Articles On Strike Energy (ASX:STX)

With gas production imminent and plenty of exploration upside, Talon Energy has been ranked by broker Euroz as a speculative buy with a price target of $0.36, double its current $0.18 price. Production from the Walyering gas field in the Pe...

ASX lifts to end four-day losing streak with S&P 200 up 0.65% China hits back at West ‘de-risking’ as ‘false proposition Medibank shares fall after $250 million capital requirement   Australian shares have shaken a four-day losing str...

Lithium Energy (LEL) taps investors for $6.4 million to develop its lithium and graphite projects in Argentina and Queensland The oversubscribed capital raise will see eight million new shares issued to new and existing investors at 80 c...

Even though ASX energy shares had a great 2022, courtesy of Vladimir Putin’s invasion of Ukraine, they’re set to continue their boom run in 2023 and 2024. That’s because the energy crisis still persists. There is black hole in supply due t...

ASX has finished 0.5% ahead, despite Wall Street’s flabby performance on Friday. Health Care has taken a positive 1.8% step towards fixing last week’s -6.1% disaster. Gold 50 has topped the charts after hitting stellar intercepts at its Ar...

The ASX lifted half a percentage point, taking its year-to-date gain to 5% Banks and tech stocks advanced Lake Resources sank 20% after providing an update on Kachi   Financial and tech stocks lifted the ASX higher by about half a percent...

With cashflow expected to start in a month’s time, Talon Energy is uniquely differentiated from countless other explorers in being able carry out further drilling without tapping the market. Indeed, the company’s cornerstone asset – its 45%...

Lithium stocks gained, while gold stocks fell The Fed will announce its rates decision tonight CSL dropped 7pc after downgrading profit forecast   Mining stocks outperformed all other sectors today as the ASX trundled to a +0.3% close. Li...

The ASX climbed 0.3% on Friday, down -0.3% for the week Aussie banks have passed on the 25bp RBA rate increase to customers Aussie super funds losing money in May   Mining and Tech stocks pushed the ASX higher by +0.3% on Friday. For the...

Strike Energy (STX) receives backing from the WA Government for its Gas Acceleration Strategy The funding will go toward the timely development of STX’s Walyering, Ocean Hill and its South and West Erregulla gas fields, located in the Pe...

Strike Energy could bring online four domestic gas projects within the next 18 months after the company picked up critical backing from a key State Government department.

The ASX finished flattish on Wednesday Traders were left unimpressed with the sluggish GDP figure Cathie Wood has increased her stake in Coinbase   The ASX closed flattish on Wednesday, with gains in Discretionary offset by losses in the...

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...

“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at [email protected] with your stock request. Limit of one per person, no guarantee o...

Local shares finished lower, weighed by uncertainties over the US debt ceiling Energy and gold shares lifted, while mining stocks fell RBNZ made a surprise announcement   The ASX 200 was down -0.7% on Tuesday, weighed down by Mining and H...

Local shares inched lower in the afternoon to a flattish close Wesfarmers’s plan to acquire Laser Silk thwarted by little-known company China’s purchase of Australian coal surged in April   The ASX 200 closed flattish on Tuesday with Tech...

The ASX fell modestly on Monday amid concerns around the debt ceiling crisis New regulations for the BNPL sector China bans US chip giant Micron Technology   The ASX 200 fell -0.15% today as losses in Financials, Real Estate and Discretio...

The market made some gains after midday trade, but fell short of a green finish. The ASX 200 closed down 0.22 per cent for the first day of the trading week at 7,263.3 points. In the green Information Technology finished at the top...

The ASX snapped a two-day losing streak Xero jumped 8pc despite deepening its loss, Nufarm surged 14pc on higher profit Aussie jobless rate rose to 3.7pc   Mining and tech stocks lifted local shares today, as the ASX index closed +0.4% hi...

Local shares finished -0.4% lower on Tuesday James Hardie and Life360 were two of the best large cap performers The RBA said further rate hikes may be required   The ASX 200 index finished -0.3% lower on Tuesday, dragged down mainly by lo...

Companies with exposure to Artificial Intelligence (AI), quantum technology, green energy, childcare and aged care are set to be bolstered by the delivery of Australia’s Federal Budget last evening. But companies focussed on offshore gas...

Tourism Holdings Ltd (ASX: THL) could be one of the biggest bargain ASX shares right now. That’s the view of analysts at Morgans, which have declared that the “sell-off is overdone” following a heavy decline on Tuesday. In case youâ€...

The ASX closed lower on Tuesday, dragged down by the real estate sector Treasurer Jim Chalmers is set to deliver the Fed Budget tonight Biden and McCarthy to discuss the all-important US debt ceiling   The ASX finished 0.2% lower today ah...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to end the day with a small decline. At the time of writing, the benchmark index is down 0.2% to 7,262.3 points. Four ASX shares that are falling more than most today...

This Tuesday has not been a pleasant one for the All Ordinaries Index (ASX: XAO) and most ASX All Ords shares. At the time of writing, the All Ords is down by 0.24% at just over 7,450 points. But not all All Ords shares are copping punishm...

A little-known ASX mining stock is setting the bar high today. Very high. The All Ordinaries Index (ASX: XAO) is down 0.29% in afternoon trade, following on weakness in US markets on Friday. But this junior mining share is up a whopping 1...

By Mark Woodruff Guide: The FNArena database tabulates the views of eight major Australian and international stockbrokers: Citi, Bell Potter, Macquarie, Morgan Stanley, Morgans, Ord Minnett, Shaw and Partners and UBS. For the purpose of bro...

The ASX 200 index closed 0.3% on Friday, but was down 1% for the week ANZ and Macquarie’s earnings lifted financials Property stocks also lifted higher today   Local shares finished higher by 0.3% on Friday despite opening lower this morn...

The ASX tumbled over 1% today, in line with moves on Wall Street overnight Energy stocks tumble after crude prices plunge over 5pc last night The US Fed will make its rate decision later tonight   The ASX 200 tumbled by 1.3% on Wednesday,...

The ASX jumped half a percent, tracking moves in New York on Friday Three major decisions by central banks this week Judo Capital upgrades its net interest margin guidance for H2    The ASX 200 index rose to by 0.5% on Tuesday as it track...

By Mark Woodruff Guide: The FNArena database tabulates the views of eight major Australian and international stockbrokers: Citi, Bell Potter, Macquarie, Morgan Stanley, Morgans, Ord Minnett, Shaw and Partners and UBS. For the purpose of bro...

Local shares slumped on Friday after earnings report from giant miners Nomura and Bank of America upgraded China’s growth Cathie Wood sees Tesla at US$2k in 2027   Local shares slumped -0.3% on Friday, taking its weekly loss to around -0....

The ASX 200 index finished flat on Thursday Miners lifted on earnings while banks lagged The RBA is under fire after a review report was released by Treasurer Chalmers   Aussie shares finished flat again on Thursday as earnings updates ro...

Strike Energy (STX) completes initial engineering work with Technip Energies for a modular and expandable gas plant in Western Australia The development of the South Erregulla gas plant will be rolled out in three phases in line with the...

Local shares closed flat on Wednesday Gold and lithium stocks climbed The Star Entertainment Group lost 7% after saying a strategic review will be conducted for its Sydney casino   The ASX has ended the day flat, with gains in Mining stoc...

The ASX slumped by 0.4% today as the RBA released its April minutes Core Lithium jumped 8pc after increasing its MRE BlackRock ditched its 60/40 strategy   Local shares fell 0.4% on Tuesday after the RBA minutes revealed the central bank...

Local shares lifted over 1 per cent today as all 11 sectors rose Newcrest Mining and Treasury Wines led their respective sectors Bitcoin surged past US$30k, first time since June 2022   The ASX 200 advanced 1.2% today, with all 11 sectors...

The ASX slipped around 0.3% on Thursday RBA said borrowers could be facing a ‘mortgage cliff” in the next two months Tech stocks and Real Estate sectors sold off today   Aussie shares slipped around 0.3% on the last trading session before...

The Australian stock market has enjoyed its best day since mid-January as fears over banking contagion ease. The ASX saw a slight raise, gaining just under one per cent to 7015.6.   International indexes followed suit, with the Asia D...

Heavy volumes suggest someone could be building a position in the Perth Basin wannabe gas producer.

Oil, gas and power exploration companies Talon Energy [ASX:TPD] and Strike Energy [ASX:STX] announced they’ve officially received multiple key regulatory approvals for their joint venture Walyering gas project. The companies expect construc...

Gas remains key to Australia’s energy mix Two ASX listed juniors  pushing to develop new supplies include Strike Energy and State Gas   Gas remains key to Australia’s energy mix with the Federal Government continuing to stand firm on the...

Gas remains key to Australia’s energy mix Two ASX listed juniors  pushing to develop new supplies include Strike Energy and State Gas   Gas remains key to Australia’s energy mix with the Federal Government continuing to stand firm on the...

Strike Energy (STX) and Talon Energy’s (TPD) environmental plan for the Walyering gas field has been approved The approval enables Strike, the operator of the JV, to begin construction at the site in the Perth Basin of Western Australia,...

Small-cap ASX shares were devastated last year, so a contrarian might argue that now is a great time to buy some in anticipation of a 2023 comeback. But with information more scarce on these businesses and earnings volatile compared to th...

Gina Rinehart’s Hancock is almost done with picking Warrego Energy off the ASX boards and investors have moved on to weighing M&A prospects of Strike Energy.

Junior oil and gas explorer Talon Energy (TPD) successfully taps investors for $14 million to advance exploration and development work across its WA assets The company plans to raise $12 million through a private share placement and $2 m...

WA gas play the Talon Energy launched a $12 million placement on Thursday morning to fund its share of the development costs of the Walyering gas project which it owns with Strike Energy.

Strike Energy (STX) launches a “gas acceleration strategy” across its Western Australia-based projects With $136 million in hand from the sale of its Warrego Energy (WGO) shares, Strike is targeting four sources of gas production to come...

The ASX is set to follow Wall Street lower at the open on Thursday US manufacturing data suggests more Fed rate hikes could be on the table Elon Musk to unveil Tesla ‘Master Plan 3’   The ASX is poised to open lower on Thursday in line wi...