The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksChallenger Energy Share News (CEG)

Share Price Information for Challenger Energy (CEG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.1525
Bid: 0.15
Ask: 0.155
Change: -0.0005 (-0.33%)
Spread: 0.005 (3.333%)
Open: 0.1475
High: 0.1525
Low: 0.1475
Prev. Close: 0.153
CEG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: Challenger Energy drops on Trinidad well woes

Wed, 25th Aug 2021 11:27

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

----------

AIM - WINNERS

----------

Sopheon PLC, up 11% at 975.00 pence, 12-month range 760.00p-1,000.00p. The enterprise software provider posts a slight first-half profit hike, with revenue visibility for the rest of 2021 topping last year's levels. In the six months to June 30, revenue rose 19% annually to USD16.5 million from USD13.9 million. Pretax profit rose 8.1% to USD518,000 from USD479,000. Revenue visibility for 2021 stands at USD31.2 million, up 22% from USD25.5 million at the same time a year earlier. Revenue visibility includes deals which are contracted and recurring pacts.

----------

ASOS, up 0.7% at 4,054.00p, 12-month range 3,652.00p-5,994.95p. Boohoo Group PLC, up 1.7% at 284.40p, 12-month range 215.00p-402.30p. Deutsche Bank starts coverage on the online fashion retailers with Buy ratings. ASOS and boohoo are among the largest companies on AIM with market capitalisations of GBP4.01 billion and GBP3.59 billion respectively.

----------

AIM - LOSERS

----------

Challenger Energy Group PLC, down 22% at 1.35p, 12-month range 1.30p-37.00p. The oil and gas company says its Saffron-2 well in Trinidad has been successfully drilled and that work is underway to improve production levels at the site. Despite the drill completion, Challenger "failed to achieve sustained production" from zones due to technical and mechanical issues encountered during tests, Chief Executive Eytan Uliel explained.

----------

Empire Metals Ltd, down 13% at 1.75p, 12-month range 1.60p-5.73p. The resource exploration and development firm says its Eclipse gold project in Western Australia will require further drilling after test results showed that gold mineralisation occurred at greater depths, scuppering plans for an open-pit mine. Empire will now expand its exploration efforts and focus on the wider potential of the combination of the Eclipse lode with other's, like the Twin Shaft lode, with the objective of delivering a larger mineralised inventory to advance towards feasibility stage.

----------

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
18 Apr 2024 14:35

Challenger Energy secures Uruguay project funding, shares rise

(Alliance News) - Challenger Energy Group PLC on Thursday said it has entered into a binding agreement that will see Charlestown Energy Partners LLC become one of the largest shareholders.

Read more
11 Mar 2024 13:26

Challenger Energy signs new Uruguay licence

(Sharecast News) - Challenger Energy announced the signing of the AREA OFF-3 licence on Monday, marking a significant milestone for the Caribbean and Americas-focussed energy company.

Read more
11 Mar 2024 11:38

Challenger Energy inks Area Off-3 licence in offshore Uruguay

(Alliance News) - Challenger Energy Group PLC on Monday said that it has formally signed its Area Off-3 licence, located offshore Uruguay.

Read more
6 Mar 2024 13:05

EARNINGS AND TRADING: Challenger signs farm-out; Ricardo revenue up

(Alliance News) - The following is a round-up of earnings and trading updates of London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
6 Mar 2024 09:25

AIM WINNERS & LOSERS: Challenger Energy up on Chevron farm-out deal

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

Read more
6 Mar 2024 08:56

LONDON MARKET OPEN: Stocks up with all eyes on UK Spring budget

(Alliance News) - Stock prices in London opened higher on Wednesday, as investors shook off nerves ahead of the UK Spring budget.

Read more
14 Dec 2023 18:18

EARNINGS AND TRADING: Cornish Metals narrows nine-month loss

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
14 Dec 2023 12:47

Challenger Energy makes progress in Uruguay

(Sharecast News) - Caribbean and Americas-focussed Challenger Energy updated the market on its Uruguayan assets on Thursday, having submitted geotechnical reports for AREA OFF-1 to ANCAP, the Uruguayan regulator, fulfilling its minimum work program obligation on 11 December.

Read more
14 Dec 2023 10:37

AIM WINNERS & LOSERS: musicMagpie jumps on "record" Black Friday

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

Read more
10 Nov 2023 13:15

IN BRIEF: Challenger Energy debt-free after fully repaying bridge loan

Challenger Energy Group PLC - Caribbean and America-focused oil and gas company - Says it is debt-free after fully repaying its short-term GBP346,500 bridge loan in late October, which went towards redeeming in full the drawn and unconverted balance of a convertible loan note funding facility. Says part of the proceeds of the USD3 million sale of Cory Moruga licence onshore Trinidad, announced on Tuesday, were used to repay loan.

Read more
10 Nov 2023 09:50

Challenger Energy now debt-free after bridge loan repayment

(Sharecast News) - Caribbean and Americas-focussed oil and gas company Challenger Energy announced on Friday that it has retired its short-term bridge loan, under the terms it outlined on 27 October.

Read more
7 Nov 2023 18:11

TRADING UPDATES: Actual Experience appoints administrators

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
30 Oct 2023 15:56

TRADING UPDATES: Bezant optimistic after Hope & Gorob estimate

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

Read more
27 Oct 2023 11:59

Challenger Energy updates its financing arrangements

(Sharecast News) - Challenger Energy Group updated the market on its financing arrangements on Friday, as it secured a short-term bridge loan of £0.35m to promptly redeem the entire drawn and unconverted balance of its previously disclosed convertible loan note funding facility.

Read more
29 Sep 2023 21:54

EARNINGS: Bens Creek sees "difficult" year; Challenger swings to loss

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Friday and not separately reported by Alliance News:

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.