London close: Stocks slip into red on growing Middle East concerns

9th Oct 2023 15:40

(Sharecast News) - London's financial markets closed in the red on Monday, relinquishing earlier gains as geopolitical tensions emanating from the Israel-Gaza conflict hit global sentiment.

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Energean cuts output guidance despite strong H1

7th Sep 2023 07:55

(Sharecast News) - Shares in Energean slumped on Thursday despite the natural gas company reporting an impressive jump in first-half sales and adjusted profits, as it cut its production guidance for 2023.

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Energean prices debt sale

28th Jun 2023 07:28

(Sharecast News) - Energean announced a deal to roll over part of its debt.

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Energean cuts production guidance; Sees Olympus decision end-year

18th May 2023 08:19

(Sharecast News) - Eastern Mediterranean gas producer Energean cut production guidance and said it expected to make a final investment decision on its Olympus fields off Israel by the end of this year.

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Energean profits rise, sees higher output in 2023

23rd Mar 2023 07:52

(Sharecast News) - Shares in Energean surged on Thursday as the gas producer almost doubled annual 2022 profits and said it expected output this year would reach 131,000-158,000 barrels of oil equivalent (boed) per day after the launch of its main Karish field off Israel.

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Energean delivers first gas offshore Egypt

9th Mar 2023 13:37

(Sharecast News) - Energean said on Thursday that first gas had been safely delivered at North El Amriya (NEA) and North Idku (NI), offshore Egypt.

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Berenberg lowers target price on Energean

23rd Jan 2023 12:06

(Sharecast News) - Analysts at Berenberg lowered their target price on exploration and production company Energean from 1,750.0p to 1,580.0p on Monday, as a slower than expected ramp-up created cause for concern despite the company's solid cash flow story.

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Energean shares slide despite 'strong' financial performance

19th Jan 2023 08:03

(Sharecast News) - Energean shares were in the red on Thursday morning, despite the company describing a "strong" financial performance for 2022 in a trading update.

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Energean lifts production outlook as Karish field comes onstream

17th Nov 2022 07:59

(Sharecast News) - East Mediterranean-focused oil and gas producer Energean on Thursday lifted annual production guidance as its Israel Karish gas field came onstream.

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Energean reports commercial find at Zeus well, upgrades Athena reserve

7th Nov 2022 07:17

(Sharecast News) - Energean said its Zeus-01 exploration well off the coast of Israel had made a commercial gas discovery of 13bn cubic metres of gas and it was now conducting post-well analysis of the find.

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Energean makes commercial gas discovery offshore Israel

6th Oct 2022 08:45

(Sharecast News) - Energean said on Thursday that the Hermes exploration well offshore Israel has made a commercial gas discovery and it has now moved on to another block to drill the Zeus structure.

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Berenberg lowers target price on Energean

9th Sep 2022 09:15

(Sharecast News) - Analysts at Berenberg raised their target price on exploration and production outfit Energean from 1,540.0p to 1,750.0p on Friday, stating the group was delivering on both production and dividends.

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Energean declares maiden quarterly dividend

8th Sep 2022 09:01

(Sharecast News) - Exploration and production company Energean declared its maiden quarterly dividend on Thursday as the group delivered a set of "strong" operational and financial results.

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Director dealings: Energean CEO sells 5m shares to institutional investors

24th Jun 2022 12:45

(Sharecast News) - Energean found itself on both sides of the ledger on Friday, after it disclosed transactions linked to both its chief executive officer and its chair.

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Energean tumbles as CEO sells 5m shares

24th Jun 2022 08:49

(Sharecast News) - Energean shares tumbled on Friday after top shareholder Growthy Holdings - which is owned by the group's chief executive Mathios Rigas - sold 5m shares.

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