Articles On Winchester Energy (ASX:WEL)

ASX 200 halves gains on the run home  Small cap index closes about 0.7% higher Tinkler takes more Jameson, shares jumps 50%   Up strongly this morning following some epic 90’s style US leads on Friday… …the benchmark ASX200 is giving it...

Benchmark up circa 1%, small caps surge 1.5% Coal miners eclipsed by Whitehaven record profits Kincora Copper finds so much more copper The small cap S&P/ASX Emerging Companies (XEC) index and the benchmark S&P/ASX 200 (XJO) index...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

ShareCafeEvening Report: 29 June, 2022 by Lauren Evans   The Australian sharemarket snapped its four-day winning streak although gains in energy, financials and consumer staples helped minimise the fall. At the closing bell, the S&P/ASX...

ShareCafeLunch Report: 29 June, 2022 by Melissa Darmawan   The rout in Australian shares have continued to deepen in a broad-based sell-off led by interest rate sensitive sectors, including listed property and information technology. At noo...

29 Jun 2022 - A snapshot of the stocks on the move featuring Liontown Resources (ASX:LTR), Weebit Nano (ASX:WBT) & Winchester Energy (ASX:WEL).

The Tempest, a tale of love, revenge and family set at sea, is thought to be the last play that William Shakespeare wrote alone. One area it doesn’t touch on in detail is staggering riches; a theme now more relevant to shareholders in Tempe...

Oil prices have been soaring on concerns that the Russia-Ukraine conflict could further reduce already stretched crude supplies, though some commentators have already written off the 3-4 million barrels per day that Russia typically sells i...

The Russia-Ukraine conflict pushed oil prices beyond the US$100/b mark this month, and while they’ve settled somewhat, prices could be set to skyrocket. Added to this, OPEC is sticking to its guns with the consortium ignoring calls to ramp...

Oil and gas producer Winchester Energy (WEL) has flagged improved margins and cash flow as crude oil prices surge The company says it had positive cashflow of US$473,000 (A$641,500) over the December 2021 quarter when oil prices averaged...

The ASX Emerging Companies (XEC) is 1.1% higher on Thursday, while the boring old ASX200 (XJO) is 1.2% higher. Here’s my overnight summary – a brief cessation of hostilities; a momentary lapse of reason; and everyone just chilled for a seco...

And it’s back-to-back gains for the ASX 200 after commodity prices and buying more stuff in December led to a smart 3.4% gain in quarterly GDP. Heading into the close, US futures are on the up. Iron ore is smashing it – up almost 4% to a Ch...

So basically, this is how I read it. Because of two really screwball takeover ideas involving the A2 Milk Co and AGL Energy —  two of the more screwball companies floating about on the benchmark index — the S&P/ASX200 is higher on Monda...

It looks like them energy names are on the rise Wednesday, largely punching above a local market weighed down by weak US leads and possibly boredom. But don’t thank our collective refusal to acknowledge a warming planet. In this case oil pr...

The Santa rally continued today with the ASX closing higher than yesterday by 0.13%, despite trading lower for much of the day. Tech had a solid day gaining 2.6% ,while health and telcos gained 0.78%. Materials and property were the worst s...

The ASX closed the fourth last week before Christmas up for the day, but once again down for the week. The ASX 200 closed 0.22% higher at 7,241 but down 0.52% for the week – the fourth straight week it has finished down. Energy was the top...

Winchester Energy (WEL) acquires a 100 per cent working interest in the Varn oil field in Texas The oil field reportedly comprises proven and probable reserves of 1.07 million barrels of oil equivalent made up of over 93 per cent oil WEL s...

Highlights The ASX 200 shot up 0.31% or 22.4 points to 7,250.2 in early trade. The energy sector was the top gainer, surging 1.22% as crude oil sharply recovered from lower levels. Wall Street recouped losses from previous session's s...

ASX recovered some lost ground in arvo trade but still finished 0.54% down, as markets continue to be shaken by the discovery of the omicron variant of COVID-19 and falling oil prices. Resources and tech managed to finish in the green – by...

Oil and gas prices are rising, a fact that anyone who has been to the pumps in recent weeks will know from their empty wallets. And it is only going to get worse given that changes in international crude prices can take about two weeks to w...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

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$...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Aussie shares rebounded today following rises in the US and Europe overnight, after having fallen for the previous two days. The ASX 200 regained 0.78%, with all 11 sectors in the green except for Industrials and IT. Healthcare and financia...

Oil prices are down after news broke of an OPEC+ agreement to open up the oil taps from August, in a bid to moderate prices that had reached two and a half year highs. Along with concerns about weak gasoline demand in the US, the benchmark...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers during the trading day. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intrad...

Summary The ASX 200 traded lower by 27.30 points or 0.37% at 7,314.90 by afternoon, led by energy and banking stocks. Nine out of 11 sectoral indices were trading in the red, barring tech and materials. CBA expects the Reserve Bank of...

The ASX 200 just closed 0.92 per cent up at 7,380 points  —  a new record high. The ASX Emerging Companies Index however fell 1.66 per cent, closing at 2,180. The best sector on the ASX was health which gained over 2 per cent while consumer...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Uranium optimism is growing with governments around the world including nuclear energy in their plans to slash carbon emissions and the US saying outright that achieving its climate goals would not be possible without nuclear plants. Nuclea...

Crude oil prices have strengthened this week with the benchmark Brent oil now tracking above US$70 per barrel after OPEC and its associates expressed optimism about demand for the fossil fuel. Commonwealth Bank quoted Saudi Arabia energy mi...

The ASX notched up gains today despite one of the biggest IPOs this year dropping on debut. The ASX 200 rose 0.98 per cent to close at 7,115 and every sector was in the green except utilities. The best were consumer discretionaries, health...

The ASX has begun the week in positive territory, albeit only slightly. The ASX 200 closed at 7,046 points, 0.22 per cent higher than Friday. The ASX Emerging Companies Index however retreated 0.35 per cent, closing at 2,114. The best secto...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scr...

Energy is an essential piece of modern life and while energy demand fell in 2020 due to the impact of the COVID-19 pandemic, emerging markets and developing economies are expected to drive a 4.6 per cent increase in demand. In its Global En...

Restart of Winchester Energy’s (ASX: WEL) field work at its East Permian Basin oil acreage in Texas has already generated encouraging results after a workover of Bast #1. Winchester has completed a workover of its 92%-owned Bast #1 well whi...

Winchester Energy (ASX: WEL) is poised to restart exploration and development at its Texan leases including drilling the Bast Deep prospect, followed by more drilling in the Mustang oil field and a workover program of existing wells. The gl...

Power Up is Stockhead’s fortnightly look at all the news and moves driving ASX energy stocks. After a brief foray above the $US65 ($85.60) a barrel mark in March, oil prices have slid back down to hover around the $US60 a barrel level thank...

Texas oil and gas operator Winchester Energy (ASX: WEL) reports that a reserves and resources audit places its total proved, probable and possible (3P) reserves at 495,800 barrels of oil equivalent (mboe). That is broken down to 383,900 bar...

Texas producer Winchester Energy (ASX: WEL) netted $503,876 in the December quarter, a result assisted by recovering global oil prices. Its average sale price per barrel was US$37.81. Oil prices have continued to improve since the end of th...

Winchester Energy (ASX: WEL) will begin work this week on what it has described as a potentially “transformational” test of the Bonus Sands unit within its White Hat 3801 oil well in Texas. The program will test previously unmapped sands in...

Winchester Energy (ASX: WEL) is planning a “transformational” test of what it calls bonus sands within its White Hat oil well in Texas. The Three fingers shale at White Hat 3810 well contains a series of thin sandstones and sand laminations...

US oil producers have been rapidly bringing wells back online since June but with drilling rig counts still at multi-decade lows, exploration has not come back in the same way. Energy consultancy Rystad Energy says the pace of reactivation...

A quick wrap of the ASX’s key winners and losers on Friday, August 14. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today 902 stocks rose, 501 declined and 6...

Winchester Energy (ASX: WEL) will re-enter an existing oil well, White Hat 2004, by the end of the week and complete it for production. The company is also moving to take advantage of an improving gas market by connecting four existing oil...

Concerns that oil prices had climbed too strongly in past weeks have been validated after the West Texas Intermediate crashed by nearly 10 per cent. The drop came on the back of reports by the US Energy Information Administration (EIA) that...

The current COVID-19 crisis and a recent collapse in oil prices has seen Australian onshore exploration and production company Winchester Energy (ASX: WEL) make moves to increase efficiencies and preserve revenue at its 71 square kilometre...

A quick wrap of the key winners and losers on Monday, May 25. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Code Company Price % Change Volume...

US-focused oil and gas player Winchester Energy (ASX: WEL) has announced a significant upgrade to its East Permian Basin oil reserves and resources following a recent independent estimate. The onshore explorer and producer today revealed it...

Winchester Energy (ASX: WEL) has significantly expanded its Texas production base in just over 12 months as well as adding two new production horizons. The company is now poised to benefit from improvements in oil prices based on a large le...