Articles On Strike Energy (ASX:STX)

Strike Energy (STX) will begin selling WA-made gas to Santos in early October Santos and its partner Talon first began producing gas from Walyering on Monday The partnership will port gas into the Parmelia Gas Pipeline which hugs th...

After the US rebounded from the last 4 sessions of losses, the ASX200 is expected to open down .1 per cent. The three major US indexes finally made some gains, the NASDAQ lifted .45 per cent, the S&P 500 .4 of a per cent and the Dow...

Gas consumers across WA will be breathing a sigh of relief with Santos set to boost its inventories on the back of a major supply agreement.

World Overnight SPI Overnight 7013.00 – 97.00 – 1.36% S&P ASX 200 7065.20 – 98.10 – 1.37% S&P500 4330.00 – 72.20 – 1.64% Nasdaq Comp 13223.99 – 245.14 – 1.82% DJIA 34070.42 – 370.46 – 1.08% S&P500 VIX 17.54 + 2.40...

ASX lost ground, dragged down by mining and energy shares Transurban CEO moved to become Sydney Airport CEO China’s central bank leaves rates unchanged   Local shares retreated on Wednesday in line with losses on Wall Street overnight. At...

Tech, Mining stocks dragged the ASX lower today Vitol divested 16pc of its stake in Viva Energy Traders to focus on US CPI data tonight   The ASX was dragged lower by tech stocks today following the selloff on Nasdaq overnight. At the clo...

The ASX is poised to open lower after a tech selloff in New York Apple dropped 2pc after unveiling its iPhone 15 BofA says fundies have moved to long US, short China   Australian shares are set to open lower on Wednesday after a tech sell...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of eight major Australian and international stockbrokers: Citi, Bell Potter, Macquari...

TMK signs exploration agreement with Terra Energy The two companies will cooperate on drilling and a seismic acquisition program at the Gurvantes XXXV CSG project area Exploration program includes a minimum of four fully cored exploration...

The Australian dollar rebounded from a nine-month low on Monday, climbing to US64.27¢. This rise followed a week of flat performance, breaking a streak of five consecutive weeks of losses. The currency had previously hit its low point of US...

In July, there was a 0.5 percent increase in Australian retail sales, surpassing the anticipated 0.3 percent rise and recovering from an unexpected decline the previous month. This growth in July contrasts with a 0.8 percent decrease in Jun...

  Tamboran Resources (ASX:TBN) has signed two non-binding Letters of Intent with Alinta Energy and ENGIE. Managing Director and CEO, Joel Riddle, said: “We continue to experience significant interest in purchasing low-reservoir CO2 gas from...

Local shares rallied on Wednesday Results from Wisetech, Domino’s and Woolworths were highlights Global funds ditched Chinese stocks, says Bloomberg   The ASX rallied around half a percentage point on Wednesday, boosted by earnings result...

ASX down around 1.5pc on China’s troubles All sectors were down, led by Tech and Mining The AUD is at lowest level in nine months on commodity demand concerns   The ASX 200 sank nearly 1.5% today as soft earnings by real estate majors com...

Strike’s takeover bid for Talon could spark more deals High demand for gas in WA makes high quality Perth Basin gas assets more attractive Perth Basin highly attractive place to deploy capital for oil and gas exploration The Perth Basin h...

The ASX200 closed the day 0.86 per cent lower with almost all sectors in the red except communications, IT and energy. Helping boost the energy sector gains was Woodside Energy, up more than a per cent while Job hunting platform Seek gai...

At the closing bell, the S&P/ASX 200 was 0.86 per cent lower at 7,277. The main reason for this decline was renewed worries regarding the state of China's economy, which negatively impacted mining stocks. Specifically, iron ore futures...

Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped your notice today.  It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage terms...

The ASX is down almost 1pc today China’s concerns are weighing on markets Aussies still confident stock portfolio will go up in 1 year   The ASX 200 dropped by -0.85% today as concerns about the Chinese economy weighed on markets. Today’s...

The ASX200 dipped more than expected in early trade, close to a per cent, let down by nearly all the sectors. Only communication and energy held up in the green. There was a new listing on the ASX today, and those who invested with L...

Strike Energy will buy its Walyering project partner Talon Energy in a deal valued at more than $140 million.

The Australian dollar's value fell by 0.3% to US64.75¢, marking a two-month low. This decline follows a more than 1% decrease during the previous week, which was the fourth consecutive week of decline. If the Australian dollar goes below US...

  Talon Energy (ASX:TPD) announced that they will be acquired by Strike Energy (ASX:STX) for A$0.212 per Talon share. Shares are trading 12.86 per cent higher at 19.75 cents. MetalsGrove Mining (ASX:MGA) has confirmed high-grade Rare Earth...

Strike Energy (STX) is moving to acquire Talon Energy (TPD) Both parties already partner in the Perth Basin at Walyering Talon has a stake in a Mongolian gas project and it wants to de-merge the company as a ‘Mongolian Spin-Out’...

It is understood Talon shareholders are expected to receive an implied offer price of $0.21.

Futures suggest the ASX will open in the red this morning, ahead of fresh ABS wage data, which will be released tomorrow, and July’s jobs report to follow on Thursday. Nonetheless, here are some ASX-listed companies with news out today:...

Local shares dropped on Friday, but up slightly for the week Energy stocks weighed after a 2pc drop in crude prices Microsoft to become a subject of US government investigation over breach   The ASX 200 dropped by -0.25% on Friday, and fo...

The ASX gained 0.1% on Thursday ahead of US CPI data tonight Coal stocks gained, while most Asian markets finished lower Fashion retailer Cettire up by more than 20pc on strong FY23 results   Local shares climbed modestly by 0.1% on Thurs...

Local shares declined by more than 1pc on Wednesday AGL hit by broker downgrade Baby boomers love blue chips, while Millennials and Gen Z prefer lithium – report   The ASX 200 index dropped by 1.29% on Wednesday as Real Estate, Utilities,...

At the closing bell, the S&P/ASX 200 was 0.54 per cent higher at 7,450.70 after the Reserve Bank’s left the cash rate on hold. Futures The Dow Jones futures are pointing to a fall of 11 points. The S&P 500 futures are pointing to a...

The two say they again couldn’t reach a $120 million-plus deal over a Strike takeover of Talon.

The S&P/ASX 200 Index (ASX: XJO) is having a solid session. In afternoon trade, the benchmark index is up 0.4% to 7,440.9 points. Four ASX shares that have failed to follow the market higher today are listed below. Here’s why they...

According to a recent ANZ-Roy Morgan survey, consumer confidence experienced a notable boost of 3.2 percentage points last week, reaching its highest level since late April. ANZ senior economist Adelaide Timbrell pointed out that this incre...

  Patriot Battery Metals (TSX.V:PMET, ASX:PMT, OTCQX:PMETF, FSE:R9GA) has entered into a subscription agreement with respect to a private placement of approximately C$109 million in Patriot by Albemarle Corporation. In response, Blair Way,...

The ASX couldn’t make up its mind, a bit like economists looking ahead to the RBA decision tomorrow. Health Care and Industrials Stocks had a day to savour, while Staples and IT largely did not. Some standout small caps: TALi Digital, Ecof...

Highlights Geothermal Exploration Permit has been granted to VRX Silica, covering eight blocks at Dandaragan. Geothermal technology has the potential to deliver renewable power for the company’s Mid-West silica sand projects. The deve...

VRX Silica (ASX:VRX) has been granted a Geothermal Exploration Permit (GEP) by the WA Department of Mines, Industry Regulation and Safety (DMIRS) encompassing 8 blocks at Dandaragan in Western Australia.  The $100.87 million market capitali...

Just days ago, the companies tangled over a $100 million-plus takeover offer lobbed by Strike for Talon.

The ASX 200 had another fine day, ending with a 0.73% gain overall Sectors wise, Tech and Real Estate were the winners, while Materials dipped as a whole, partly due to Rio and Fortescue  Standout small-cap performers: R3D, PAC, and the ju...

Production testing at Talon’s Gurvantes XXXV coal seam gas project in Mongolia’s South Gobi Basin has been underway for barely a week and gas has already flowed to surface in the first pilot well. While it is still too early in the producti...

ASX climbed 0.4% on Tuesday ahead of the Fed’s rates decision Miners lifted, offset by broad brushed losses in other sectors ASIC will take Vanguard to court over greenwashing   Local shares jumped by almost 0.5% on Tuesday as broad-based...

Talon Energy (TPD) releases information pertaining to its recent unsolicited proposal received from Strike Energy (STX), noting that STX has withdrawn its proposal to acquire Talon’s Mongolian assets The proposal involves the demerging o...

It is understood nearly 30 per cent of Talon Energy’s shareholder register sat down with its boss Colby Hauser on Monday to force the board to engage with Strike Energy’s bid, after it was revealed by Street Talk.

Having failed to win over Warrego Energy, the ambitious gas player wants to absorb another partner in the Perth Basin.

The ASX fell modestly on Friday, and was flattish for the week Tech weighed heavily, down by almost 3pc Energy stocks meanwhile finished mostly higher   Local shares slipped -0.2% on Friday as the ASX 200 finished flattish for the week. T...

Shares closed flattish as Aussie jobless rate falls to 3.5% Earnings season heats up as a handful of miners give updates China keeps cash rate unchanged, dashing market hopes   Local shares closed flat on Thursday as traders assessed the...

The ASX surged by over 1.65% as risk sentiment rises after weak US CPI All 11 ASX sectors finished in the green, led by Mining, Discretionary and Real Estate All eyes are now on the US earnings season which will kick off tonight   Local s...

Strike Energy has had to delay operations onsite at its onshore WA Perth Basin Walyering project The company reported bad weather and materials shortages as causing delays Project partner Talon Energy holds a minority 45 per cent in...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of eight major Australian and international stockbrokers: Citi, Bell Potter, Macquari...

An additional news report on the recommendation, valuation, forecast and opinion changes and updates for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now...