21 Aug 2014 11:26
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- Stock Screeners
- Share Chat
- FX
- News & RNS
- Events
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
Nighthawk Energy Share News (HAWK)
HAWK Share
Price
HAWK Share
News
HAWK Share
Chat
HAWK Share
Trades
HAWK
Live RNS
HAWK Share
Charts
HAWK Broker
Ratings
HAWK Directors
Deals
HAWK Financial
Diary
HAWK
Fundamentals
HAWK Short
Positions
HAWK
Media
Nighthawk Energy Information
- There is currently no data for HAWK
Watchlists are a member only feature
Login to your account
Don't have an account? Click here to register.Broker snap: Plenty of upside left at Nighthawk
Mon, 29th Nov 2010 12:46
Oil explorer Nighthawk Energy has announced the results of its strategic review and it did not take long for the market to look at the size of the write-downs the company announced and slice around a fifth of the value from the company's share price.Resource sector specialist Westhouse Securities remains an advocate of the stock, however, and supports the company's decision to focus exclusively on its Jolly Ranch asset. "While the write down of non-core assets is regrettable, the group's exit from these activities and the renewed primary focus on Jolly Ranch is welcome, given the tremendous upside the project represents. This was demonstrated in 2009, when Schlumberger reported that P50 [proved + probable] oil in place was 1.462bn barrels gross, over c246,000 acres. The project is now over 410,000 acres," the investment house said.Monday's announcement has resulted in Westhouse taking a scythe to its price target for Nighthawk, however. The new target price is 37p, down from 88p previously."This new target reflects a modest $5m valuation for Revere/Cisco Springs and a reduced value associated with Jolly Ranch to reflect its early stage of development. However, given that the shares are trading at around 11p this morning, we are retaining our BUY recommendation," Westhouse concluded.
More News
17 Jul 2014 11:49
11 Jun 2014 07:31
UK MORNING BRIEFING: Sainsbury's Leads FTSE 100 Gainers
LONDON (Alliance News) - Sainsbury's leads FTSE 100 gainers at the open Wednesday despite reporting its second consecutive decline in quarterly sales.
However, the overall market has opened lower, depressed by a group of ex-dividend stocks such as VodafoneRead more
11 Jun 2014 07:10
Nighthawk Energy Says Net Monthly Revenue Exceeds USD5 Million
LONDON (Alliance News) - Nighthawk Energy PLC Wednesday said it has achieved strong production rates at its Smoky Hill and Jolly ranch projects in Colorado, allowing its net monthly revenue to exceed USD5 million for the first time. The US-focused oil development and production company said
Read more21 May 2014 14:55
Nighthawk Energy To File For Dismissal Of Case "Completely Without Merit"
LONDON (Alliance News) - Nighthawk Energy PLC Wednesday said it will file for dismissal of a case filed against it in a Colorado state court in the US, adding that it regards the claim as "financially immaterial" relative to its current production, revenue and profitability. In a statement,
Read more9 May 2014 09:43
Nighthawk Energy Moves Closer To Oil Production Target
LONDON (Alliance News) - Nighthawk Energy PLC Friday said it has moved a step closer to its target of producing 3,000 barrels of oil a day, after a strong production performance in April. The US-focused oil development and production company said 2,153 barrels of oil a day was recorded from
Read more17 Apr 2014 16:02
Nighthawk Energy plans refinancing after 'significant' oil discovery
AIM-listed US oil producer Nighthawk Energy made an 'highly significant' oil discovery at one of its well at its Snow King project in Colorado. Snow King's 13-33 well began production on April 12th from the Mississippian Spergen formation, the same pay-zone as its nearby producing Arikaree Creek oi
Read more17 Apr 2014 07:46
Nighthawk Makes New Oil Discovery At Snow King 13-33
LONDON (Alliance News) - Nighthawk Energy PLC Thursday said it has made a new oil discovery at its Snow King 13-33 exploration well, close to its major Arikaree Creek oil field in Colorado. The oil and gas exploration and production company, which operates in the US, said the Snow King 13-3
Read more17 Apr 2014 07:24
UK MORNING BRIEFING: Diageo Sales Dip On Emerging Market Hit
LONDON (Alliance News) - Spirits and alcoholic beverage giant Diageo Thursday reported another dip in sales in the third quarter due to further volume declines and weaker Emerging Markets. The world's largest spirits producer, and a major producer of beer and wine, said that organic net sal
Read more28 Mar 2014 13:25
UK MIDDAY BRIEFING: FCA To Review Pensions, Life Insurance Policies
LONDON (Alliance News) - The life insurance sector was dragging down UK stock indices again Friday after the UK Financial Conduct Authority said it is set to begin an inquiry into up to 30 million policies sold from in the years prior to 2000.
The FTSE 350 sector is down 5.0% in rea
28 Mar 2014 11:33
UK WINNERS & LOSERS: Strategic Natural Rebounds; Life Insurers Fall
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.
-------
FTSE 100 - WINNERS
Glencore Xstrata, up 1.9%, Anglo American, up 1.6%, and Rio Tinto, up 1.4