The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksZenith Energy Share News (ZEN)

Share Price Information for Zenith Energy (ZEN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.90
Bid: 1.80
Ask: 2.00
Change: 0.00 (0.00%)
Spread: 0.20 (11.111%)
Open: 1.90
High: 1.90
Low: 1.90
Prev. Close: 1.90
ZEN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK WINNERS & LOSERS SUMMARY: Pets At Home Up 15% On June Sales Bounce

Fri, 31st Jul 2020 11:28

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.

----------

FTSE 100 - LOSERS

----------

International Consolidated Airlines Group, down 9.4%. Swung to a loss in its first half due to Covid-19 travel restrictions, confirmed a EUR2.75 billion equity raise, and picked a new chair. Revenue for the three months to June 30 was GBP703 million, plunging 89% year-on-year from GBP6.73 billion. Pretax loss for the quarter was GBP2.32 billion, swinging from a profit of GBP921 million. For the six months to June, pretax loss was EUR4.21 billion, swinging from a profit of GBP1.01 billion the year prior. Revenue in the half-year dropped to EUR5.29 billion from GBP12.03 billion. Confirmed plans to raise EUR2.75 billion from a pre-emptive share subscription and largest shareholder Qatar Airways backs proposal. Chair Antonio Vazquez - who reached nine years in office last January - will retire early January 2021. He will be succeeded by Independent Director Javier Ferran.

----------

BT Group, down 3.5%, first quarter earnings suffered from a lack of live sport and the telecommunications firm forecasts a fall in annual revenue. In the three months to June 30, BT's revenue fell 6.8% to GBP5.25 billion and its pretax profit fell 13% to GBP561 million. Forecasts adjusted revenue to fall between 5% and 6%. Adjusted earnings before interest, tax, depreciation and amortisation are expected between GBP7.2 billion and GBP7.5 billion, at best a 5.1% decline. Rob Shuter, outgoing chief executive officer of Johannesburg-listed telecoms firm MTN Group Ltd, is named as the new head of the BT Enterprise business communications unit.

----------

FTSE 250 - WINNERS

----------

Pets At Home, up 15%, total revenue in the first quarter ended July 16 was down 1.0%, but the pet care supplies firm saw like-for-like sales bounce toward the end of the quarter. In the four weeks to June 19, like-for-like sales were up 15%, recovering from a 23% fall in the four weeks to March 27.

----------

FTSE 250 - LOSERS

----------

Petropavlovsk, down 5.7%, 31%-owned investee IRC reports 8.1% quarter-on-quarter improvement in iron ore concentrate production. Sales rise 8.5%. For the first half, Output rose 14% year-on-year, with sales up 12%. On Thursday, proxy advisor recommended Petropavlovsk shareholders vote in favour of the board recommendations of 20% shareholder Prosperity Capital Management and against those of 7.5% holder Everest Alliance Ltd.

----------

OTHER MAIN MARKET AND AIM - WINNERS

----------

Thor Mining, up 31%, reports "visible" gold from samples of Pilbara tenements, Western Australia. "To find visible gold in multiple sites in very close proximity to previous gold samples is very encouraging," notes Executive Chair Mick Billing.

----------

Tiziana Life Sciences PLC up 14%, submits patent application for nasal administration of Foralumab, a potential treatment for Covid-19 patients.

----------

Reneuron Group up 13%, after cell-based therapeutics firm granted a patent by US Patent & Trademark Office. Patent relates to its hRPC cell-based therapeutic candidate aiming to treat retinal diseases.

----------

OTHER MAIN MARKET AND AIM - LOSERS

----------

Coro Energy, down 17%, Asia-focused upstream oil and gas firm reports termination of agreement with Zenith Energy for proposed sale of Coro's Italian portfolio. Coro will continue to "prioritise" the divestment of non-core Italian operations. Zenith shares are down 7.9%

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
2 Sep 2022 11:54

IN BRIEF: Zenith Energy shares rise with record revenue in Italy

Zenith Energy Ltd - Calgary, Canada-based oil & gas company - Produces a total of approximately 985.6-megawatt hours in August from the operations at its Torrente Cigno Concession in Italy. Records net revenue of roughly EUR530,000, as electricity prices average EUR538 per megawatt hour. States that the revenue represents a record.

Read more
30 Aug 2022 16:13

TRADING UPDATES: Thor Explorations, Zenith Energy post swing to profit

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

Read more
18 Aug 2022 12:44

IN BRIEF: Zenith Energy posts record electricity profit in Italy

Zenith Energy Ltd - Calgary, Canada-based oil & gas company - Updates on electricity production at Torrente Cigno Concession in Italy over July. Produces around 996.5 megawatt hours. Brings in EUR417,000 in revenue on average electricity prices of EUR419 per MWh. Says net production costs remain fixed at around EUR35,000. The month is "the highest profitability" ever achieved in Italy by the firm, it says.

Read more
13 Jul 2022 15:34

IN BRIEF: Zenith Energy plans to reactivate the Sant'Andrea concession

Zenith Energy Ltd - Calgary, Canada-based oil & gas company - Says it is finalising plans to reactivate the Sant'Andrea natural gas production concession, onshore Italy, in which it holds a 40% interest through its Italian subsidiary. Production is expected to start in the final quarter of 2022. The concession covers 164.3 kilometres. It was first granted in 1992 and is due to expire in 2027. Two wells have been drilled in the concession, Antonio-1 and Anzano-1. Company intends to reactivate the Antonio-1 well, with an expected initial production rate of 1,300 cubic metres of natural gas a day. Estimated net revenue are expected between EUR40,000 to EUR50,000 per month.

Read more
24 Jun 2022 10:16

IN BRIEF: Zenith Energy returns to production at Robbana in Tunisia

Zenith Energy Ltd - Calgary, Canada-based oil & gas company - Confirms that the ROB-1 well at the Robbana concession in onshore Tunisia has returned to production following the installation of a new packer. The well is currently producing at a rate of 30 barrels of oil per day. Company says a production rate between 40 and 50 barrels of oil per day may be achieved once the well is given time to stabilise.

Read more
14 Jun 2022 16:06

IN BRIEF: Zenith Energy eyes increased electricity production in Italy

Zenith Energy Ltd - Calgary, Canada-based oil & gas company - Produces a total of 875.6 megawatt hours at its Torrente Cigno concession in Italy during the month of May. Electricity prices during the month averaged EUR223 per megawatt hours, resulting in net revenue of EUR195,000. Zenith adds that its current production costs remain fixed at EUR35,000 per month.

Read more
31 May 2022 20:01

TRADING UPDATES: Cloudbreak signs royalty agreement; TomCo drills

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

Read more
3 May 2022 21:55

TRADING UPDATES: Vela, Standard Life Investments up portfolio value

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

Read more
22 Apr 2022 15:17

TRADING UPDATES: Itaconix fundraise; Graft Polymer, MGC in patent wins

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

Read more
22 Apr 2022 11:02

SMALL-CAP WINNERS & LOSERS: Zenith sells Tunisian oil in strong market

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

Read more
17 Mar 2022 19:43

TRADING UPDATES: 4Global to top forecasts; Nanoco wins deal

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

Read more
4 Mar 2022 21:44

TRADING UPDATES: Resolute Mining ups mine life and mineral resources

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

Read more
4 Mar 2022 10:52

SMALL-CAP WINNERS & LOSERS: Zenith repays loan; Gore Street buys

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

Read more
2 Mar 2022 21:15

IN BRIEF: Zenith does not renew option to pick up stake in Nobel Hill

Zenith Energy Ltd - Calgary, Canada-based oil & gas company - Decides to not renew its option agreement with Noble Hill-Network Ltd for the purchase of a 42% interest in the latter's share capital.

Read more
28 Jan 2022 07:02

IN BRIEF: Zenith Energy to hold 114,000 barrels crude oil in Tunisia

IN BRIEF: Zenith Energy to hold 114,000 barrels crude oil in Tunisia

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.