By Adrian Prendergast
19 August 2021, 1:30 PM
Ahead of the 1H21 result, WPL/BHP Petroleum announced their agreed merger.
Read more...
By Adrian Prendergast
18 August 2021, 9:00 AM
A good 1H21 result for Santos Limited (ASX:STO), with EBITDAX 3% ahead of our estimate and +24% yoy.
Read more...
By Adrian Prendergast
18 August 2021, 8:00 AM
Transformative developments are unfolding at BHP, with our biggest miner moving to divest its entire petroleum portfolio and removing its dual-listed share structure.
Read more...
By Max Vickerson
02 August 2021, 8:00 AM
Origin Energy (ASX:ORG) is writing off c.$1.6bn from its generation fleet and has guided for significantly lower Energy Markets EBITDA in FY22. However, the strength of APLNG’s cashflows is also requiring it to book additional future tax charges.
Read more...
By Adrian Prendergast
05 July 2021, 8:00 AM
With supply-demand fundamentals improving, oil prices have been steadily rising, while equities have surprisingly and materially underperformed.
Read more...
By Max Vickerson
18 April 2021, 4:30 PM
Origin Energy (ORG) has announced an 8% drop in its guidance for FY21 Energy Markets EBITDA due to increased gas prices and ongoing electricity weakness.
Read more...
By Max Vickerson
18 April 2021, 9:00 AM
Genex Power (GNX) is raising $115m in new equity to be ready to reach financial close on the Kidston Hydro project without needing a JV Partner.
Read more...
By Max Vickerson
30 March 2021, 3:20 PM
AGL is investigating splitting into separate retail and generation focused businesses.
Read more...
By Steven Sassine
29 March 2021, 11:50 AM
SOL released its 1H21 result, which highlighted the earnings cyclicality of some of its core businesses (eg NHC, Round Oak). The result overall was broadly positive. Hold maintained.
Read more...
By Adrian Prendergast
10 December 2020, 3:00 PM
We have added Santos (ASX:STO) to Morgans Best Ideas for December 2020. Morgans Senior Analyst Adrian Prendergast explains more.
Read more...