Nighthawk Energy Share News (HAWK)
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HAWKTue, 08th Feb 2011 14:28
At 705p, Cranswick trades at 11 times earnings and offers a 3.3 per cent dividend, not bad given a strong balance sheet (net debt of about £65 million) and forecast double-digit profit growth. Hold on, says the Times. Meanwhile, the Telegraph says buy the shares as it expects brokers to upgrade fore
Read moreUS-focused oil group Nighthawk Energy said operating losses were reduced by 42% as it continued to with an 'aggressive development and drilling programme.' Operating loss narrowed to $2m for the year ended 30 June 2009 from $3.5m the same time a year before. Revenue increased to $497,876 from $138
Read moreUS-focused oil group Nighthawk Energy said no problems have been encountered at the first lateral well to be drilled at the Jolly Ranch project in Colorado. The Craig 15-32-L well hs been drilled to a total depth of 8,554 feet of which 2,006 feet was the horizontal leg through the Cherokee formatio
Read moreNighthawk Energy slipped back Friday after the US-focused oil group said it has conditionally raised £22.4m from a placing at 35p a share. It will use the money to undertake a 12 month development programme, including drilling 20 wells and building production facilities at the Jolly Ranch prospect
Read moreUS focused oil group Nighthawk flew higher Monday after an independent valuation estimated oil in place at its Jolly and Craig Ranch fields to be 1.462 billion barrels gross. Nighthawk has a 50% stake in the fields, part of the Jolly Ranch project, Lincoln County, Colorado. Broker Ambrian called i
Read moreUS focused oil group Nighthawk has sold its 50% interest in the Centurion project in Kansas to Osceola Hydrocarbons for $5m in cash. Nighthawk will also be paid an annual royalty equal to 5% of the gross oil and gas revenues from the Centurion project. "We are pleased to have executed the sale of
Read moreLondon's benchmark index finished just above flat, reversing earlier gains, as Wall Street started in a lacklustre fashion. Tesco's first quarter trading update was well received. Like-for-like (LFL) sales growth came in at the top end of expectations, helped by a resumption of growth in non-food
Read moreLondon's blue-chip index edged higher over the lunch-time session, helped by expectations of a moderately firmer start on Wall Street. Tesco's first quarter trading update has been well received. Like-for-like (LFL) sales growth came in at the top end of expectations, helped by a resumption of gro
Read moreFootsie is making a valiant attempt to claw back yesterday's losses but its progress is being impeded by a weak mining sector. Tesco's first quarter trading update has been well received. Like-for-like (LFL) sales growth came in at the top end of expectations, helped by a resumption of growth in n
Read moreLondon's blue have made modest progress despite a tough day on Wall St yesterday with good figures from Tesco giving a boost. Property group's British Land and Hammerson are the best performers this morning, but it is Tesco's figures that catch the eye. Tesco's like-for-like sales growth came in a
Read moreThe UK market is set to start little changed Tuesday as most of last night's gloom on Wall Street had already been felt by the time London closed yesterday. There's bound to be heavy focus on Britain's biggest supermarket chain Tesco following its latest sales update. UK like-for-like (LFL) sales
Read moreUS focused oil group Nighthawk has scrapped the $10.9m deal to sell finance group San Severina a 20% working interest in the Jolly Ranch prospect in Colorado. Nighthawk said payment of the initial consideration was due by 15 June 2009 and no payment from San Severina has been received. "Since the
Read moreConstruction components and software group Eleco said an anticipated improvement in market conditions has failed to materialise. In February, the firm said recent progress in order prospects for precast concrete activities offered grounds for cautious optimism that it would see an upturn in perform
Read moreLondon's top stocks finished with stellar gains as optimism about the global economy boosted markets worldwide. Hopes of a recovering economy pushed forward commodities. Oil is near $68 per barrel, while copper climbed to $5,000 per tonne, its highest since October. Gold rose to $985 an ounce. C
Read moreFootsie is still going well as markets rally globally amid further hopes that the world economy is beginning to recover. Oil rose to $68 per barrel, while copper climbed to $5,000 per tonne, its highest since October. Gold rose to $985 an ounce. Copper miner Antofagasta is one of the best perfor
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