Articles On Strike Energy (ASX:STX)

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...

Strike Energy’s (STX) independently certifies a portion of its South Erregulla operation to host combined 2P reserves and 2C contingent resources of 399 petajoulesThe certification, completed by Netherland Sewell and Associates (NSAI), rela...

Strike Energy (STX) releases an independently certified updated resource statement for its Ocean Hill gas field in the Perth BasinThe certification was granted by an independent advisory firm, RISC, which gave Ocean Hill net 2C conventional...

The Pilbara Minerals Ltd (ASX: PLS) share price has been a top performer in the last few months. Can the ASX lithium share keep going? Since the start of October, it’s up by 18%. Over the past month it’s up more than 35%. From the middle o...

The Pilbara Minerals Ltd (ASX: PLS) share price is outperforming its ASX lithium peers today. Pilbara shares are surging 7.1% and are currently trading at $5.47 each. Earlier in the day, they hit a new all-time high of $5.61 before partia...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) looks set to end its winning streak. At the time of writing, the benchmark index is down 0.15% to 6,806.2 points. Four ASX shares that have not let that hold them back today are list...

The Sayona Mining Ltd (ASX: SYA) share price was out of form on Wednesday. The lithium developer’s shares ended the day almost 8% lower to 23.5 cents. This was despite the ASX 200 index rising a sizeable 1.75% to 6,815.7 points. Why did th...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record another solid gain. At the time of writing, the benchmark index is up 1.6% to 6,808 points. Four ASX shares that have failed to follow the market higher today...

The Pilbara Minerals Ltd (ASX: PLS) share price was enjoying another strong run today, up 2.9% in late morning trade, before heading sharply the other direction. Shares are currently down 3.13%. This comes amid a wider run higher for the m...

Strike Energy (STX) further progresses testing operations at its South Erregulla gas discoveries in Western AustraliaThe company has now rigged up a test spread and subsequently executed 21 metres of perforations across the Wagina Sandstone...

Today, Perth-based gas and geothermal energy producer Strike Energy [ASX:STX] said it has had its combined Kingia Sandstone gas reserves and resources independently certified. The post Shares Escalate as Strike Energy Certifies Gas Discover...

Strike Energy’s (STX) South Erregulla operation has been independently certified to host combined 2P reserves and 2C contingent resources of 306 petajoulesThis certification relates to the Kingia Sandstone alone and follows “successful” dri...

Strike Energy (STX) completes its workover at the South Erregulla 1 well as it gears up for a Wagina gas discovery production testThe company says as part of the workover, it had reset the production tubing and isolated the Wagina Sandstone...

Genesis has secured majority control of Dacian Gold, with a major board reshuffle to follow at the end of this month at the newly enlarged gold junior Ratings agency Moody’s sees EBITDA for major mining companies falling over the coming ye...

The Mineral Resources Limited (ASX: MIN) share price has taken off this morning after the company addressed rumours it’s considering spinning out its lithium business. In response to recent speculation, the S&P/ASX 200 Index (ASX: XJO...

The Mineral Resources Limited (ASX: MIN) share price will be on watch on Friday. This follows the release of an announcement by the mining and mining services company relating to its lithium operations. Mineral Resources share price amid l...

Talon Energy (TPD) will transition from gas explorer to producer early next year as it progresses the Walyering joint venture project in the Perth Basin of Western Australia. The Walyering project is shared with ASX-lister Strike Energy...

Sentiment towards natural gas is increasingly positive if the mood at RIU’s Good Oil Conference in Perth this week is any indication. There is also a notable preponderance of gas-focused plays presenting or exhibiting at the conference this...

Australian shares face selling pressure following losses in the US after upbeat economic data sharpened expectations for another jumbo rate hike this month. US treasury yields ripped higher, pressuring borrowing-dependent growth stocks....

The Core Lithium Ltd (ASX: CXO) share price is taking off on Monday despite the company’s silence. The stock is trading at $1.355 right now, 5.45% higher than its previous close. For context, the S&P/ASX 200 Index (ASX: XJO) is up 0....

The PointsBet Holdings Ltd (ASX: PBH) share price is faltering on Monday amid news the company will soon lose its title as one of the ASX’s top stocks. The bookmaker will be dumped from the S&P/ASX 200 Index (ASX: XJO) later this mont...

The new week looks likely to start where the old one finished, with share prices under pressure following losses in the US. Wall Street closed out a third straight losing week with further falls on Friday as on-target job figures failed...

On Friday, the S&P/ASX 200 Index (ASX: XJO) finished a tough week with another red day. The benchmark index dropped 0.25% to 6,828.7 points. Will the market be able to bounce back from this on Monday? Here are five things to watch: AS...

Are you looking for dividend shares to buy? If you are, it could be worth checking out the two listed below. Here’s why they are rated as buys right now: Adairs Ltd (ASX: ADH) The first ASX dividend share that could be a buy is Adairs....

The Mineral Resources Limited (ASX: MIN) share price has been a strong performer over the last couple of months. During this time, the mining and mining services company’s shares have risen an impressive 28% to $58.71. This has been driv...

The Zip Co Ltd (ASX: ZIP) share price just can’t catch a break these days. After the market close on Friday, the buy now pay later (BNPL) provider’s shares were dealt another blow. What’s happening? According to an announcement out o...

The S&P/ASX 200 Index (ASX: XJO) is motoring towards a slight downtick to end the trading week so far this Friday. After what has been a rather tough week for investors, the ASX 200 has lost 0.2% so far today to trade around 6,832 poi...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) looks set to end the day in the red. The benchmark index is currently down 0.1% to 6,838.7 points. Four ASX shares that are falling more than most today are listed below. Here’s why...

The Core Lithium Ltd (ASX: CXO) share price is powering down on Friday despite no announcements from the company. At market open, shares in the lithium producer were in the green before quickly reversing their gains. Currently, the Core Li...

Strike Energy (STX) taps investors for $30 million to accelerate work across its West Australian projectsLocal and international institutional, professional and sophisticated investors have made binding commitments for a placement of around...

ASX 200 sinks 2% Small caps get crushed, down 2.5%  Region, AUD and miners sink on weaker China activity   The local market is being dragged to hell by mining, materials and gold stocks, which are down between 4% and 5%. The S&P/ASX...

Strike Energy (STX) secures a $6 million agricultural finance facility from Rabobank to acquire the Precinct which lies along the South West interconnected system (SWIS)Strike has begun marketing to develop the Precinct’s renewable energy i...