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Pin to quick picksOctopus Energy Share News (ORIT)

Share Price Information for Octopus Energy (ORIT)

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Share Price: 72.50
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Ask: 72.60
Change: -1.00 (-1.36%)
Spread: 0.50 (0.693%)
Open: 74.00
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Octopus Renewables Infrastructure is an Investment Trust

To provide investors with an attractive and sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of Renewable Energy Assets in Europe and Australia.

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UK EARNINGS SUMMARY: Rockhopper Loss Balloons, Confident In Sea Lion

Tue, 15th Sep 2020 19:19

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

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Rockhopper Exploration PLC - oil and gas exploration company - Interim pretax loss widens significantly to USD226.8 million from USD16.5 million year before. Exploration and evaluation expenses jump to USD223.6 million from USD1.1 million year before. Revenue in six months to June 30 halves to USD2.5 million from USD4.8 million year before. Confident in Sea Lion license in Falklands and is focused on completed Navitas farm-in in the fourth quarter of 2020. Rockhopper is fully funded for all Sea Lion development costs through to project completion.

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Good Energy Group PLC - renewable electricity supplier - Sinks to first half pretax loss of GBP1.1 million compared to GBP2.5 million profit year before. Revenue in the six months to June 30 rises to GBP67.5 million from GBP63.5 million. Administration costs rise to GBP13.9 million from GBP12.3 million. Cancels interim divided following 1.1 pence payout year before - expects to resume dividends in 2021. Underlying performance of the core business in line with management expectations, Good Energy says, adjusting for the impact of Covid-19

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Corero Network Security PLC - denial-of-service attack security provider - Half-year loss narrows to USD2.7 million from USD3.9 million year before. Revenue in six months to June 30 grows to USD6.2 million from USD4.2 million year before. Revenue from DDoS protection as-a-service contracts increases to USD1.2 million from USD500,000. Order intake increases by 58% to USD7.9 million. During the first half, Corero, through its SmartWall solutions adds 18 new customers. CEO Lionel Chmilewsky said he remains remain confident in the medium and long-term prospects of the company.

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Beeks Financial Cloud Group PLC - cloud computing and connectivity provider for financial markets - Annual pretax profit slips to GBP678,000 versus GBP1.0 million year before. Revenue in the 12 months to June 30 rises to GBP9.4 million from GBP7.4 million year before. Administrative expenses up to GBP3.6 million from GBP2.5 million. Total dividend unchanged at 0.35 pence. CEO Gordon McArthur said: "I am pleased to report on a year of considerable progress, in which the group has delivered against its strategic objectives; increasing the number of tier 1 customers, expanding its geographic presence and offering and completing the strategic acquisition of Velocimetrics." McArthur expects to grow company's existing Tier 1 accounts.

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Trinity Exploration & Production PLC - Trinidad & Tobago focused oil exploration and production company - Swings to interim pretax profit of USD942,000 versus USD572,000 loss year before. Operating revenue in six months to June 30 slips to USD21.5 million from USD32.2 million year before. Average net production up sharply to 3,282 bopd from 3,008 year before. But average realised oil price down 23% year on year to USD36.3 per barrel from USD59.1 year before. Executive Chair Bruce Dingwall said: "Everyone is aware of the exceptional circumstances - with Covid impacting both operational practices and the oil price. Despite these challenges, our financial resilience, emphasis on cost management and high operating standards have enabled the company to increase production and increase free cash flows, thereby further strengthening our balance sheet and establishing the necessary foundations for future growth both from existing and new opportunities."

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Octopus Renewables Infrastructure Trust PLC - closed end investment company focused on renewable energy assets in Europe and Australia - June 30 NAV per share 97.58 pence, with net assets of GBP341.5 million. Incorporated on October 11, 2019, with London IPO December 10. Total shareholder return since incorporation to June 30 at 12.2%. Dividend in period totals 1.06 pence per share. Has now committed 75% of net IPO proceeds. Firm's portfolio is forecast to generate 262 gigawatt hours of renewable electricity, equivalent to powering 59,000 homes with clean energy and avoiding emissions of 49,000 tonnes of carbon dioxide annually.

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Mobeus Income & Growth 4 VCT PLC - investor in UK unquoted companies - June 30 NAV per share 64.59 pence compared to 74.90p at December 31. Net assets dip over six-month period to GBP54.6 million from GBP59.5 million. Portfolio ends first half valued at GBP33.3 million compared to GBP36.1 million at same point year before. Blames drop in portfolio value on revaluations made following the Covid-19 pandemic."These adjustments were partly market related, but also partly in response to Covid-19's impact on specific market segments and investee companies. In this context it is fortunate that the company's portfolio has a relatively limited exposure to the travel and hospitality sectors," Mobeus adds. NAV total return in first half negative 0.4%. Declares interim dividend of 6.0p, maintains 4.0p annual dividend target.

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APQ Global Ltd - emerging markets income investor - December 31, 2019 book value USD72.9 million versus USD76.4 million at the start of 2019. Book value per share ended 2019 at 93.19 US cents versus 97.84 cents year before. June 30 book value USD24.8 million, with book value per share falling to 31.70 cents. Suspends dividend in cash prevention measure. "During the first quarter of 2020, the company experienced difficult trading conditions in its liquid portfolio due to large market movements in emerging markets currencies, bonds and equities, caused by the Covid-19 pandemic," APQ explains.

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Canadian Overseas Petroleum Ltd - Sub-Saharan African focused oil and gas company - Records net loss of USD919,000 in second quarter versus USD1.1 million loss year before. Net loss in first half narrows to USD1.2 million from USD2.2 million year before. Administrative expenses in six months to June 30 narrow to USD1.3 million from USD2.2 million. "In the second quarter of 2020, management progressed options to finance the company's continuing operation. The company continued to identify, evaluate and pursue exploration and development opportunities in African countries and elsewhere," Canadian Overseas said. Currently, the company does not have material cash inflows or adequate financing to develop profitable operations, it noted. The company is pursuing exploration projects and contracts that will require substantial additional financing before they are able to generate positive cash flows.

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By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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27 Apr 2022 12:16

TRADING UPDATES: Shearwater to beat forecasts; Immotion in US zoo deal

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

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13 Apr 2022 21:56

TRADING UPDATES: Steppe's cement sales up; Atalaya output falls

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

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28 Mar 2022 12:25

IN BRIEF: Octopus Renewables Infrastructure happy with strong 2021

Octopus Renewables Infrastructure Trust PLC - London-based investment company focused on renewable energy assets in Europe and Australia - Net asset value per share ends 2021 at 102.26 pence, rising from 98.26p at same point a year prior. Increases annual dividend to 5.00p from 3.18p. Total NAV return for 2021 at 9.3%. Made six acquisitions in 2021, totalling 179 megawatts of capacity, including wind, solar and construction and operational assets, together with two developer investments, across three new countries in the year.

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21 Mar 2022 15:46

UK earnings, trading statements calendar - next 7 days

Tuesday 22 March 
Alliance Pharma PLCFull Year Results
BioPharma Credit PLCFull Year Results
Circassia Group PLCFull Year Results
Diaceutics PLCFull Year Results
Diurnal Group PLCFull Year Results
IQGeo Group PLCFull Year Results
Longboat Energy PLCFull Year Results
Luceco PLCFull Year Results
MaxCyte IncFull Year Results
MP Evans Group PLCFull Year Results
Oxford Nanopore Technologies PLCFull Year Results
Pebble Group PLCFull Year Results
Real Estate Investors PLCFull Year Results
Sabre Insurance Group PLCFull Year Results
ScS Group PLCHalf Year Results
Softcat PLCHalf Year Results
Staffline Group PLCFull Year Results
Trustpilot Group PLCFull Year Results
YouGov PLCHalf Year Results
Zotefoams PLCFull Year Results
Kingfisher PLCFull Year Results
Wednesday 23 March 
Dignity PLCFull Year Results
ECSC Group PLCFull Year Results
Henry Boot PLCFull Year Results
Judges Scientific PLCFull Year Results
Pendragon PLCFull Year Results
Saga PLCFull Year Results
SigmaRoc PLCFull Year Results
Thursday 24 March 
Arbuthnot Banking Group PLCFull Year Results
Atalaya Mining PLCFull Year Results
Big Technologies PLCFull Year Results
Biome Technologies PLCFull Year Results
Bonhill Group PLCFull Year Results
Bridepoint Group PLCFull Year Results
CVS Group PLCHalf Year Results
Energean PLCFull Year Results
EnQuest PLCFull Year Results
Eve Sleep PLCFull Year Results
International Public Partnerships LtdFull Year Results
Kin & Carta PLCFull Year Results
Next PLCFull Year Results
Safestyle UK PLCFull Year Results
Secure Trust Bank PLCFull Year Results
Sopheon PLCFull Year Results
Starwood European Real Estate LtdFull Year Results
WAG Payment Solutions PLCFull Year Results
Friday 25 March 
Electrocomponents PLCTrading Statement
Faron Pharmaceuticals LtdFull Year Results
Smiths Group Half Year Results
United Utilities Group PLCTrading Statement
Wickes Group PLCFull Year Results
Monday 28 March 
Dialight PLCFull Year Results
RTC Group PLCFull Year Results
LungLife AI IncFull Year Results
Octopus Renewables Infrastructure Trust PLCFull Year Results
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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25 Feb 2022 15:52

UK dividends calendar - next 7 days

Monday 28 February 
AEW UK REIT PLCdividend payment date
Alternative Income REIT PLCdividend payment date
Bankers Investment Trust PLCdividend payment date
City of London Investment Trust PLCdividend payment date
Compass Group PLCdividend payment date
Custodian REIT PLCdividend payment date
Ecofin Global Utilities & Infrastructure Trust PLCdividend payment date
Henderson International Income Trust PLCdividend payment date
Picton Property Income Ltddividend payment date
Polar Capital Global Financials Trust PLCdividend payment date
Polar Capital Global Healthcare Trust PLCdividend payment date
Tuesday 1 March 
JPMorgan China Growth & Income PLCdividend payment date
Wednesday 2 March 
no events scheduled 
Thursday 3 March 
Aberdeen Diversified Income & Growth Trust PLCex-dividend date
abrdn European Logistics Income PLCex-dividend date
Ashmore Group PLCex-dividend date
Atlantis Japan Growth Fund Ltdex-dividend date
Avast PLCdividend payment date
Barclays plcex-dividend date
CareTech Holdings PLC    ex-dividend date
Dechra Pharmaceuticals PLCex-dividend date
Diversified Energy Co PLCex-dividend date
Downing Renewables & Infrastructure Trust PLCex-dividend date
Empiric Student Property PLCex-dividend date
Genus PLCex-dividend date
Hargreaves Lansdown PLCex-dividend date
Hays plcex-dividend date
Henderson Diversified Incomeex-dividend date
HICL Infrastructure PLCex-dividend date
Honeycomb Investment Trust PLCex-dividend date
JLEN Environmental Assets Group Ltdex-dividend date
JPMorgan Global Growth & Income PLCex-dividend date
Jupiter Emerging & Frontier Income Trust PLCex-dividend date
MJ Gleeson PLCex-dividend date
Personal Assets Trust PLCex-dividend date
Real Estate Credit Investments Ltdex-dividend date
Regional REIT Ltdex-dividend date
RM Infrastructure Income PLCex-dividend date
Safestore Holdings PLCex-dividend date
Scottish American Investment Co PLCex-dividend date
TOC Property Backed Lending Trust PLCex-dividend date
Utilico Emerging Markets Trust PLCex-dividend date
VPC Specialty Lending Investments PLCex-dividend date
Warehouse REIT PLCex-dividend date
Wilmington PLCex-dividend date
Friday 4 March 
DWF Group PLCdividend payment date
GCP Asset Backed Income Fund Ltddividend payment date
ICG Enterprise Trust PLCdividend payment date
IG Group Holdings PLCdividend payment date
JPMorgan Claverhouse Investment Trust PLCdividend payment date
Montanaro UK Smaller Cos Investment Trust PLCdividend payment date
NCC Group PLCdividend payment date
Octopus Renewables Infrastructure Trust PLCdividend payment date
Paragon Banking Group PLCdividend payment date
Renew Holdings PLCdividend payment date
Residential Secure Income PLCdividend payment date
Secure Income REIT PLCdividend payment date
Titon Holdings PLCdividend payment date
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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10 Feb 2022 16:08

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

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7 Feb 2022 18:29

TRADING UPDATES: Alphawave teams with Intel; Cadence's Amapa progress

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29 Dec 2021 14:16

Octopus Renewables invests £2.5m in new wind farm development firms

(Sharecast News) - Octopus Renewables Infrastructure Trust has invested £2.5m and agreed to provide up to a further £7.5m in development funding for nine newly-formed joint venture onshore wind farm development companies, it announced on Wednesday, with specialist UK onshore wind developer Wind 2.

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29 Dec 2021 09:29

IN BRIEF: Octopus Renewables invests into nine wind farm companies

IN BRIEF: Octopus Renewables invests into nine wind farm companies

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24 Dec 2021 09:02

IN BRIEF: Octopus Renewables acquires two wind farms in Finland

IN BRIEF: Octopus Renewables acquires two wind farms in Finland

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24 Dec 2021 07:33

LONDON MARKET PRE-OPEN: Reckitt to sell E45 brand for GBP200 million

LONDON MARKET PRE-OPEN: Reckitt to sell E45 brand for GBP200 million

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3 Dec 2021 18:10

IN BRIEF: Octopus Renewables nets GBP73.9 million to expand portfolio

IN BRIEF: Octopus Renewables nets GBP73.9 million to expand portfolio

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30 Nov 2021 19:13

TRADING UPDATES: Zambeef sales continue climb; Watchstone files claim

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19 Nov 2021 19:42

TRADING UPDATES: Kier shareholders protest board pay; Ilika progresses

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19 Nov 2021 16:05

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

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