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Pin to quick picksJadestone Energy Share News (JSE)

Share Price Information for Jadestone Energy (JSE)

London Stock Exchange
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Share Price: 70.00
Bid: 69.00
Ask: 71.00
Change: 0.00 (0.00%)
Spread: 2.00 (2.90%)
Open: 70.00
High: 70.00
Low: 69.00
Yest. Close: 70.00
JSE Live PriceLast checked at -

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IN BRIEF: Jadestone Energy Profit Falls On Oil Price Plunge

Thu, 10th Sep 2020 18:10

Jadestone Energy Inc - Asia Pacific-focused oil and gas firm - Revenue in six months to June 30 down 33% to USD171.7 million from USD115.7 million. Pretax profit drops 71% to USD12.8 million from USD44.6 million. "Against the backdrop of benchmark commodity prices 40% lower than the same period last year, our assets have remained essentially unimpaired. In addition, through quick action in both managing our capital spending commitments and driving deeper efficiencies and cost savings throughout the entire business, we have kept our balance sheet strong," Chief Executive Officer Paul Blakeley said.

Current stock price: 57.40 pence

Year-to-date change: down 38%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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