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Pin to quick picksJadestone Energy Share News (JSE)

Share Price Information for Jadestone Energy (JSE)

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Share Price: 30.75
Bid: 30.00
Ask: 31.50
Change: -0.75 (-2.38%)
Spread: 1.50 (5.00%)
Open: 31.50
High: 32.00
Low: 30.40
Prev. Close: 31.50
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TRADING UPDATES: Confident outlooks from Hunting, Audioboom, SigmaRoc

Thu, 16th Dec 2021 17:22

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

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Hunting PLC - London-headquartered oil field services - Trading for the fourth quarter of 2021 to date remains in line with management expectations, and expects a breakeven result in earnings before interest, tax, depreciation and amortisation expected for the full year, due to a stronger performance in US onshore activity, while EMEA trading remains subdued. For the three months ended November 30, the order book rises by 20%. Looking ahead, improved trading performance is expected to continue into 2022, however for further diligence, company has postponed its plans to launch a level two American Depositary Receipt programme.

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Audioboom Group PLC - London-based podcast producer - Due to the strong momentum in the fourth quarter of 2021, company expects to generate significantly increased adjusted Ebitda, alongside a marginal improvement in revenue, ahead of market expectations. Performance was driven by higher advertiser demand for premium content, strong audience growth and increase revenue from ad tech.

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SigmaRoc PLC - London-based construction materials company - For the 11 months ended November 30, revenue more than doubles year-on-year to GBP236.5 million, and rising 13% on a like-for-like basis. As a result, company remains confident in delivering an underlying Ebitda for 2021 as whole ahead of analyst consensus.

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Netcall PLC - Bedford-based customer engagement software provider - Trading momentum continues into the first half ending December 31, with good demand for cloud services across core sectors of healthcare, public sector and financial services, leading to growth in revenue and annual contract value.

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McBride PLC - Manchester-based cleaning and hygiene product manufacturer - For the six months ending December 31, expects adjusted loss before interest, tax and amortisation of between GBP14 million and GBP17 million, due to rising input costs and the timing of pricing agreements, as well as delays with some customers.

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Egdon Resources PLC - UK-based exploration and production company - For the three months ended October 31,revenue hiked to GBP1.1 million from GBP173,000 the same period a year prior, primarily gathered from output from Wressle-1 well and the Ceres gas field. Wressle has produced at an average of 666 barrels of oil per day over last seven day period. In early 2022, testing will be completed to see "full potential of the well".

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Hurricane Energy PLC - Surrey, England-based oil producer - For November, the Lancaster P6 well produced an average oil rate of 10,124 barrels of oil per day, with an average water cut of 37%. During the month, the company completed the plugging and final abandonment of the Lancaster 205/21a-4z well for a cost of USD1 million. As at November 30, Hurricane has net free cash of USD127 million.

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Kazera Global PLC - diamonds and rare earths explorer in South Africa and Namibia - For the current production cycle ending January 2022, diamond output is in excess of 750 carats, beating the prior highest diamond production of 242 carats. For the current cycle, Kazera has set a production target of 1,000 carats. Looking ahead, expected to be "significantly cash flow positive" during 2022.

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National World PLC - UK newspaper industry investor that acquired JPIMedia Publishing in May - For the year ending January 1, 2022, revenue is expected to be around GBP85 million, with revenue in the second half expected to be broadly in line with the second half of 2020, driven by growth in digital revenue more than offsetting a decline in print.

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ITM Power PLC - Sheffield-based hydrogen power equipment maker - For the six months ended October 31, adjusted loss before interest, tax, depreciation and amortisation widens to GBP13 million from GBP10.4 million, despite revenue hiking to GBP4.1 million from GBP200,000, with a record backlog of 499 megawatts as at December 1, up 61% since September.

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Advanced Medical Solutions Group PLC - Winsford-based surgical dressings - Results for 2021 is expected to be in line with market expectations, with both business units reporting significant growth with trading recovering in line with expectations and rebuilding levels of elective surgery towards pre-pandemic levels. In addition, the volume of product increased significantly with a continued improvement in operational leverage.

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Gym Group PLC - Croydon-based low-cost gyms operator - Trading in line with market expectations for 2021, with total member numbers rise to 753,000 to the end of October from 547,000 at the end of February. However, this has waned in November to 735,000. Meanwhile, headline prices have improved, with the DO IT membership increasing to GBP19.23 in November from GBP19.11 in June.

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Immotion Group PLC - Manchester, England-based virtual reality entertainment company - Expects revenue for the second half of 2021 to be ahead of the first half, at GBP6.5 million from GBP2.8 million. In addition, for 2021 as whole, expects adjusted Ebitda to be ahead of the GBP600,000 reported for the first nine months of trading. For 2021, revenue is set to exceed GBP9 million, compared to GBP2.8 million the year before.

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Rotala PLC - bus operations at Heathrow airport and in West Midlands and North West - For the year ended November 30, expects to swing to profit of around GBP300,000 from a loss of GBP4.8 million, on revenue set to grow 24% year-on-year to GBP96.5 million from GBP78.0 million. By the end of the year passenger numbers have reached 80% to 85% of pre-Covid levels.

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Robert Walters PLC - London-based recruitment firm - For 2021, expects pretax profit to be "comfortably ahead" of current market expectations.

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Jadestone Energy PLC - oil and gas producer focused on the Asia-Pacific region - Achieved the target of delivering around 20,000 barrels of oil equivalent per day of output by the end of 2021, driven by strong performance from the Montara H6 well and initial flows from Skua-11 post workover. Average annual production expected to be between guidance range of 11,500 - 13,500 boe per day. For the fourth quarter of 2021 to date, production has averaged 17,800 boe per day.

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Wentworth Resources PLC - natural gas production in Tanzania - Annual average production rate for 2021 is expected to exceed 80 million cubic feet per day, above the high-end of revised guidance for the year. Also expects to achieve record revenue, Ebitdax and cash on hand.

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By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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12 Oct 2022 09:52

LONDON BROKER RATINGS: Redburn likes Flutter; RBC cuts Smiths

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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11 Oct 2022 12:43

Jadestone to receive $17.2m from insurance settlement

(Sharecast News) - Jadestone Energy announced on Tuesday that it was set to receive $17.2m as a result of an insurance settlement.

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11 Oct 2022 10:12

IN BRIEF: Jadestone Energy inks USD17.2 million insurance settlement

Jadestone Energy PLC - Perth-based oil & gas development company with assets in Australia, Malaysia, Indonesia, Vietnam and the Philippines - Enters agreement with its panel of insurers. Under the agreement, Jadestone will receive USD17.2 million in cash from the settlement of an insurance claim for a well workover that took place in 2021. Jadestone expects the funds to be received in the fourth quarter of this year.

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20 Sep 2022 14:38

EARNINGS SUMMARY: Jadestone Energy ups interim payout by 10%

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

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20 Sep 2022 10:39

Revenue, adjusted earnings improve for Jadestone

(Sharecast News) - Jadestone Energy reported a 63% year-on-year rise in revenue in its first half on Tuesday, to $225.6m, amid higher production and higher average realised oil prices.

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13 Sep 2022 15:59

UK earnings, trading statements calendar - next 7 days

Wednesday 14 September 
Advanced Medical Solutions Group PLCHalf Year Results
Anpario PLCHalf Year Results
Artisanal Spirits Co PLCHalf Year Results
BioPharma Credit PLCHalf Year Results
Blackbird PLCHalf Year Results
Central Asia Metals PLCHalf Year Results
Diurnal Group PLCHalf Year Results
Dunelm Group PLCFull Year Results
Epwin Group PLCHalf Year Results
Glenveagh Properties PLCHalf Year Results
ITM Power PLCFull Year Results
Niox Group PLCHalf Year Results
Pan African Resources PLCFull Year Results
Pharos Energy PLCHalf Year Results
Redrow PLCFull Year Results
Ricardo PLCFull Year Results
STM Group PLCHalf Year Results
Tullow Oil PLCHalf Year Results
Thursday 15 September 
Big Technologies PLCHalf Year Results
Brooks Macdonald Group PLCFull Year Results
Checkit PLCHalf Year Results
DFS Furniture PLCFull Year Results
Downing Renewables & Infrastructure Trust PLCHalf Year Results
Foresight Solar Fund LtdHalf Year Results
Gresham House PLCHalf Year Results
Hilton Food Group PLCHalf Year Results
IG Group Holding PLCQ1 Results
IGas Energy PLCHalf Year Results
Keystone Law Group PLCHalf Year Results
Kier Group PLCFull Year Results
MJ Gleeson PLCFull Year Results
Oxford BioMedica PLCHalf Year Results
Portmeirion Group PLCHalf Year Results
Regional REIT LtdHalf Year Results
Renishaw PLCFull Year Results
RTW Venture Fund LtdHalf Year Results
THG PLCHalf Year Results
Trainline PLCTrading Statement
Wickes Group PLCHalf Year Results
Friday 16 September 
Dunedin Enterprise Investment Trust PLCHalf Year Results
Monday 19 September 
City of London Investment Group PLCFull Year Results
Craneware PLCFull Year Results
Haleon PLCHalf Year Results
IQGeo Group PLCHalf Year Results
Tuesday 20 September 
Alliance Pharma PLCHalf Year Results
ASA International Group PLCHalf Year Results
Belluscura PLCHalf Year Results
Brown Advisory US Smaller Cos PLCFull Year Results
Cambridge Cognition Holdings PLCHalf Year Results
EKF Diagnostics Holdings PLCHalf Year Results
Elixirr International PLCHalf Year Results
Feedback PLCFull Year Results
Fintel PLCHalf Year Results
First Tin PLCHalf Year Results
Frasers Group PLCFull Year Results
Gaming Realms PLCHalf Year Results
Good Energy Group PLCHalf Year Results
Henry Boot PLCHalf Year Results
HydrogenOne Capital Growth PLCHalf Year Results
Jadestone Energy PLCHalf Year Results
Kingfisher PLCHalf Year Results
Litigation Capital Management LtdFull Year Results
Moonpig PLCTrading Statement
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Spectral MD Holdings LtdHalf Year Results
SThree PLCTrading Statement
Unbound Group PLCHalf Year Results
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Copyright 2022 Alliance News Limited. All Rights Reserved.

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13 Sep 2022 09:41

LONDON BROKER RATINGS: Whitbread on JPMorgan's positive catalyst watch

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

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12 Sep 2022 14:11

IN BRIEF: Jadestone shares down as output start date still unconfirmed

Jadestone Energy PLC - Perth-based oil & gas development company with assets in Australia, Malaysia, Indonesia, Vietnam and the Philippines - Says it is not in a position to offer guidance on a possible Montara Venture FPSO production restart date. Expects 2022 production to average about 13,000 barrels of oil equivalent per day if production were restored in line with previous guidance, or closer to about 11,000 barrels of oil equivalent per day if the restart were towards the end of this year.

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24 Aug 2022 09:45

LONDON BROKER RATINGS: Unilever and Petrofac cut, Marshalls upgraded

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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12 Aug 2022 11:19

AIM WINNERS & LOSERS: Jadestone down on guidance cut; Ascent gets paid

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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12 Aug 2022 10:48

Jadestone Energy cuts annual production as Monataro closes for repairs

(Alliance News) - Jadestone Energy PLC shares were struggling on Friday after the oil and gas development company lowered its annual guidance as it continues with repair works at its Monataro asset, offshore Australia.

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12 Aug 2022 09:19

Jadestone shuts in Montara in bid to complete repairs

(Sharecast News) - Asia-Pacific focussed oil and gas producer Jadestone Energy updated the market on its operations on Friday, with operations at Montara now being shut in following the "small leak of oil" reported from a crude oil tank on the Montara Venture FPSO vessel in June.

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2 Aug 2022 14:45

IN BRIEF: Jadestone Energy launches USD25 million share buyback

Jadestone Energy PLC - Perth-based oil and gas development company with assets in Australia, Malaysia, Indonesia, Vietnam and the Philippines - Launches a share buyback programme to repurchase up to 46.6 million shares. The maximum pecuniary amount of the programme is USD25 million. It will be conducted by Stifel Nicolaus Europe Ltd and is part of its plan to return up to USD100 million of cash to shareholders over the course of 12 months. The purpose of the programme is to reduce the share capital and all repurchased shares will be cancelled.

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2 Aug 2022 10:39

Jadestone Energy to buy back up to $25m of shares

(Sharecast News) - Asia-Pacific-focussed oil and gas company Jadestone Energy launched a share buyback programme of up to $25m on Tuesday, as part of its strategy to return up to $100m to shareholders over 12 months.

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28 Jul 2022 20:08

TRADING UPDATES: Scottish American outperforms; Amte picks Dundee

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

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