Articles On Strike Energy (ASX:STX)

08 Dec 2022 - Strike Energy (ASX:STX) has dealt itself back into the battle for Warrego Energy (ASX:WGO), its 50% partner in the West Erregulla gas field near Perth.

ShareCafeFancy Moves Put Strike Back in the Warrego Mix Strike Energy has dealt itself back into the battle for Warrego Energy, its 50% partner in the West Erregulla gas field near Perth. Strike’s ambitions for Warrego had seemingly been pu...

ShareCafeASX falls on big tech losses: Aus shares close 0.5% lower by Peter Milios   All sectors besides Materials, which closed 0.22 per cent higher, have finished in the red, amidst the release of the news that GDP estimates fell short of...

With three companies fighting over control of Warrego Energy, it is yet uncertain which direction the power battle may take. As it stands, Hancock Energy has the leading bid, but it has been blocked by an unforeseen move by Warrego’s partne...

Australian shares fell for the third time in four sessions as investors balanced weak leads from Wall Street against fresh moves in China towards reopening. The S&P/ASX 200 briefly halved an opening loss of almost 1 per cent after Bl...

The spurned suitor has struck a share swap with Warrego shareholders that will give it 19.9 per cent of its West Erregulla partner.

The S&P/ASX 200 Index (ASX: XJO) is out of form on Wednesday. In afternoon trade, the benchmark index is down 0.6% to 7,247.8 points. Four ASX shares that aren’t letting that hold them back today are listed below. Here’s why they...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record another disappointing decline. At the time of writing, the benchmark index is down 0.75% to 7,236.2 points. Four ASX shares that are falling more than most to...

The share market fell to its lowest in a week after the threat of a 2023 recession dragged Wall Street to a fourth straight loss. The S&P/ASX 200 declined 54 points or 0.75 per cent by mid-session. The fall added to losses yesterday...

ShareCafeAnnual GDP misses forecasts: ASX down 0.81% at noon by Lauren Hayes   The local bourse is continuing its losing streak after major US indexes fell overnight, with recession concerns continuing to weigh on markets. At noon, the S&am...

The Australian share market has just welcomed its latest lithium share, with the Patriot Battery Metals Inc (ASX: PMT) share price hitting the ASX boards at noon. This follows an initial public offering (IPO) which raised a modest $4.2 mil...

The 4DS Memory Limited (ASX: 4DS) share price streaked 32% higher shortly after the market open today. The ASX tech share shot up following an announcement by the semiconductor memory storage company this morning before settling again in la...

The Strike Energy Ltd (ASX: STX) share price is soaring on Wednesday, up 5%. Strike Energy shares closed at 34 cents yesterday and are currently trading for 36 cents apiece. Investors are bidding up the ASX energy share following an update...

On Tuesday, the S&P/ASX 200 Index (ASX: XJO) was out of form and dropped into the red. The benchmark index fell 0.5% to 7,291.3 points. Will the market be able to bounce back from this on Wednesday? Here are five things to watch: ASX...

The spotlight on energy has intensified as governments around the world look to secure supply. Investors are buying into the theme, which has only strengthened as world economies grapple with global supply issues post Russia’s invasion o...

ShareCafeRinehart Moving and Shaking Up the Northwest Gina Rinehart’s private business has made two significant moves in rare earths in the Northern Territory and natural gas in the Perth Basin, near the WA capital. Monday saw Ms Rinehart’s...

The Warrego Energy Ltd (ASX: WGO) share price has started the week with a bang. In morning trade, the energy explorer’s shares are up just short of 12% to 31.5 cents. This means the Warrego Energy share price is now up 100% since this ti...

FNArena's dedicated ESG Focus news section zooms in on matters Environmental, Social & Governance (ESG) that are increasingly guiding investors preferences and decisions globally. For more news updates, past and future: https://www.fnar...

ASX 200 energy shares have had a rocking year but for a terrible reason — that being the war in Ukraine. The conflict has disrupted global supply chains given Russia is a pretty big energy supplier, especially to Europe. The S&P/ASX 2...

ShareCafeASX down 0.66% at noon after a moderate week of trading by Peter Milios   Energy and Real Estate are down almost 2 per cent at noon, followed by Materials, which is down by 0.61 per cent. Energy’s biggest players, including Woodsid...

ShareCafeStocks of the Hour: LGP, WGO, AHQ                    Little Green Pharma (ASX:LGP) has announced that they have secured a second exclusive supply agreement with Cannamedical, for the exclusive supply of the company’s medicina...

Woodside Energy Group (ASX:WDS) is still very much an oil and gas operator – and certainly even more of one since it completed its acquisition of BHP’s petroleum arm – and this couldn’t be any clearer when you consider its recent guidance....

The Warrego Energy Ltd (ASX: WGO) share price has been on fire over the past month. The company’s valuation has been boosted significantly thanks to a flurry of takeover interest. Today, shares in the natural gas explorer are holding near...

Warrego Energy (WGO) is considering a fresh takeover offer from Hancock Energy after the Gina Rinehart business announced its bid earlier this weekWarrego over November fielded competing takeover offers from Beach Energy (BPT) and Strike En...

FNArena's dedicated ESG Focus news section zooms in on matters Environmental, Social & Governance (ESG) that are increasingly guiding investors preferences and decisions globally. For more news updates, past and future: https://www.fnar...

Shareholders in the WA gas play lobbed a big protest vote against 28 million options being issued to its non-executive directors.

World Overnight SPI Overnight 7259.00 + 10.00 0.14% S&P ASX 200 7231.80 + 50.50 0.70% S&P500 4027.26 + 23.68 0.59% Nasdaq Comp 11285.32 + 110.91 0.99% DJIA 34194.06 + 95.96 0.28% S&P500 VIX 20.35 – 0.94 – 4.42% U...

ShareCafeIT and Materials drag down the ASX: Aus shares close 0.17% lower by Peter Milios   In a relatively quiet session, Utilities have led the day, following big results from Mercury NZ (ASX:MCY), which closed 4.31 per cent higher, and A...

ShareCafeLacklustre start to the week: ASX flat at noon by Lauren Hayes   The Australian market is having a lacklustre start to the trading week after US equity markets posted gains on Friday on news of strong earnings reports, but ended lo...

There had been suggestions that having struck a deal to buy Warrego Energy, Beach could be interested in bidding for Strike also.

FNArena's dedicated ESG Focus news section zooms in on matters Environmental, Social & Governance (ESG) that are increasingly guiding investors preferences and decisions globally. For more news updates, past and future: https://www.fnar...

ShareCafeASX falls after lithium stocks crumble: ASX closes 0.07% lower by Peter Milios   Sectors were mostly mixed today, and the S&P/ASX 200 was 0.07 per cent or 4.70 points lower at 7141.6 at the closing bell. Healthcare slightly edg...

Strike Energy (STX) urges shareholders of Warrego Energy (WGO) to favour a proposed merger between the two companies over a takeover bid from Beach Energy (BPT)Warrego and Beach on Monday entered a scheme implementation over Beach’s propose...

The companies are partners in the West Erregulla gas field in the Perth Basin.

ShareCafeSlow start to week continues as RBA hints further hikes: ASX down 0.35% at noon by Lauren Hayes   Following a choppy US session overnight, the Australian market is marginally lower this morning. Materials have erased some of yester...

Beach Energy (ASX: BPT) has come out the winner in a takeover battle with fellow gas player Strike Energy (ASX: STX) by luring Warrego Energy (ASX: WGO) with a $246 million offer. Beach, the bigger of the two bidders, today announced it has...

Warrego Energy (WGO) signs a scheme implementation deed with ASX 200-listed Beach Energy (BPT) following Beach’s takeover offer for full control of Warrego last weekThe deed throws a potential merger between Warrego and its joint venture pa...

ShareCafeStocks of the Hour: WGO, A4N, IVZ                    Warrego Energy (ASX:WGO) advised that it has entered into a Scheme Implementation Deed with Beach Energy Limited (ASX:BPT) under which Beach will acquire all the issued sha...

Beach Energy is poised to win the race for control of Warrego Energy after gazumping fellow Perth Basin play Strike Energy with a better offer for shareholders.

Strike Energy’s hopes of a swift courtship to woo takeover target and Perth Basin partner Warrego Energy have been thwarted by Beach Energy.

Highlights Strike Energy joins hands with Warrego Energy at an agreed merger ratio. The Strike shareholders will acquire 72% of Warrego Energy at a share exchange rate of 0.7750. Under the agreement terms, Warrego shareholders will re...

ShareCafeMarket surges to a five-month high after a shaky week: ASX up 2.68% at noon by Peter Milios   The ASX has opened to a five-month high, as Information Technology surged by almost 5 per cent. Real Estate was the next best sector, clo...

ShareCafeStocks of the Hour: EMV, VMS, TKM                    EMVision Medical Devices (ASX:EMV), a company that develops medical imaging technology, has today announced that they have been awarded a $2.5 million non-dilutive grant fr...

There are big moves afoot in the energy sector and it all stems from Origin Energy (ASX:ORG) receiving a non-binding takeover offer from Brookfield Asset Management and EIG valuing its shares at $9 each – a level that was last seen in 2018....

Strike Energy (STX) makes a play for full control of its joint venture partner, Warrego Energy (WGO), in an all-scrip dealStrike is offering Warrego shareholders 0.775 STX shares for every WGO share held, representing an offer price of roug...

In the spirit of it being Thursday – a day traditionally reserved for planning a sickie for Friday and heading out to go late-night shopping in the states and territories where truly civilised people exist – there’s a lot of talk about thes...

Warrego Energy has given a tentative nod to a $200 million-plus merger proposal by its Perth Basin project partner Strike Energy.

RockTalk is a Stockhead video series featuring a roundtable of resources experts discussing a new macro topic each week.   In this episode Peter Strachan takes a deep dive into the world of fertilisers. This episode is focused on sulphate o...

Strike Energy (STX) has identified a “significant” extension of the Permian trend within the Perth Basin, Western Australia The Tathra Terrace structural trend has four large leads in the Arrino and Kadathinni structures, which have a combi...

Strike Energy (STX) and Talon Energy (TPD) enter the execution phase at their project in the Walyering gas field in Western AustraliaThe joint venture says the procurement program is now 70 per cent complete and remains on track to hit Stri...