Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGenel Energy Share News (GENL)

Share Price Information for Genel Energy (GENL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 92.90
Bid: 93.00
Ask: 93.60
Change: -1.10 (-1.17%)
Spread: 0.60 (0.645%)
Open: 94.00
High: 94.00
Low: 92.20
Prev. Close: 94.00
GENL Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EXECUTIVE CHANGES: Filtronic appoints Nathaniel Edington as CEO

Tue, 02nd Apr 2024 12:26

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

----------

Baron Oil PLC - London-based oil and gas exploration company - Former chief executive officer Andy Yeo has stepped down from the board on Monday after the company transitions to Andy Butler as its new CEO. Further, company notes progress in appointing a new chair.

----------

Beacon Energy PLC - oil and gas company - Promotes Chief Financial Officer Stewart MacDonald to chief executive officer from June 1, the day current CEO Larry Bottomley intends to retire from his role. Bottomley has been CEO since the start of 2022 and will continue to support the company as a non-executive director. The company adds that its search for a chief operating officer to support the technical and operational workstreams in the executive team will start soon. Company adds that the rig mobilisation regarding the upcoming SCHB-2 sidetrack operation is on track with the rig due to arrive in location in mid-April with the sidetrack operation set to start the following week.

----------

DSW Capital PLC - Warrington, England-based financial advisory that provides advisory services in areas such as corporate finance and due diligence - Promotes Business Development & Operations Director Peter Fendall to chief operating officer. He joined the company in September 2021 and helped facilitate the initial public offering. Further, DSW appoints him as interim chief financial officer from May 17, replacing Nicole Burstow, the current CFO and deputy chief executive officer who is leaving the company.

----------

Filtronic PLC - Sedgefield, England-based designer and manufacturer of products and sub-systems for the aerospace, defence, telecoms infrastructure, space, and critical communications markets - Appoints Nathaniel Edington as CEO from May 13, replacing outgoing CEO Richard Gibbs, who will retire from his role that day but continue to support the company until November. Incoming CEO Edington has held executive leadership positions at Austria-based semiconductor firm AMS AG and former semiconductor firm Wolfson Microelectronics PLC, which was bought by Austin, Texas-based Cirrus Logic Inc in 2014. "Nat has considerable knowledge and experience of the sector and the markets in which Filtronic operate and has demonstrated excellent leadership qualities aligned with Filtronic's people-focused culture, and drive for growth," Filtronic says.

----------

Genel Energy PLC - oil and gas exploration and production company, formerly focused on exports to the Kurdistan region - Deputy Chair Michael Fallon indicates intention to retire from the company's board at the annual general meeting next month.

----------

Naked Wines PLC - Norwich-based online wine seller - Appoints Rodrigo Maza as chief executive officer, effective Tuesday, which is also the first day of the company's financial year 2025, as Rowan Gormley returns to his previous role as non-executive chair. Further, Naked Wines appoints Paul Calandrella as general manager of Naked Wines USA from mid-April.

----------

Strix Group PLC - Isle of Man-based provider of kettle safety controls - Confirms that Chief Financial Officer Clare Foster has joined the board on Tuesday.

----------

By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
14 Nov 2023 18:43

TRADING UPDATES: Petra Diamonds chair to retire

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

Read more
9 Nov 2023 12:54

EARNINGS AND TRADING: Wincanton profit down; James Cropper ups payout

(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
7 Nov 2023 15:51

UK earnings, trading statements calendar - next 7 days

Wednesday 8 November 
Conduit Holdings LtdQ3 Results
Hiscox LtdTrading Statement
HgCapital Trust PLCQ3 Results
ITV PLCTrading Statement
JD Wetherspoon PLCQ1 Results
Marks & Spencer Group PLCHalf Year Results
MaxCyte IncQ3 Results
Secure Trust Bank PLCTrading Statement
Smiths News PLCFull Year Results
Time Out Group PLCFull Year Results
Thursday 9 November 
3i Group PLCHalf Year Results
Apax Global Alpha LtdQ3 Results
AstraZeneca PLCQ3 Results
Auto Trader Group PLCHalf Year Results
B&M European Value Retail SAHalf Year Results
Burford Capital LtdQ3 Results
Domino's Pizza Group PLCTrading Statement
Endeavour Mining PLCQ3 Results
Flutter Entertainment PLCTrading Statement
IMI PLCTrading Statement
Indivior PLCQ3 Results
John Wood Group PLCTrading Statement
Lancashire Holdings LtdTrading Statement
National Grid PLCHalf Year Results
Regional REIT LtdTrading Statement
Renewi PLCHalf Year Results
S4 Capital PLCTrading Statement
Tate & Lyle PLCHalf Year Results
Taylor Wimpey PLCTrading Statement
TBC Bank Group PLCQ3 Results
TheWorks.co.uk PLCTrading Statement
Trakm8 Holdings PLCHalf Year Results
Urban Logistics REIT PLCHalf Year Results
Vistry Group PLCTrading Statement
WH Smith PLCFull Year Results
Wincanton PLCHalf Year Results
Wizz Air Holdings PLCHalf Year Results
Friday 10 November 
Allianz Technology Trust PLCQ3 Results
Wheaton Precious Metals CorpQ3 Results
Monday 13 November 
Bank of Cyprus Holdings PLCQ3 Results
British Land Co PLCHalf Year Results
Kainos Group PLCHalf Year Results
Team Internet Group PLCQ3 Results
Tuesday 14 November 
ActiveOps PLCHalf Year Results
Babcock International Group PLCHalf Year Results
Bank of Georgia Group PLCQ3 Results
Castings PLCHalf Year Results
ConvaTec Group PLCTrading Statement
DCC PLCHalf Year Results
Forterra PLCHalf Year Results
Gear4Music PLCHalf Year Results
Genel Energy PLCTrading Statement
HydrogenOne Capital Growth PLCQ3 Results
Hill & Smith PLCTrading Statement
Imperial Brands PLCFull Year Results
Informa PLCTrading Statement
Land Securities Group PLCHalf Year Results
Oxford Instruments PLCHalf Year Results
Picton Property Income LtdHalf Year Results
Renalytix PLCQ1 Results
Tullow Oil PLCTrading Statement
Vesuvius PLCTrading Statement
Vodafone Group PLCHalf Year Results
Wise PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
18 Oct 2023 14:58

IN BRIEF: Genel Energy non-executives buy GBP2.6 million in shares

Genel Energy PLC - Kurdistan-focused oil and gas exploration and production company - Bilgin Grup Dogalgaz AS buys 3.0 million shares at GBP0.83 each for a total of GBP2.5 million on Tuesday in London. Genel Non-Executive Director Umit Tolga Bilgin is vice-chair of Bilgin Grup.

Read more
16 Oct 2023 12:14

IN BRIEF: Genel Energy oil output at Tawke "ramped up" post closure

Genel Energy - London-based oil producer with assets in Somaliland, Morocco and Iraq's Kurdistan region - Says gross production from Tawke licence in the Kurdistan region of Iraq in the third quarter of 2023 was 25,984 barrels of oil per day, compared to no production in the second quarter of 2023, and down from 108,500 bopd a year prior. Production was shut after the closure of the Iraq-Turkey pipeline in March. The Tawke field was reopened in July and production has since "ramped up," Genel Energy says. The contractor share of crude oil from the field during the quarter was sold to local buyers with payments received directly in advance. "No crude oil was delivered to the Kurdistan regional government for export by pipeline through Turkey," Genel Energy says.

Read more
16 Oct 2023 10:46

Genel Energy reports ramp up of production from Tawke field

(Sharecast News) - Genel Energy announced that crude oil output from the Tawke field in Iraq's Kurdistan region was continuing to ramp up.

Read more
12 Oct 2023 16:55

IN BRIEF: Genel Energy accepts offers for USD16.2 million of bonds

Genel Energy PLC - London-based oil producer with assets in Somaliland, Morocco and Iraq's Kurdistan region - Announces the result of the reverse tender offer to holders of Genel Energy 4 Finance PLC's USD300 million senior unsecured callable bonds. Says the company accepted offers for USD16.2 million nominal value of bonds with the maximum accepted price set to 93.5% of nominal value. States cash settlement for the bonds, including accrued interest, is expected to occur on October 13. Pareto Securities acted as broker for the buy-back offer.

Read more
2 Oct 2023 18:40

EARNINGS AND TRADING: EDX Medical reports loss; Brandshield CFO leaves

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

Read more
2 Oct 2023 11:00

IN BRIEF: Genel Energy announces bond buyback offer to bondholders

Genel Energy PLC - London-based oil producer with assets in Somaliland, Morocco and Iraq's Kurdistan region - To holders of Genel Energy 4 PLC's USD300 million senior unsecured callable bonds with ISIN NO0010894330, offers reverse tender offer. Targets around USD20 million in nominal value of bonds for cash management purposes. Buyback offer starts Monday and lasts until next week Wednesday. Company will determinate the maximum accepted price next week Thursday, with cash settlement expected the day after.

Read more
2 Oct 2023 09:31

Turkey says Iraq oil pipeline will resume 'this week'

(Alliance News) - Turkey said Monday that an Iraqi oil pipeline that ceased operations in March because of a complex payments dispute involving the Kurdish autonomous region will resume pumping crude this week.

Read more
31 Aug 2023 11:27

Gulf Keystone fears for its future viability amid Kurdistan crude suspension

Cuts 55% expat jobs, reviewing further cuts

*

Read more
17 Aug 2023 10:08

IN BRIEF: Genel Energy notes operational restart at Tawke oil field

Genel Energy PLC - London-based oil producer with assets in Somaliland, Morocco and Iraq's Kurdistan region - Notes update by DNO ASA concerning the Tawke field in Kurdistan, in which Genel has a 25% working interest. DNO, the Tawke production sharing agreement's operator, has partially restarted operations there and is selling its oil production entitlement share to local companies. News follows a four-month shut-in due to the Iran-Turkey Pipeline export route closing. The restart was partly for well integrity and reservoir tests, but Genel says DNO has also continued producing "to meet strong demand." Peshkabir field, also within the Tawke licence area, is still shut in. Tawke's average output is currently around 40,000 barrels per day. Prices average just over 50% of pre-closure levels.

Read more
17 Aug 2023 06:46

DNO partly resumes oil production in Iraq

OSLO, Aug 17 (Reuters) - Norwegian oil company DNO said on Thursday it had last month partly resumed production at its Tawke field in the Iraqi Kurdistan region, delivering oil to the local market at a discount as a key export pipeline remained shut.

Read more
17 Aug 2023 06:16

DNO partly resumes oil production in Iraq

OSLO, Aug 17 (Reuters) - Norwegian oil company DNO said on Thursday it had last month partly resumed production at its Tawke field in the Iraqi Kurdistan region, delivering oil to the local market at a discount as a key export pipeline remained shut.

Read more
2 Aug 2023 11:36

Genel Energy earnings plummet as pipeline closure hits production

(Alliance News) - Genel Energy PLC on Wednesday said it suspended dividend payments and swung to a loss in the first half of the year, following the closure of a key pipeline.

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.