Articles On Strike Energy (ASX:STX)

ASX shares are broadly off to a good start in 2023. Since the opening bell on 3 January, the All Ordinaries Index (ASX: XAO) is up a healthy 1.7%. Joining in the rally today, two ASX shares have just hit new 52-week highs. Gold regaining...

The Warrego Energy Ltd (ASX: WGO) share price is roaring higher on Thursday after Hancock Energy – owned by mining magnate and Australia’s richest person Gina Rinehart – upped its takeover bid for the ASX company. Rinehart has today...

Warrego Energy (WGO) receives a share offer from Hancock Energy, upped by 8 cents to surpass Strike Energy’s (STX) previous scrip bid Hancock lodged a sixth supplementary bidders statement in its quest for Warrego, offering 36 cents per...

Shareholders in Norwest Energy (ASX:NWE) have woken up to the first full day of an opportunity to convert their shareholdings in the company into penny packets of shares in one of Australia’s major resources companies. Of course when said c...

Little joy for investors in December with traditional Christmas rally not eventuating in 2022 Meteoric Resources leads December winners after positive metallurgical results at its new Caldeira project. Symbio Holdings saw its share price p...

December winner Meteoric Resources sees a non-executive director buy 6 million shares Northern Star Resources and Chalice Mining directors sell in December for tax obligations Johns Lyng Group COO Lindsay Barber sells 4 million shares, ~3...

With the ongoing energy crisis keeping gas prices elevated, Australian oil and gas explorers were quick to catch the attention of predatory investors over the last 12 months with exploration (and development) success top of the shopping lis...

Greg Columbus says Warrego shareholders accepting Hancock Prospecting’s bid will surrender all upside from a combination of the Perth Basin players.

The ASX 200 looks set to open 0.90% higher today Trading volume is lighter, but it could lead to outsized moves The new year could bring a bit of a revival   The world breathed a sigh of relief yesterday as U.S. markets closed higher, wit...

Those invested in Rio Tinto Limited (ASX: RIO) shares have likely had a good year. The stock has lifted 15% since the start of 2022. But those who have held the S&P/ASX 200 Index (ASX: XJO) iron ore giantâ€...

Christmas is nearly here!! Can you feel the magic in the air? Or is that just pollen? It’s honestly getting hard to tell. Either way, it’s the end of the last Wednesday before Christmas, and there can’t be a much better reason than that to...

Rio Tinto Limited (ASX: RIO) shares offer investors a very high dividend yield much of the time. The ASX iron ore share pays one of the largest dividends on the ASX, although there’s more to a dividend than just the dollar amount. Of c...

World Overnight SPI Overnight 7173.00 + 27.00 0.38% S&P ASX 200 7133.90 – 14.80 – 0.21% S&P500 3817.66 – 34.70 – 0.90% Nasdaq Comp 10546.03 – 159.38 – 1.49% DJIA 32757.54 – 162.92 – 0.49% S&P500 VIX 22.42 – 0.20 –...

Strike Energy (STX) ups the ante once more in its battle for full control of joint venture partner Warrego Energy (WGO), now offering a one-for-one all-scrip dealThe new bid implies an offer of 33.5 cents per WGO share — a 19.6 per cent pre...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) looks set to start the week with a small decline. At the time of writing, the benchmark index is down 0.1% to 7,141.8 points. Four ASX shares that are falling more than most today a...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a small decline. The benchmark index is currently down a few points to 7,144.7 points. Four ASX shares that are not letting that hold them back...

Warrego shareholders will have to chose between Hancock Prospecting’s cash or Strike shares.

If you have Rio Tinto Limited (ASX: RIO) shares in your portfolio, you may be curious about what lies ahead in 2023. Rather helpfully, the mining giant has just released a summary of its key dates for the year ahead. The dates to watch f...

One of the most important sectors within the S&P/ASX 200 Index (ASX: XJO) is the ASX iron ore shares. These include names like BHP Group Ltd (ASX: BHP), Fortescue Metals Group Limited (ASX: FMG), and Rio Tinto Limited (ASX: RIO). Of co...

The S&P/ASX 200 Index (ASX: XJO) tumbled into the weekend on the back of a dire session on Wall Street. The index closed 0.78% lower at 7,148.7 points today. That marks a 0.89% week-on-week fall. Fears of a recession following the rece...

ShareCafeSantos Deal a Potential Fly in the Warrego Ointment Was the Santos announcement on Wednesday that it had struck a new gas supply deal in WA a step up in the battle for control of Warrego Energy and the 50% stake it holds in the hug...

Strike Energy [ASX:STX] and oil and gas production company Santos [ASX:STO] have entered into a new gas supply agreement via the Walyering joint venture located in the Perth Basin. Santos has agreed to purchase a total of 36.5 petajoules of...

Australian shares closed at their highest in a week as cooling inflation in the US steadied nerves ahead of likely rate rises in the US, Europe and the UK. The S&P/ASX 200 rallied 48 points or 0.67 per cent to 7251. Highly-geared...

The share market pushed to its highest in a week after a positive end to a volatile session on Wall Street amid signs inflationary pressures were easing. The S&P/ASX 200 climbed 26 points or 0.36 per cent by mid-session. The index pu...

Welcome to the end of the day, where we recognise that your day has been just as hectic as ours, so we spend some time trawling through the news to bring you the bits and bobs from the ASX and elsewhere that keep you informed and looking su...

The ASX share market has seen plenty of volatility this year. A number of businesses have dropped 40%, 50% or even more. However, a select few have managed to go up by more than 100% over the last 12 months. With that level of rise, past pe...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macqu...

ShareCafeThe Week that Was: December 5-9, 2022 We at ShareCafe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. To make it easier to do so,...

ShareCafeBeach Left Stranded in Warrego Battle The Kerry Stokes-backed Beach Energy has abandoned the takeover battle for Warrego, leaving Gina Rinehart’s Hancock Energy seemingly in the box seat with an all-cash bid worth $342 million. But...

Australian shares rallied for the first time in four sessions after Wall Street rebounded and China’s Premier forecast changes to Covid restrictions will help the economy regain momentum. The S&P/ASX 200 climbed 38 points or 0.53 per...

Beach Energy (BPT) pulls out of the takeover battle for Warrego Energy (WGO) following a revised bid from Gina Rinehart’s Hancock EnergyBeach says Hancock’s new offer of 28 cents per share is a superior proposal that it will not contestAs s...

The share market rose for the first time in four sessions after Wall Street broke its longest losing run since October. Advances in resource stocks helped steer the S&P/ASX 200 to a mid-session gain of 16 points or 0.23 per cent. Ear...

The Warrego Energy Ltd (ASX: WGO) share price has come off the boil as it appears the ongoing takeover battle for the company’s stock may have drawn to a close. Shares in the ASX energy stock are down 3.3% in morning trade to 29.5 cents...

Punters hoping for a bidding war between two companies backed by Australian billionaires Gina Rinehart and Kerry Stokes for the right to acquire Warrego Energy (ASX:WGO) will be disappointed after Stokes-backed Beach Energy (ASX:BPT) decide...

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.

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...