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Pin to quick picksChallenger Energy Share News (CEG)

Share Price Information for Challenger Energy (CEG)

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Share Price: 0.1475
Bid: 0.145
Ask: 0.15
Change: 0.0025 (1.69%)
Spread: 0.005 (3.448%)
Open: 0.15
High: 0.15
Low: 0.1475
Prev. Close: 0.1475
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AIM WINNERS & LOSERS: musicMagpie jumps on "record" Black Friday

Thu, 14th Dec 2023 10:37

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

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AIM - WINNERS

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musicMagpie PLC, up 23% at 14.12 pence, 12-month range 10.50p-46.00p. The used-technology reseller says that full-year revenue is expected to be GBP136.6 million in the financial year ended November 30, down from GBP143.3 million. It says that a "record" Black Friday has helped to off-set a softer first half. As a result of the gross margin increase and ongoing tight cost control, as well as the strong end to the year, earnings before interest, tax, depreciation and amortisation is expected to be up 15% at GBP7.5 million from GBP6.5 million. Chief Executive Officer & Co-Founder Steve Oliver says: "We are pleased with the performance of the Group in the second half of the year, and are delighted that our focus on profits and cash has delivered significant Ebitda growth."

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Challenger Energy Group PLC, up 8.3% at 0.13p, 12-month range 0.035p-0.14p. The oil and gas company says it has completes the Area Off-1's minimum work programme, "well ahead of schedule." "This week has been extremely significant for the emerging Uruguayan offshore exploration sector, and highlights how exciting we think the next few years will be," says CEO Eytan Uliel.

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AIM - LOSERS

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EnSilica PLC, down 19% at 37.50p, 12-month range 37.50p-118.40p. The semiconductor designer and supplier says it has conditionally raised GBP1.6 million through a placing of 3.9 million shares priced at 40p each. EnSilica says that with its potential sales pipeline now estimated at USD360 million, the net proceeds of the placing will be used to support the tender and execution of new and higher levels of activity. CEO Ian Lankshear says: "We are delighted that our shareholders have continued to support our growth ambitions as we seek to capitalise on a number of exciting opportunities. We are particularly pleased to be investing in expanding our operational footprint internationally and to further leverage our standing as a leading European mixed signal semiconductor manufacturer."

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By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
8 Mar 2023 11:51

Challenger Energy reports progress in sale of Cory Moruga

(Sharecast News) - Challenger Energy updated the market on the sale of the Cory Moruga licence on Wednesday, announcing the completion of all confirmatory due diligence by Predator Oil & Gas and its subsidiaries.

Read more
16 Feb 2023 21:35

TRADING UPDATES: Heavitree profit soars; Riverstone net assets rise

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

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14 Feb 2023 14:46

Challenger Energy agrees sale of St Lucia subsidiary

(Sharecast News) - Challenger Energy, an oil and gas company focused on the Caribbean and Americas region, announced the sale of its St Lucia-based subsidiary Caribbean Rex on Tuesday for a total value of $1.5m (£1.23m).

Read more
14 Feb 2023 10:26

Challenger Energy sells subsidiary Caribbean Rex for USD1.5 million

(Alliance News) - Challenger Energy Group PLC on Tuesday said it has completed the sale of its subsidiary Caribbean Rex Ltd to a Trinidadian drilling and oil services company for a total of USD1.5 million.

Read more
3 Jan 2023 18:04

Challenger upbeat on read-across from Uruguay licensing round

(Sharecast News) - Caribbean and Americas-focussed oil and gas company Challenger Energy updated the market on recent regional developments on Tuesday, noting that Uruguay's national energy company Ancap announced on 27 December that a further two offshore blocks had been awarded following competitive bids in its second 2022 open round.

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3 Jan 2023 11:07

AIM WINNERS & LOSERS: GENinCode shares soar on US approvals

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

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3 Jan 2023 10:55

Challenger Energy up as global energy firms validate Uruguay project

(Alliance News) - Challenger Energy Group PLC on Tuesday said its decision to enter Uruguay has been validated by the award of two offshore blocks to global energy companies.

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20 Dec 2022 15:36

Challenger Energy agrees to sell Cory Moruga licence

(Sharecast News) - Caribbean and Americas-focussed oil and gas company Challenger Energy has entered into a binding heads of terms with Predator Oil & Gas Holdings, it announced on Tuesday.

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22 Nov 2022 15:48

UK shareholder meetings calendar - next 7 days

Wednesday 23 November 
Crystal Amber Fund LtdAGM
CVS Group PLCAGM
Fidelity Asian Values PLCAGM
Genus PLCAGM
JPMorgan Russian Securities PLCGM re name change
Synergia Energy LtdAGM
Wilmington PLCAGM
Woolworths Holdings LtdAGM
Thursday 24 November 
Brikor LtdAGM
Cloudbreak Discovery PLCAGM
EnSilica PLCAGM
Fiske PLCAGM
MGC Pharmaceuticals LimitedAGM
Pacific Horizon Investment Trust PLCAGM
Pan African Resources PLCAGM
PZ Cussons PLCAGM
Zanaga Iron Ore Co LtdAGM
Friday 25 November 
600 Group PLCGM annual report
Aveva Group PLCGM and Court Meeting re Schenider Electric takeover offer
Base Resources LtdAGM
European Metals Holdings LtdAGM
Neometals LtdAGM
Quadrise Fuels International PLCAGM
ScS Group PLCAGM
Sylvania Platinum LtdAGM
Windar Photonics PLCGM re placing of new ordinary shares
Monday 28 November 
Crown Place VCT PLCAGM
European Smaller Cos Trust PLCAGM
JPMorgan Global Emerging Markets Income Trust PLCAGM
PRS REIT PLCAGM
Psych Capital PLCAGM
Seeing Machines LtdAGM
Tuesday 29 November 
Aura Energy LtdAGM
Bluefield Solar Income Fund LtdAGM
Castillo Copper LtdAGM
Challenger Energy Group PLCAGM
CT Property Trust LtdAGM
Duke Royalty LtdAGM
Esken LtdEGM re borrowings approval
Mosman Oil & Gas LtdAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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5 Oct 2022 21:14

TRADING UPDATES: Block Energy swings to profit; GreenX loss widens

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

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30 Sep 2022 17:32

EARNINGS UPDATES: Harland & Wolff interim revenue climbs

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

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19 Jul 2022 20:01

TRADING UPDATES: Capital backs outlook; Northcoders trades well

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

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19 Jul 2022 16:15

Challenger's Trinidad production rises in second quarter

(Sharecast News) - Caribbean and Atlantic-focussed oil and gas company Challenger Energy updated the market on the second quarter at its Trinidad and Tobago operations on Tuesday, reporting total gross oil production of 34,159 barrels for the period.

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15 Jul 2022 21:26

TRADING UPDATES: Premier Miton assets dip; Challenger Energy CFO quits

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

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27 Jun 2022 20:26

IN BRIEF: Challenger Energy "validated" as Shell, APA enter Uruguay

Challenger Energy Group PLC - Isle of Man-based oil and gas company focused on the Caribbean and the Atlantic-margin - Noting "recent commentary" on the licensing round in Uruguay in relation to its Area Off-1 petroleum license in the country, Challenger says state-owned petroleum company ANCAP has licensed two offshore blocks to Shell PLC, and one deep-water block to APA Corp. One of the blocks licensed to Shell is immediately adjacent to Challenger's Off-1 block. As part of the agreements with ANCAP, Shell commits to acquiring new 3D seismic data, and APA commits to drilling an exploration well.

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