Pharos Energy Share News (PHAR)

EARNINGS: Aurora hails AI potential; Technology Minerals optimistic

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

SMALL-CAP WINNERS & LOSERS: James Fisher rises as sells RMSpumptools

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

UK earnings, trading statements calendar - next 7 days

Director dealings: Ceres Power, Pharos Energy insiders buy shares

(Sharecast News) - In market disclosures made on Tuesday, directors at Ceres Power and Pharos Energy engaged in transactions related to their respective companies.

UK dividends calendar - next 7 days

Pharos Energy says portfolio promises growth and returns in 2024

(Alliance News) - Pharos Energy PLC on Tuesday said it had "significant operational momentum" for 2024, despite modest financial results in 2023.

Jefferies downgrades ratings for Tullow Oil and EnQuest

(Sharecast News) - Jefferies has downgraded its ratings for UK-listed oil and gas peers Tullow Oil, EnQuest, Capricorn Energy and Pharos Energy as part of its review of the sector on Thursday.

LONDON BROKER RATINGS: Jefferies cuts Tullow; Berenberg likes Volex

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

UK dividends calendar - next 7 days

IN BRIEF: Pharos Energy shares go down despite continuing buybacks

Pharos Energy PLC - London-based oil and gas exploration and production company, with assets in Vietnam and Egypt - Declares 0.33 pence per share interim dividend for 2023, despite not proposing one when announcing its half year results in mid-September. The dividend amounts to a total payout of approximately USD1.8 million.

SMALL-CAP WINNERS & LOSERS: Pharos Energy rises as oil prices spike

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

Pharos Energy narrows guidance as revenue and profit go down

(Alliance News) - Pharos Energy PLC on Wednesday said half-year profit and energy both decreased but said the period was marked by a "strong operational performance".

SMALL-CAP WINNERS & LOSERS: On the Beach rises on "record" results

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Pharos Energy interim revenue falls as oil output declines

Pharos Energy PLC - London-based oil and gas exploration and production company focused on South East Asia and the Middle East - Revenue in the six months to June 30 drops 33% annually to USD86 million from USD129 million, amid lower production. Working interest production declines 13% annually to 6,915 barrels of oil equivalent per day net from 7,961 boepd net a year prior. Production in Vietnam falls 5.0% to 5,566 from 5,861 boepd net, while in Egypt output declines 36% to 1,349 from 2,100 boepd net. Cash balance as at June 30 falls 24% to USD36 million from USD47.5 million a year prior. Net debt narrows to USD16 million from USD38.1 million. Posts no hedging loss compared to USD17 million a year ago. Forecast capital expenditure for full year 2023 is USD23 million, down 21% from the forecast capex of USD29 million for 2022.