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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: 88.30
Bid: 88.20
Ask: 89.00
Change: 1.30 (1.49%)
Spread: 0.80 (0.907%)
Open: 87.50
High: 89.00
Low: 86.80
Prev. Close: 87.00
GENL Live PriceLast checked at -

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SMALL-CAP WINNERS & LOSERS: CAB Payments shares hit; Ceres Power up

Wed, 21st Feb 2024 10:02

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

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SMALL-CAP - WINNERS

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Ceres Power Holdings PLC, up 4.5% at 164.84 pence, 12-month range 135.10p-466.30p. Shares in the clean energy technology developer rise. UBS starts the company's stock with a 'buy' rating and 450p price target.

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Genel Energy PLC, up 0.8% at 83.70p, 12-month range 64.10p-137.48p. The oil and gas exploration and production company sees its share edge higher. Jefferies raises the stock's rating to 'buy' from 'hold'.

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SMALL-CAP - LOSERS

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CAB Payments Holdings PLC, down 15% at 91.00p, 12-month range 46.10p-337.00p. Shares in the cross-border payments and foreign exchange firm fall, despite a good start to 2024. In the year-to-date, the stock is up 12%. The stock had seen some recovery from a revenue growth warning that knocked 72% off its value in October. Shares are down more than two-thirds from its 335p initial public offering price. It floated in July.

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By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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Genel Energy to file for compensation after Kurdistan Regional Government terminates PSCs

(Sharecast News) - Oil producer Genel Energy issued an update on the Bina Bawi and Miran production sharing contracts on Friday, stating it would file for compensation after receiving formal notices purporting to terminate the contracts from the Kurdistan Regional Government.

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(Sharecast News) - Genel Energy revealed on Tuesday that chief executive Bill Higgs had disposed of 240,061 ordinary shares in the London-listed exploration and production firm.

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Genel hikes interim payout but guides lower on full-year oil production

(Sharecast News) - Genel Energy hiked its interim dividend by 20% on the back of rising oil prices and burgeoning cash flow, even as it reported delays to testing programmes at the Sarta and Qara Dagh oil fields and guided lower for full-year output.

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