Jadestone Energy Share News (JSE)

LONDON BROKER RATINGS: Redburn likes Flutter; RBC cuts Smiths

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

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.

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.

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:

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.

UK earnings, trading statements calendar - next 7 days

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

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

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.

LONDON BROKER RATINGS: Unilever and Petrofac cut, Marshalls upgraded

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

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.

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.

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.

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.

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.

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: