The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEuropa Oil & Gas Share News (EOG)

Share Price Information for Europa Oil & Gas (EOG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.90
Bid: 0.85
Ask: 0.95
Change: 0.00 (0.00%)
Spread: 0.10 (11.765%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 0.90
EOG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Genel Energy likes high oil price; Cooks Coffee grows

Tue, 17th Jan 2023 14:54

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

----------

Alliance Pharma PLC - Chippenham, England-based distributor of consumer healthcare brands and prescription medicines - For 2022, notes see-through revenue GBP172.0 million, in line with its trading update from November and up from GBP169.6 million in 2021. Consumer healthcare revenue increases to GBP125.2 million in 2022, up from GBP121.8 million. Anticipates 2022 underlying pretax profit "slightly above" GBP30 million, compared to GBP42.2 million in 2021. Chief Financial Officer Andrew Franklin says: "We are starting to see the benefits of our investment in innovation and development. Kelocote Kids Gel had a successful launch in China in 2022 and will be introduced in the UK and Germany this year, whilst Canker-X, part of the Aloclair brand franchise, was launched in the US this month and is already being sold through Walgreens [Boots Alliance Inc] and RiteAid [Corp]."

----------

Cooks Coffee Co Ltd - New Zealand-based coffee chain - Records sales growth of 41% in UK during 2022 versus 2021, while sales in Ireland jump 91%. Sites in UK and Ireland as at December 31, 2022 increase to 85, up slightly from 82 a year prior. The company will release its results for the financial year 2023 to March 31 by the end of June. Executive Chair Keith Jackson says: "These cafe sales results highlight the resurgence and growth of the business and in this instance surpass those published by other industry leaders."

----------

Corero Network Security PLC - Amersham, Buckinghamshire-based distributed denial of service cyber defence solutions - Order intake in 2022 rises by 13% to USD23.9 million from USD21.2 million in 2021. Annualised recurring revenue grows 13% to USD14.4 million from USD12.8 million. Expects adjusted earnings before interest, tax, depreciation and amortisation to fall to a range of USD1.4 million to USD1.8 million, from USD3.9 million a year prior. Cash as at December 31 falls by 50% to USD5.6 million from USD11.2 million a year ago. Looking ahead, Chief Executive Lionel Chmilewsky says: "Encouragingly, we start 2023 with a solid pipeline of new business opportunities. Our focus for 2023 is to leverage our investment in sales and marketing and capitalise on our market-leading SmartWall solutions and SecureWatch services to drive revenue growth."

----------

Egdon Resources PLC - Gloucestershire, England-based energy exploration and production company - Announces Wressle cumulative oil production more than 341,100 barrels from August 2022 to January 12. Reports a production rate of approximately 825 to 850 barrels of oil per day at Wressle, up from 700 to 725 bopd reported in November. Says August to December revenue was GBP3.1 million, up from GBP2.1 million a year prior. Three microturbines have been delivered to the Wressle site, with installation and commissioning ongoing. Further, notes that 3D seismic reprocessing has been completed at Wressle site, as planning and permitting for Penistone Flags development has begun. Plans drilling of Penistone Flags for the second half of 2023. Europa Oil & Gas Holdings PLC, a UK and Ireland focused oil and gas exploration, development and production, and Union Jack Oil PLC, a Bath, England-based oil and gas company, note Egdon's announcement.

----------

Genel Energy PLC - Oil company with exploration and production operations in northern Iraq - Reports lower oil production in 2022 as brent oil price jumps. 2022 net production falls to 30,150 barrels of oil per day, from 31,710 in 2021. In 2022, Genel's brent oil price surges 42% to USD101 per barrel from USD71 in 2021. 2022 cash proceeds received from the Kurdistan regional government rise by 68% to USD473 million, up from USD281 million in 2021. Free cash flow jumps to USD233 million from USD86 million. Expects 2023 production of 27,000 to 29,000 bopd, down from 30,150 in 2022. Expects an expenditure of up to USD25 million in Somaliland in 2023. The company anticipates to release its 2022 results on March 22.

----------

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
20 Jan 2021 11:46

Europa Oil & Gas Enters GBP225,000 Loan Facility With Director

Europa Oil & Gas Enters GBP225,000 Loan Facility With Director

Read more
20 Jan 2021 10:40

LONDON AIM WINNERS & LOSERS: Sabien Sinks On Ptarmigan Deal Withdrawal

LONDON AIM WINNERS & LOSERS: Sabien Sinks On Ptarmigan Deal Withdrawal

Read more
11 Jan 2021 11:20

Europa Oil, Egdon And Union Jack Tip First Wressle Oil By End Of Month

Europa Oil, Egdon And Union Jack Tip First Wressle Oil By End Of Month

Read more
26 Nov 2020 12:55

Union Jack, Europa, And Egdon Defer Wressle Workover; Announce Loan

Union Jack, Europa, And Egdon Defer Wressle Workover; Announce Loan

Read more
21 Oct 2020 15:05

IN BRIEF: Europa Oil & Gas Granted Extension To Inezgane Initial Phase

IN BRIEF: Europa Oil & Gas Granted Extension To Inezgane Initial Phase

Read more
21 Oct 2020 10:37

UK WINNERS & LOSERS SUMMARY: Centamin Loses 20% On 2021 Guidance

UK WINNERS & LOSERS SUMMARY: Centamin Loses 20% On 2021 Guidance

Read more
21 Oct 2020 09:25

Europa gets one-year extension to Inezgane permit in Morocco

(Sharecast News) - Europa Oil & Gas announced on Wednesday that the Moroccan regulatory body, the Office National des Hydrocarbures et des Mines (ONHYM), has granted a one-year extension to the initial phase of the Inezgane exploration permit, to November 2022.

Read more
13 Oct 2020 18:06

IN BRIEF: Europa Oil & Gas Loss Widens On GBP4 Million Write-Off

IN BRIEF: Europa Oil & Gas Loss Widens On GBP4 Million Write-Off

Read more
4 Aug 2020 13:57

UK EXECUTIVE CHANGE SUMMARY: Portmeirion Refreshes Leadership

UK EXECUTIVE CHANGE SUMMARY: Portmeirion Refreshes Leadership

Read more
3 Aug 2020 22:16

UK TRADING UPDATE SUMMARY: Bluebird To Buy Southern Gold Venture Stake

UK TRADING UPDATE SUMMARY: Bluebird To Buy Southern Gold Venture Stake

Read more
20 Jul 2020 20:44

IN BRIEF: Europa Oil & Gas Finance Head To Leave; On Track At Wressle

IN BRIEF: Europa Oil & Gas Finance Head To Leave; On Track At Wressle

Read more
11 Jun 2020 13:23

UK TRADING UPDATE SUMMARY: Churchill China Sales Hit By Virus

UK TRADING UPDATE SUMMARY: Churchill China Sales Hit By Virus

Read more
11 Jun 2020 12:49

Europa acquiring offshore Ireland gas prospect for 'nominal fee'

(Sharecast News) - UK, Ireland and Morocco-focussed exploration, development and production company Europa Oil & Gas announced the conditional acquisition of a 100% interest in Frontier Exploration Licence (FEL) 3/19, offshore Ireland, from DNO on Thursday.

Read more
15 Apr 2020 17:37

Europa Oil Cuts Management Pay To Save Cash, Interim Loss Widens

Europa Oil Cuts Management Pay To Save Cash, Interim Loss Widens

Read more
15 Apr 2020 10:33

Europa Oil confident in position amid Covid crisis

(Sharecast News) - UK, Ireland and Morocco-focussed exploration, development and production company Europa Oil & Gas reported revenue of £0.8m in its first half on Wednesday, slipping from £0.9m year-on-year.

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.