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Pin to quick picksChariot Ltd Share News (CHAR)

Share Price Information for Chariot Ltd (CHAR)

London Stock Exchange
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Share Price: 7.94
Bid: 7.62
Ask: 7.67
Change: 0.54 (7.30%)
Spread: 0.05 (0.656%)
Open: 7.45
High: 7.94
Low: 7.44
Prev. Close: 7.40
CHAR Live PriceLast checked at -

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AIM WINNERS & LOSERS: Xeros warns on profit goal and funding need

Thu, 31st Mar 2022 10:21

(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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Chariot Ltd, up 13% at 15.82 pence, 12-month range 0.050p-16.69p. Net gas pay estimates for the Anchois-2 well in Morocco have been raised to 150 metres from 100 metres previously, following "further interpretation of the well data". The stock hits a 52-week high on Thursday.

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Time Out Group PLC, up 7.2% at 52.00 pence, 12-month range 38.00p-63.60p. The London-based magazine publisher and food markets operator says revenue in the six months to December 31 more than doubles annually to GBP32.0 million from GBP13.3 million. Pretax loss narrows year-on-year to GBP10.5 million from GBP16.7 million. "We are encouraged by the progress made in the period, albeit in the face of the emergence of the Omicron variant. Our digital audience grew as our content remained relevant and engaging, footfall began returning to the markets and global brands advertised with us once again," Chief Executive Chris Ohlund says.

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AIM - LOSERS

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Xeros Technology Group PLC, down 33% at 58.90p, 12-month range 50.30p-288.00p. Shares in the developer of laundry technology that reduces water use hit a 52-week low on Thursday. It now expects to reach month-on-month profit at an earnings before interest, tax, depreciation and amortisation level in 2024, and not the previously targetted first quarter of 2023. "India has come out of its 3rd wave and is operating near normal but China has been experiencing a significant increase in major lockdowns," Xeros says. In addition, it says it is "evaluating several funding options" to support additional investment. The current cash balance of GBP6.2 million is sufficient only to fund the "delivery of major growth milestones through the remainder of 2022 and into the first quarter of 2023".

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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9 Jul 2019 14:55

Chariot Oil Fully Funded For Current Work, Looks To Widen Risk Profile

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18 Jun 2019 12:39

Chariot Oil & Gas Reports Positive Findings From Anchois Field Studies

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18 Jun 2019 09:59

Chariot Oil & Gas seeks to progress with Anchois Gas Field

(Sharecast News) - Atlantic margins-focussed oil and gas company Chariot Oil & Gas updated the market on the Lixus Offshore Licence on Tuesday, with the completion of the development feasibility study for the Anchois Gas Field and the Morocco Gas Market and Anchois Field Monetisation Assessment.

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4 Jun 2019 13:55

Tuesday broker round-up

(Sharecast News) - NewRiver: Berenberg downgrades to hold with a target price of 248p.

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3 Jun 2019 13:59

Chariot Oil & Gas Appoints Independent Oil & Gas CEO To Board

LONDON (Alliance News) - Chariot Oil & Gas Ltd on Monday said it appointed Andrew Hockey as independent non-executive director with immediate effect.Hockey has "over 35 years'

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9 May 2019 14:44

Chariot confirms upgrade to resource at Lixus in Morocco

(Sharecast News) - Atlantic margins-focussed oil and gas company Chariot Oil & Gas announced the completion of the independent competent persons report by Netherland Sewell & Associates (NSAI) over the satellite prospects adjacent to the Anchois-1 gas discovery in the Lixus Offshore Licence, Morocco.

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9 May 2019 13:01

Report Confirms Chariot Oil & Gas Anchois North Satellite As Prospect

LONDON (Alliance News) - Chariot Oil & Gas Ltd on Thursday said a report on satellite prospects at Chariot's Lixus offshore license in Morocco upgraded the remaining recoverable resource a

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10 Apr 2019 13:10

Chariot Oil & Gas Loss Narrows On Expenses But Drilling Disappoints

LONDON (Alliance News) - Chariot Oil & Gas Ltd on Wednesday said its loss narrowed in 2018 due to a substantial reduction in operating expenses but said its 2018 drilling programme was in were

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3 Apr 2019 14:25

Chariot Oil & Gas wins new licence in Morocco

(Sharecast News) - Atlantic margins-focussed oil and gas company Chariot Oil & Gas announced on Wednesday that its wholly-owned subsidiary, Chariot Oil & Gas Holdings Morocco, has been awarded a 75% interest and operatorship of the Lixus Offshore Licence in Morocco, in partnership with the Office National des Hydrocarbures et des Mines (ONHYM), which holds a 25% carried interest.

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3 Apr 2019 10:45

WINNERS & LOSERS SUMMARY: CMC Markets Falls On Profit Warning

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - WINNERS----------Taylor a

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Chariot Oil & Gas Rises On Award Of 75% Of Lixus Offshore Licence

LONDON (Alliance News) - Chariot Oil & Gas Ltd shares spiked Wednesday after the company announced its wholly-owned subsidiary was awarded a 75% interest and operatorship of the Lixus offshore

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11 Dec 2018 14:02

Chariot looking forward after disappointing year

(Sharecast News) - Atlantic margins-focussed oil and gas exploration company Chariot Oil & Gas updated the market on its operations on Tuesday, prior to its 31 December year-end, reporting that over the past 12 months it had continued to invest in its portfolio to capitalise on the current low cost environment.

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11 Dec 2018 11:04

Chariot Oil & Gas Focussed On Moroccan Exploration Well

LONDON (Alliance News) - Chariot Oil & Gas Ltd said Tuesday it was "very disappointing" not to discover any oil at its two deepwater wells, in Morocco and Namibia, but is now on an a

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WINNERS & LOSERS SUMMARY: Keller Sinks On Asia-Pacific Business Woes

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Chariot Oil Loses Wheel After Namibian Well Fails To Find Hydrocarbons

LONDON (Alliance News) - Chariot Oil & Gas Ltd lost more than half of its market value on Thursday after drilling at its Prospect S well offshore Namibia did not encounter a hydrocarbon in the

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