Articles On Strike Energy (ASX:STX)

Local shares inched lower in the afternoon to a flattish close Wesfarmers’s plan to acquire Laser Silk thwarted by little-known company China’s purchase of Australian coal surged in April   The ASX 200 closed flattish on Tuesday with Tech...

The ASX fell modestly on Monday amid concerns around the debt ceiling crisis New regulations for the BNPL sector China bans US chip giant Micron Technology   The ASX 200 fell -0.15% today as losses in Financials, Real Estate and Discretio...

The market made some gains after midday trade, but fell short of a green finish. The ASX 200 closed down 0.22 per cent for the first day of the trading week at 7,263.3 points. In the green Information Technology finished at the top...

The ASX snapped a two-day losing streak Xero jumped 8pc despite deepening its loss, Nufarm surged 14pc on higher profit Aussie jobless rate rose to 3.7pc   Mining and tech stocks lifted local shares today, as the ASX index closed +0.4% hi...

Local shares finished -0.4% lower on Tuesday James Hardie and Life360 were two of the best large cap performers The RBA said further rate hikes may be required   The ASX 200 index finished -0.3% lower on Tuesday, dragged down mainly by lo...

Companies with exposure to Artificial Intelligence (AI), quantum technology, green energy, childcare and aged care are set to be bolstered by the delivery of Australia’s Federal Budget last evening. But companies focussed on offshore gas...

Tourism Holdings Ltd (ASX: THL) could be one of the biggest bargain ASX shares right now. That’s the view of analysts at Morgans, which have declared that the “sell-off is overdone” following a heavy decline on Tuesday. In case youâ€...

The ASX closed lower on Tuesday, dragged down by the real estate sector Treasurer Jim Chalmers is set to deliver the Fed Budget tonight Biden and McCarthy to discuss the all-important US debt ceiling   The ASX finished 0.2% lower today ah...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to end the day with a small decline. At the time of writing, the benchmark index is down 0.2% to 7,262.3 points. Four ASX shares that are falling more than most today...

This Tuesday has not been a pleasant one for the All Ordinaries Index (ASX: XAO) and most ASX All Ords shares. At the time of writing, the All Ords is down by 0.24% at just over 7,450 points. But not all All Ords shares are copping punishm...

A little-known ASX mining stock is setting the bar high today. Very high. The All Ordinaries Index (ASX: XAO) is down 0.29% in afternoon trade, following on weakness in US markets on Friday. But this junior mining share is up a whopping 1...

By Mark Woodruff Guide: The FNArena database tabulates the views of eight major Australian and international stockbrokers: Citi, Bell Potter, Macquarie, Morgan Stanley, Morgans, Ord Minnett, Shaw and Partners and UBS. For the purpose of bro...

The ASX 200 index closed 0.3% on Friday, but was down 1% for the week ANZ and Macquarie’s earnings lifted financials Property stocks also lifted higher today   Local shares finished higher by 0.3% on Friday despite opening lower this morn...

The ASX tumbled over 1% today, in line with moves on Wall Street overnight Energy stocks tumble after crude prices plunge over 5pc last night The US Fed will make its rate decision later tonight   The ASX 200 tumbled by 1.3% on Wednesday,...

The ASX jumped half a percent, tracking moves in New York on Friday Three major decisions by central banks this week Judo Capital upgrades its net interest margin guidance for H2    The ASX 200 index rose to by 0.5% on Tuesday as it track...

By Mark Woodruff Guide: The FNArena database tabulates the views of eight major Australian and international stockbrokers: Citi, Bell Potter, Macquarie, Morgan Stanley, Morgans, Ord Minnett, Shaw and Partners and UBS. For the purpose of bro...

Local shares slumped on Friday after earnings report from giant miners Nomura and Bank of America upgraded China’s growth Cathie Wood sees Tesla at US$2k in 2027   Local shares slumped -0.3% on Friday, taking its weekly loss to around -0....

The ASX 200 index finished flat on Thursday Miners lifted on earnings while banks lagged The RBA is under fire after a review report was released by Treasurer Chalmers   Aussie shares finished flat again on Thursday as earnings updates ro...

Strike Energy (STX) completes initial engineering work with Technip Energies for a modular and expandable gas plant in Western Australia The development of the South Erregulla gas plant will be rolled out in three phases in line with the...

Local shares closed flat on Wednesday Gold and lithium stocks climbed The Star Entertainment Group lost 7% after saying a strategic review will be conducted for its Sydney casino   The ASX has ended the day flat, with gains in Mining stoc...

The ASX slumped by 0.4% today as the RBA released its April minutes Core Lithium jumped 8pc after increasing its MRE BlackRock ditched its 60/40 strategy   Local shares fell 0.4% on Tuesday after the RBA minutes revealed the central bank...

Local shares lifted over 1 per cent today as all 11 sectors rose Newcrest Mining and Treasury Wines led their respective sectors Bitcoin surged past US$30k, first time since June 2022   The ASX 200 advanced 1.2% today, with all 11 sectors...

The ASX slipped around 0.3% on Thursday RBA said borrowers could be facing a ‘mortgage cliff” in the next two months Tech stocks and Real Estate sectors sold off today   Aussie shares slipped around 0.3% on the last trading session before...

The Australian stock market has enjoyed its best day since mid-January as fears over banking contagion ease. The ASX saw a slight raise, gaining just under one per cent to 7015.6.   International indexes followed suit, with the Asia D...

Heavy volumes suggest someone could be building a position in the Perth Basin wannabe gas producer.

Oil, gas and power exploration companies Talon Energy [ASX:TPD] and Strike Energy [ASX:STX] announced they’ve officially received multiple key regulatory approvals for their joint venture Walyering gas project. The companies expect construc...

Gas remains key to Australia’s energy mix Two ASX listed juniors  pushing to develop new supplies include Strike Energy and State Gas   Gas remains key to Australia’s energy mix with the Federal Government continuing to stand firm on the...

Gas remains key to Australia’s energy mix Two ASX listed juniors  pushing to develop new supplies include Strike Energy and State Gas   Gas remains key to Australia’s energy mix with the Federal Government continuing to stand firm on the...

Strike Energy (STX) and Talon Energy’s (TPD) environmental plan for the Walyering gas field has been approved The approval enables Strike, the operator of the JV, to begin construction at the site in the Perth Basin of Western Australia,...

Small-cap ASX shares were devastated last year, so a contrarian might argue that now is a great time to buy some in anticipation of a 2023 comeback. But with information more scarce on these businesses and earnings volatile compared to th...

Gina Rinehart’s Hancock is almost done with picking Warrego Energy off the ASX boards and investors have moved on to weighing M&A prospects of Strike Energy.

Junior oil and gas explorer Talon Energy (TPD) successfully taps investors for $14 million to advance exploration and development work across its WA assets The company plans to raise $12 million through a private share placement and $2 m...

WA gas play the Talon Energy launched a $12 million placement on Thursday morning to fund its share of the development costs of the Walyering gas project which it owns with Strike Energy.

Strike Energy (STX) launches a “gas acceleration strategy” across its Western Australia-based projects With $136 million in hand from the sale of its Warrego Energy (WGO) shares, Strike is targeting four sources of gas production to come...

The ASX is set to follow Wall Street lower at the open on Thursday US manufacturing data suggests more Fed rate hikes could be on the table Elon Musk to unveil Tesla ‘Master Plan 3’   The ASX is poised to open lower on Thursday in line wi...

Hancock Energy now owns 95.63 per cent interest in Warrego Energy, effectively ending the months-long takeover battle. Earlier in February, Strike Energy, the only remaining suitor for Warrego after MinRes and Beach Energy stepped aside, w...

Mineral Resources (MinRes) last week finally secured control of oil and gas exploration company Norwest Energy. But how did it all start? Major mining companies have been battling for control of WA gas assets since the beginning of the yea...

Strike Energy has walked away from the Warrego Energy takeover battle with $136 million. Hancock Prospecting will now own Strike’s 30.4 per cent interest in the Perth Basin gas provider. Strike first announced that it would bow out of the...

Just five days after it was screaming its one-for-one scrip bid for Warrego was superior to Hancock Prospecting’s all cash offer, the ASX-listed small cap’s done a complete U-turn and offered its 26 per cent stake to the rival camp on a sil...

Strike Energy capitulates as Hancock gets over the line with Warrego takeover bid The US gets nudged awake following a marathon State of the Union from Biden Aussie markets end the day 0.3% higher on the back of Financials and Materials su...

ShareCafeSectors mixed as ASX edges 0.35% higher by Peter Milios   Financials and Materials led the pack, whilst Consumer Staples and Healthcare were today’s laggards. Overall, at the closing bell, the S&P/ASX 200 was 0.35 per cent high...

The tussle for Warrego Energy (ASX:WGO) has ended with Strike Energy (ASX:STX) accepting Hancock Energy’s 36c per share takeover offer for its West Erregulla gas field partner. Strike had been hopeful that its offer of one STX share for eve...

Strike Energy has accepted rival bidder Hancock Prospecting’s 36¢ a share offer over its own one-for-one scrip offer, which will curiously remain open.

Strike Energy has officially lost the long-running battle for WA gas junior Warrego Energy with the junior company finally revealing it would accept the offer from Gina Rinehart’s Hancock Prospecting. 

Mineral Resources (MinRes) has sold shares in Warrego Energy into Hancock Energy’s cash takeover offer. The drawn-out takeover battle for Perth Basin-based Warrego Energy continues, with MinRes’ decision taking Hancock’s interest in...

Those who have been following the Beach-Strike-Hancock battle to takeover Warrego Energy [ASX:WGO] will be interested to know that it has been Gina Rhinehart’s company who has made the concluding play. In upping its share offer from 28 to 3...

Cyprium and AIC Mines raise collective $65 million to boost Aussie copper production DDH1 posts strong first half figures ahead of results season Materials up 0.32% as Newcrest lifts on Newmont offer   All eyes are on Newcrest Mining (ASX...

Gina Rinehart’s Hancock Prospecting extended its all-cash bid for Warrego Energy to February 10, with the move occurring on the day the bid was set to expire. Strike Energy and Hancock have been engaged in a fierce battle for Warrego Energ...

With D-day looming for Hancock’s 36c offer for Warrego Energy, it looks no closer to meeting its 40 per cent minimum condition. But rival Strike Energy is also getting deserted by backers.

Strike Energy [ASX:STX] sought to address shareholders across a number of fronts that occurred in Q4 22 and off a bleak outlook on general gas in WA, saw its share price sinking near 3%. Year to date, the company has spent more than $4 mill...