Articles On Strike Energy (ASX:STX)

This content is created by Smallcaps Authors. [Author : Tim Treadgold] The battle of the billionaires for control of Warrego Energy (ASX: WGO) in Western Australia’s gas-rich North Perth Basin is heading towards a showdown but the war is...

The Australian share market is making another move higher today, bringing returns from the S&P/ASX 200 Index (ASX: XJO) to 7.8% so far this year. Today’s enthusiasm is being felt across ASX energy shares, with the sector’s performance...

Warrego Energy shareholders appear unconvinced by both Strike and Gina Rinehart’s bids for the Perth Basin gas play.

Strike Energy (STX) enters rig sharing agreement with Mineral Resources (MIN) and JV partner for use of the Ensign 970 rig for its 2023-2024 drilling campaign Since August 2020, Strike has successfully drilled six wells using the Ensign...

There’s an odd new arrival on Perth Basin gas player Strike Energy’s shareholder register amid the takeover battle for Warrego Energy.

Talon Energy (TPD) and joint venture partner Strike Energy (STX) receive production licence grant for the Walyering gas project in Western Australia The grant of the licence by the WA Department of Mines, Industry, Regulation and Safety...

Coming to the close of the 2022 calendar year, Warrego Energy [ASX:WGO] was the subject of some impassioned interest from prospective energy company competitors. Warrego, caught at the centre of a bidding triangle had first knocked down Str...

ShareCafePositive open despite higher-than-expected inflation data: ASX up 0.66% at noon by Peter Milios   The data released shows that Australia’s monthly inflation data for November has reached 7.3 per cent, which is above the consensus f...

The prospect of a greater reward has led Warrego Energy (ASX:WGO) co-founder Duncan MacNiven to accept Hancock Energy’s revised offer for the shares he owns in the company. While MacNiven has accepted the initial 28c per share cash offer fo...

ShareCafeIGO Hunting that Essential Acquisition Australian miner IGO Ltd and its Chinese partner Tanqui have made a well-timed bid for the smaller lithium aspirant Essential Metals at a likely cost of around $A136 million. The bid’s logic i...

There’s electricity in the air this morning as a handful of ASX lithium shares bask in the excitement of recent acquisition developments. At the time of writing, the broad S&P/ASX 200 Index (ASX: XJO) is enjoying a green start to the...

Highlights The EBITDA of New Hope Corporation in the quarter ending October 2022 was AU$648.1 million. The zero-spin silicon (ZS-Si) project of Silex Systems achieved its target enrichment objectives. Askari Metals completed phase I r...

The S&P/ASX 200 Index (ASX: XJO) appears set to end the first week of 2023 in the green, with ASX lithium shares helping it get there. Stocks in the battery-making material are outperforming all others on the index today while their ho...

Gina Rinehart’s Hancock Prospecting has increased its takeover bid for Warrego Energy after Mineral Resources (MinRes) entered the fray for the Perth Basin gas player. The activity surrounding Warrego is evidence of mining companies vying...

Strike Energy (STX) releases a second supplementary bidder’s statement claiming its takeover offer of Warrego Energy (WGO) is still ‘best value’ for WGO shareholders Strike’s offer exceeds that of Hancock Energy which yesterday was upped...

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.