Articles On Strike Energy (ASX:STX)

Strike Energy (ST1) capped off a busy start to the 2022 financial year by announcing it had been added to the ASX 300 following a rebalance The energy stock spent much of Q1 FY22 focused on West Erregulla where it concluded its drilling ca...

It’s no secret there’s plenty of exploration activity going on in Western Australia’s oil and gas rich Perth Basin, but what is starting to become more apparent is just how competitive the resources from this region could be.  Last week Str...

Talon Energy (TPD) and joint venture partner Strike Energy (STX) complete site works at the Walyering-5 well in the onshore Perth Basin, Western Australia TPD says it is waiting for the the drill rig to arrive from the Lockyer Deep well be...

Minerals 260 (ASX:MI6) listed today and the market likes the look of the Liontown Resources (ASX:LTR) spinout, with the price rising 20%. Liontown has held the Moora gold-nickel-copper-PGE project near Julimar since 2018, with the asset now...

Minerals260 (ASX:MI6), a spinoff from Liontown Resources (ASX:LTR), enjoyed a positive debut despite the ASX finishing down again. The ASX 200 retreated 0.26% to close at 7,821 points with all sectors in the red except consumer staples and...

The S&P/ASX 200 Index (ASX: XJO) is on course to record a disappointing decline. In afternoon trade, the benchmark index is down 0.4% to 7,269.9 points. Four ASX shares that are falling more than most today are listed below. Here’s why...

Highlights ANZ shares rose after Farhan Faruqui took charge as CFO of the company. Commonwealth Bank shares dropped amid report of civil penalty proceedings against the lender. Strike Energy shares plunged despite delivering its maid...

A reserves update from the duo’s West Erregulla gas project in the Perth Basin has disappointed investors.

The ASX retreated again as angst over inflation and the withdrawal of stimulus continued to weigh on global markets. The ASX 200 closed at 7,300 – 0.28% lower than Friday’s close. Tech was the biggest laggard, losing nearly 3% but energy an...

In late trade, the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a decline. At the time of writing, the benchmark index is down 0.3% to 7,296.9 points. Four ASX shares that are falling more than most today are listed...

Strike Energy (ASX:STX) has defined a gross proved and probable (2P) reserve of 300 petajoules for its West Erregulla field that highlights the emergence of the Perth Basin as Australia’s next gas province. To top it off, this resource cove...

The Strike Energy Ltd (ASX: STX) share price is falling hard in early trade. Below, we take a look at the ASX energy share’s gas reserve update. What gas reserve update did Strike announce? Strike Energy’s share price is tumbling despite t...

Strike Energy (STX) delivers its maiden Perth Basin gas reserve in Western Australia, just two years after its first exploration operations started Subsurface consultancy, Netherland, Sewell & Associates Inc (NSAI) has given certifi...

Metgasco and its partners are on track to secure a rig to drill the Cervantes-1 oil exploration well that targets a lookalike of the Hovea oil field, with Waitsia type reservoir quality, in the onshore Perth Basin, WA. The joint venture has...

Joint venture partners Metgasco (ASX: MEL), Vintage Energy (ASX: VEN) and private company RCMA Australia have entered a rig sharing contract with fellow oil and gas explorer Strike Energy (ASX: STX) with a view to drill the Cervantes-1 well...

  BHP flashes green credentials, but is it doing enough? BHP’s annual ‘climate change report’ is now a ‘climate action report’. What a difference a year makes when it comes to nomenclature. The action its referring to is at least a little m...

ShareCafeSTX – Macquarie rates the stock as Outperform Strike Energy has signed an MOU with Infinite Blue and ATCO to secure additional hydrogen for Project Haber urea. Macquarie observes the company is pursuing a net zero plan that will en...

Energy is having its day in the sun this week on the back of oil prices rising to a six-week high, leading the Bank of America to suggest that crude could hit the US$100 per mark if winter in the northern hemisphere turns out to be colder t...

Politically incorrect as it might be to invest in oil and gas there is a yawning value gap opening between share prices and a record international price for natural gas, with a bonus in the form of a takeover rush for producers and explorer...

The Strike Energy [ASX:STX] shares are up today after announcing it has signed separate non-binding memorandums of understanding (MOU) with ATCO and Infinite Blue Energy to source green hydrogen for their Project Haber. The post Strike Ener...

Highlights Pilbara Minerals shares hit record high on strong response for spodumene auction. Hotel Property Investments nosedived 6% despite raising funds. Strike Energy rose over 3% following a business update. Fenix Resources share...

Highlights The Australian benchmark index, ASX 200, declined as much as 0.7% by lunchtime. Weak global cues and rising COVID-19 cases weighed on market sentiment. Eight of 11 sectors were trading lower, while energy was the worst perf...

Aspiring Perth Basin gas play Strike Energy has struck draft agreements with two companies as it eyes the use of green hydrogen as a feedstock at its proposed $2.3 billion urea project near Geraldton.

The Strike Energy Ltd (ASX: STX) share price has opened higher this morning after the company’s latest green announcement. It’s about a green hydrogen and carbon sink project. At the time of writing, shares in the energy company are tradin...

The northern Perth Basin is back in the limelight as the next great source of gas for Western Australia after Mineral Resources (ASX:MIN) and Norwest Energy (ASX:NWE) declared their Lockyer Deep 1 exploration well to be a significant gas di...

Strike Energy wants an exemption from the State’s ban on the export of onshore gas, arguing it should be incentivised to develop its downstream Haber urea plant near Geraldton.

Interest in the northern Perth Basin has been burning merrily along thanks to Waitsia and West Erregulla discoveries, but Mineral Resources’ (ASX:MIN) confirmation that its Lockyer Deep-1 exploration well has made a significant gas discover...

The ASX 200 made a little comeback in afternoon trade, but still traded flat on the day as local stocks struggled for direction. Energy stocks did their best to drag the broader index higher, as oil prices consolidate back above US$70/barre...

The Strike Energy Ltd (ASX: STX) share price is gaining today after the company released an update on its Mid-West Geothermal Power Project. Strike stated the project’s potential geothermal power could make a big impact on Western Australi...

Wall Street rises to fresh record levels yet again All three US stock market indexes rose last night to fresh record highs once again. It was the third consecutive day that the US stock markets have climbed. The Dow Jones rose by 0.11%, S&a...

The Strike Energy Ltd (ASX: STX) share price is in reverse during early afternoon trade. This comes after the energy producer announced a production test update at its West Erregulla 5 (WE5) well. Strike Energy and Warrego Energy Ltd (ASX:...

The 2021 financial year was one of contrasts for the oil and gas industry with low crude prices making life challenging for many ASX companies earlier in the year before a strong recovery improved conditions. Oil prices traded below the US$...

Highlights Australian benchmark index, the ASX200, fell 46.40 points or 0.61% to close at 7,582.50. The market was dragged down by a sharp sell-off in energy and financial stocks. Beach Energy, Lendlease, Bendigo and Adelaide Bank fal...

In July, commodity prices finished mostly higher except for iron ore and oil. Thermal coal and LNG were amongst the best performers, as this graph out of the Commonwealth Bank’s research desk shows:   Commodity prices for July. Source : Com...

The ASX200 chalked up another day of gains in Thursday trade, and once again it was resources leading the way. The ASX200 Materials index posted a solid 1.51% gain, and has now risen by at least 1% on five of the last seven trading days. Pr...

The Strike Energy Ltd (ASX: STX) share price has jumped more than 7% in early trade after a strong production test update from the Aussie energy company. Why is the Strike Energy share price climbing? Strike reported that it has conducted...

MoneyTalks is Stockhead’s regular recap of the ASX stocks, sectors and trends that fund managers and analysts are looking at right now and in this edition we’re looking at potential takeover targets. Today we hear from Luke Laretive from Se...

It’s bankers and lawyers at ten paces as frenemies Strike Energy and Warrego Energy stock up for battle. 

The ASX200 opened higher before trading flat into the close, as other major indexes across Asia struggled for traction to start the week. Without the mining sector it would’ve been a sadder story, as the ASX200 Materials index closed more t...

While multiple states continue grappling with COVID-19 outbreaks, the ASX stayed buoyant on Thursday to chalk up healthy gains for the third straight session. Mining and materials stocks continued their rebound from earlier in the week, as...

The revelation that Santos (ASX:STO) made a non-binding offer for Oil Search (ASX:OSH) has been the talk of the town, especially since it appears to make a lot of sense. After all, the combination of the two companies would result in the cr...

After a rough couple of days, local stocks got back in the saddle on Wednesday as most large cap sectors finished in positive territory. There was no clear standout on the day, with resources and materials both finishing more than 1% higher...

The company has emerged with 8.16 per cent of Warrego Energy, increasing its stake in West Erregulla to 54 per cent.

The Strike Energy Ltd (ASX: STX) share price has bounced back after dropping almost 3% in early trade today. This comes after the company released an update on its West Erregulla project in Western Australia. In early trade, Strike Energy...

There were few winners at the big end of town, as local stocks sold off sharply following a weak lead from Wall Street. The ASX200 Energy index fell by more than two per cent, accompanying a selloff in oil prices after OPEC member states ag...

ShareCafeStrike Energy aspires to be the lowest cost onshore gas producer in Australia Presenter – Stuart Nicholls – MD, CEO & Executive Director – Strike Energy aspires to be the lowest cost onshore gas producer in Australia, in order...

ShareCafeHidden Gems Webinar Recap – PLT, ICR, STX, WNX Catch up on the full webinar with presentations from Plenti Group (ASX: PLT), InteliCare (ASX: ICR), Strike Energy (ASX: STX) & Wellnex Life (ASX: WNX). Hidden Gems Webinar Re...

On Friday, the ASX 200 finished 0.17% higher, after regaining lunchtime losses. Energy and Utilities were the main drag on the benchmark index, which closed the week 1% higher. Buy-now-pay-later (BNPL) stock Afterpay (ASX:APT) continued its...

Smell that? It’s not gas. It’s the scent of desperation coming from the federal government as it continues to extol the virtues of its gas-fired recovery. The latest facet of this strategy is the award of first grants from its $50m Beetalo...

The Henry Hub natural gas spot price is holding steady, trading today at $3.63/MMbtu – and the outlook for the rest of the year looks good. The US Energy Information Administration (EIA) predicts that prices will stay higher than $3.00/MMBt...