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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: 0.1425
Bid: 0.14
Ask: 0.145
Change: -0.003 (-2.06%)
Spread: 0.005 (3.571%)
Open: 0.1475
High: 0.15
Low: 0.1425
Prev. Close: 0.1455
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EARNINGS UPDATES: Harland & Wolff interim revenue climbs

Fri, 30th Sep 2022 17:32

(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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Harland & Wolff Group Holdings PLC - London-based offshore construction company - Revenue in first six months of the year climbs to GBP15.4 million from GBP4.1 million last year. Pretax loss widens to GBP17.6 million from GBP9.3 million last year. Says it will not declare an interim dividend. Continues to maintain full-year revenue guidance of between GBP65 million and GBP75 million by the end of financial year 2022. Says it is seeing a "significant" increase in revenue from key projects that were contracted at the beginning of third quarter, as well as the fourth quarter being the "peak" cruise and ferry repair season. "After a slow start this year, we have now gained significant momentum with the rapid execution of three major contracts. As we announce these interim results, we have a backlog of over GBP100 million, a record level for the company, affording us strong future visibility of revenue.," says Chief Executive John Wood.

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Challenger Energy Group PLC - Caribbean and Atlantic-margin focused oil and gas company - Says net petroleum revenue in first half of 2022 was up to USD2.7m compared to USD2.3 million in the same period in 2021. Swings to pretax profit USD4.3 million, compared to a loss of USD11.8 million last year. Finance costs fall to USD275,000 from USD5.5 million year-on-year.

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IDE Group Holdings PLC - Edinburgh-based network, cloud and IT managed services - Posts revenue for first six months of 2022 of GBP6.7 million compared to GBP7.6 million last year. Pretax loss widens to GBP1.2 million from GBP120,000 in 2021. Says it is pleased with trading as it builds towards a profitable cash year. Expects full-year financial year 2022 results to be in line with financial year 2021 results, on a like for like basis. "The first six months of the year has been a period of laying the foundations for future growth, following the disposal of the Connect division. The group has taken advantage of this period to continue to restructure the operational side of the business and focus on expanding our network of partners," says Non-Executive Chair Andy Parker.

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Mirada PLC - Surrey, England-based broadcasting technology firm - Revenue in financial year to March 31 falls to USD11.0 million, from USD11.1 million last year. Pretax loss narrows to USD2.9 million from USD3.2 million. Financial year 2022 staff costs narrow to USD6.5 million from USD7.1 million, whilst total admin expenses narrow to USD13.0 million from USD13.4 million. Says outlook remains unchanged and that the new financial year will be "one of significant commercial progress". Adds that it has a "record" sales pipeline. "We have invested heavily and developed several strategic initiatives ahead of the curve that position us at the centre of emerging TV and video service trends. Assuming the worst of the pandemic is now behind us, I am confident Mirada is equipped to return to its pre-Covid trajectory and grow in a meaningful and sustainable way," Chief Executive Jose-Luis Vazquez adds.

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By Sophie Rose; sophierose@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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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:

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30 Aug 2023 12:18

Predator Oil & Gas "active on three fronts" as updates on operations

(Alliance News) - Predator Oil & Gas Holdings PLC on Wednesday provided an update to its recent operations, including a rigless testing programme in Morocco, and the sale of the Cory Moruga asset in Trinidad.

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30 Aug 2023 11:28

Challenger Energy establishes £3.3m funding facilitiy

(Sharecast News) - Challenger Energy announced a series of strategic initiatives on Wednesday, most notably the establishment of a £3.3m convertible loan note funding facility.

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30 Aug 2023 10:33

Challenger Energy gets GBP3.3 million facility, updates on asset sale

(Alliance News) - Challenger Energy Group PLC on Wednesday said it secured a GBP3.3 million funding facility, initially drawing down GBP550,000.

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30 Aug 2023 09:54

AIM WINNERS & LOSERS: Instem soars on GBP200 million takeover

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

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3 Jul 2023 17:31

TRADING UPDATES: Mycelx wins deal; 88 Energy buys in Texas

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

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29 Jun 2023 15:40

TRADING UPDATES: R&Q premiums rise as presses on with separation

(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 Jun 2023 10:02

Challenger Energy shares up on licence discussions over Guayaguayare

(Alliance News) - Challenger Energy Group PLC shares were up on Wednesday, after it said talks are set to start with the Trinidad energy ministry over an exploration licence for the Guayaguayare block.

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5 Jun 2023 11:05

Challenger Energy expects Area Off-3 licence offshore Uruguay

(Alliance News) - Challenger Energy Group PLC on Monday said it bid for the Area Off-3 licence offshore Uruguay, which it expects to receive in three to four weeks.

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1 Jun 2023 15:35

Challenger reports slow progress on Cory Moruga sale

(Sharecast News) - Caribbean and Americas-focussed oil and gas company Challenger Energy updated the market on the sale of the Cory Moruga licence, onshore Trinidad, on Thursday.

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1 Jun 2023 13:37

IN BRIEF: Challenger extends date for sale of Cory Moruga to Predator

Challenger Energy Group PLC - Caribbean and America-focused oil and gas company - Reaches mutual agreement with Predator Oil & Gas Ltd to extend the date for the sale of the Cory Moruga, in Trinidad,

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31 May 2023 17:37

IN BRIEF: Challenger Energy aims to complete farm-out deal in Uruguay

Challenger Energy Group PLC - Caribbean and America-focused oil and gas company - Updates in relation to the AREA OFF-1 block, offshore Uruguay. Says volumetric assessment of AREA OFF-1's three primary prospects - Teru Teru, Anapero, and Lenteja - has been completed with an assessed estimated recoverable resource of around 2.0 billion barrels (Pmean, unrisked), and over 4.9 billion barrels in an upside case (P10, unrisked). Ongoing technical work has also identified additional new leads and prospects, which once evaluation is complete, are expected to add to the overall AREA OFF-1 resource and prospect inventory. Eytan Uliel, Chief Executive Officer says: "A farm-out process has now commenced, with very strong initial indications of interest received from multiple major oil companies." Continues: "Our target is to complete a farm-out transaction by year end, so that we can continue to rapidly progress work on the block, and thereby generate value for shareholders."

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31 May 2023 13:54

Challenger Energy launches farm-out over Uruguay block

(Sharecast News) - Caribbean and Americas oil and gas company Challenger Energy updated the market on its activities around the AREA OFF-1 block, offshore Uruguay on Wednesday, as it kicked off a farm-out process.

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26 Apr 2023 13:04

Challenger rises on offshore Uruguay technicial report

(Sharecast News) - Caribbean and Americas-focussed oil and gas company Challenger Energy released its technical assessment report on the AREA OFF-1 block, offshore Uruguay on Wednesday.

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26 Apr 2023 12:20

Challenger Energy identifies high-potential prospects in Uruguay

(Alliance News) - Challenger Energy Group PLC on Wednesday said its 2D seismic survey has identified an initial prospect inventory of between 1 and 2 billion barrels of oil for its AREA OFF-1 block, offshore Uruguay.

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