We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| I3 Energy Plc | LSE:I3E | London | Ordinary Share | GB00BDHXPJ60 | ORD 0.01P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| -0.10 | -0.90% | 11.00 | 4,987,735 | 16:35:09 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 10.90 | 10.96 | 11.14 | 10.62 | 10.98 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Crude Petroleum & Natural Gs | 208.44M | 41.95M | 0.0349 | 3.14 | 131.73M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 17:59:32 | O | 2,939 | 11.00 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 25/4/2024 | 07:00 | UK RNS | i3 Energy PLC 2024 Capital Budget and Production Guidance |
| 23/4/2024 | 07:00 | UK RNS | i3 Energy PLC NOTICE OF 2024 AGM |
| 17/4/2024 | 12:35 | UK RNS | i3 Energy PLC Partial Sale of the Company's Royalty Assets |
| 15/4/2024 | 12:16 | UK RNS | i3 Energy PLC Result of GM, Approval of Share Capital Reduction |
| 04/4/2024 | 07:00 | UK RNS | i3 Energy PLC 1st Qtr 2024 Dividend Declaration |
| 26/3/2024 | 07:00 | UK RNS | i3 Energy PLC Reduction of Share Capital |
| 25/3/2024 | 07:01 | UK RNS | i3 Energy PLC CAD 75 Million RBL & Settlement of Existing Loan |
| 25/3/2024 | 07:00 | UK RNS | i3 Energy PLC i3 Energy Canada Ltd. Announces 2023 Reserves |
| 11/3/2024 | 07:00 | UK RNS | i3 Energy PLC Reduction of Capital |
| 26/2/2024 | 07:01 | UK RNS | i3 Energy PLC Q4 2023 Operational and Financial Update |
I3 Energy (I3E) Share Charts1 Year I3 Energy Chart |
|
1 Month I3 Energy Chart |
Intraday I3 Energy Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 26/4/2024 | 21:55 | I 3 Energy | 36,206 |
| 25/4/2024 | 11:55 | I3 Energy - Growing production and Dividends with Exploration upside. | 3,821 |
| 06/3/2024 | 13:45 | Buyout | 28 |
| 16/2/2024 | 09:52 | Divi | 32 |
| 03/10/2023 | 17:28 | Time to Buy | - |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 16:59:40 | 11.00 | 2,939 | 323.29 | O |
| 16:35:37 | 10.94 | 312,718 | 34,201.97 | O |
| 16:23:36 | 11.00 | 11,031 | 1,213.41 | O |
| 16:09:25 | 10.91 | 23,109 | 2,522.12 | O |
| 15:51:53 | 10.91 | 54,896 | 5,989.15 | O |
| Top Posts |
|---|
Posted at 26/4/2024 09:20 by I3 Energy Daily Update I3 Energy Plc is listed in the Crude Petroleum & Natural Gs sector of the London Stock Exchange with ticker I3E. The last closing price for I3 Energy was 11.10p.I3 Energy currently has 1,201,874,464 shares in issue. The market capitalisation of I3 Energy is £131,725,441. I3 Energy has a price to earnings ratio (PE ratio) of 3.14. This morning I3E shares opened at 10.98p |
Posted at 26/4/2024 08:18 by tonynorstrom1 Fanny you toe rag and big bucket of @rse – get back into your cage with bumble!But to answer the question on what’s my hypothesis now - not that you would understand: From yesterday’s update: Negatives: No news on any acquisitions or other transactions that some were expecting Lower than EXPECTED forecasted production and NOI – this should not have been any surprise - if you had taken the Q4 production numbers and factored in the 15% corporate decline rate – the forecasted production and NOI are exactly where they should be. The only way they were going to avoid a year-on-year production decline was by acquisition. Positives: A very strong capital program which should see production closing out the year at above 21,000 boepd WHI increased their price target – so they took the update positively 2 Montney Wells to be drilled in H2 – these are Oil weighted wells and i3e’s neighbours have been drilling wells that exceed 1000 boepd. I3e confirmed its intention to payout the dividend at current levels for the remainder of the year. I3e to commence its Simonette Montney pad development drilling in Q1 2025 – this could move the needle materially. This is where they drill multiple wells from a single pad or nearby pads significantly reducing the unit cost of each well. I believe this signals their intention to commence a significant drill program initially with 3 or 4 wells or more in the Montney in H1 2025 – 4 x 1000 boepd Oil Weighted – lovely jubbly and remember they have around 200 potential drilling locations identified Conclusion: The market did not understand the update and massively overreacted to yesterday’s RNS which in my opinion was not bad and in fact had several positives - WHI seemed to think so anyway. I think once the market has digested the news – the share price will start drifting back up particularly if and when AECO pricing starts getting back to more normal levels. |
Posted at 25/4/2024 11:52 by ashkv If I3E share prices plummets to 9p than based on 13% Guided 2024 Capital Return at and I3E Share Price of 12.66pAt a share price of 9p Net Payout Yield -> (BuyBacks + Dividend + Special Dividend) would be 18.33%!!! Any falls to between 8 and 9p are compelling buying opportunites!!! "Return of Capital As part of its total return model, the Company remains committed to delivering a sustainable monthly dividend to complement its organic growth profile. Since initiating its dividend programme in July 2021 i3 has paid total dividends of £37.2 million (USD 47.4 million). Based on its recent elimination of all corporate bank indebtedness and forecasted 2024 guidance, i3 expects to deliver minimum total 2024 dividends of £12.3 million (USD 15.7 million). Subject to Board approval, the 2024 forecasted dividend, representing 0.2565 pence per share per quarter or 1.026 pence per share for the year, translates to a forward yield of 8.1% based on the closing price of i3's ordinary shares of 12.66 pence on 23 April 2024. Based on projected year-over-year production growth and anticipated dividend yield, the Company expects to deliver a total Shareholder return of 11% - 13% in 2024. " |
Posted at 25/4/2024 11:03 by ashkv With AECO prices near CAD$1 it is criminal to forecast any new gas wells - the guidance should have put in place a caveat unless gas prices above CAD2 no new gas wells will be drilled other than commitment wells!!!Also would appreciate clarity as to decline rates!!! I3E harp on about low decline wells!! Please share the data!!! Share Price: 11.25 I3E Current Share Price vs 52 Week low of 8.25p on 7 Feb 24: 36.36% I3E Current Share Price vs 52 Week High of 20.05p on 28 April 23: -43.89% Brent Price: $88.00 AECO Gas Price ($CAD): hxxps://www.dailyoil Shares Outstanding : 1,201,874,464 Market Cap (GBP) : £135,210,877 GBPUSD : 1.25 CADUSD: 0.73 Market Cap (USD) : $169,013,597 Debt (USD): Not Available Cash (USD) No Q4 Update): Not Available Net Debt (USD) Mid Projected Year End 2024 (US$23-26Mn: $24,500,000 Q4 2023 Average Production : 20,413 1W Feb 2024 Average Production Boepd : 19,654 2024 Production Mid-Guidance 18,000-19,000 Boe/d: 18,500 2024 Mid-Guidance Exit Production 20,250-21,250 Boe/d: 20,750 Actual 2023 Average Production: 20,711 Decommissioning Provisions HY 2023 Results): $106,208,750 ENTERPRISE VALUE (EV = Market Cap + Debt - Cash) (USD) : $193,513,597 EV/Barrel (Q4 2023 Prod) : $9,480 EV/Barrel (1Wk Feb 2024 Avg Production Boepd) : $9,846 EV/Barrel 2024 Production Mid-Guidance: $10,460 EV/Barrel 2024 Mid-Guidance Exit Production $9,326 EV/Barrel (2023 Actual Avg Production) : $9,344 EV/Barrel (2023 Actual Production with EV including Decommissioning Costs as Debt) : $14,472 2P Resources 31 Dec 23 (2022 YE 181.5mmboe 2021 YE 154mmboe): 179.9mmboe Enterprise Value Per Barrel / 2P Resources: $1.08 2024 Annualized Dividend Yield: 9.12% |
Posted at 25/4/2024 08:33 by tonynorstrom1 Its clearly written in the RNS what the expected dividend is for 2024 - its the current dividend with no special dividend i.e. no increase.With regards to the total return - i3e are assuming that the share price will move up inline with the additional capex / production. Maybe a little unusual to state it like this but actually no different to when Companies include share buybacks in the returns to shareholders. Buybacks dont automatically increase the share price (though they should) in the same way that additional production doesnt automatically increase the share price (though it should) but both are refered to as shareholder returns. And its actually not the first time i3e have refered to returns this way. A very strong / capex capex program - the ship is moving forward ! existing production or average production for 2024 looks to be a little on the low side. Not sure why this is - perhaps they have had to shut in some gas - perhaps this is the reason the share price reaction is a little muted this morning. Also many were expecting some news on acquistions - this could still come. |
Posted at 25/4/2024 08:11 by rockyride Graham - sorry but he can not be saying thet. There is NO WAY that the NOMAD would allow an RNS to forecast any share price growth. I've read it a few times and can not be certain what he is saying.My best guess is that he is using the 12.66p from now until 31/12/24, whilst also using the 1/1/24 to 24/4/24 price into a 12 month average share price And as we've averaged < than 12.66p YTD the 8.1% would rise. However, my thought here is floored as he quotes 11% - 13% would be a finite % and not a range.So all in all, I have not got a clue what we are being told and I find it poor communication. Why cant this company just give us the message as opposed to writing it in a way that can be interpreted differently. Maybe he will explain clearly on some media over the next few days. |
Posted at 20/4/2024 11:30 by pretax2 Thanks for the valuation Tony. Useful to know if there were a TO bid I suppose. Otherwise fairly useless.As an investor, what has value to me is the share price not the company valuation. If the share price reflected the value of the company I might be interested, but I’d say it’s wildly unrepresentative. I’m with the guy who constantly writes 30p (Kirby something). Not because he does this, but that’s where I believe the share price will be in January 2025. No slide rule or metics, gut feeling based on my take of sentiment towards the company and its track record of delivering a wild and frothy ride. Go ahead and tell me that’s a crazy share price, but ‘crazy’ is what LSE AIM serves up. |
Posted at 19/4/2024 09:16 by roundtheworld TonyYour calculations confuse theory and hope with reality. You could make the same mistake with most companies. Barclays for example should trade at 3 times it’s current share price based on fundamentals. The good news this morning is that the latest air strikes by Israel into Iran seem like a few token fire works and Netanyahu is at last showing some restraint. Let’s hope this is the start of more peaceful times particularly in Gaza. Oil should now also come down in price which will help us all at the petrol pumps and offset some of the pain you’ll feel with a retrace in share price here. For those who say I’m all doom and gloom…it just isn’t so. |
Posted at 18/4/2024 08:44 by rockyride Genesis - I like quite a lot of your post 13 hours ago but re the move from AIM to main market, I have a few questions:-1 what do you see the pros and cons of doing this to be for i3E?2 do you know the latest 3 O&G companies who've do this?Things are looking a it perkier here now but AECO still remains a concern of mine. Having said that, I've been adding in mine and the Mrs long term ISAs (the ones we build dividend payments from) and rarely sell from these accounts. In fact most of the holdings in them are in FTSE350 companies, so i3E are privileged to be in there with them.For completeness and being transparent, I have been adding in our LT ISAs for the following 3 main points1 I see POO remaining relatively high for the foreseeable future, mainly due to lack of CAPEX spend and embedded supply / demand issues.2 China economy seems to be waking up even given their property issues3 I see the supply demand issues of hydrocarbons flowing through to gas within the next 6 to 24 months and then remaining strong4 I see i3E having better chances of acquiring production now that they are significantly re-structuring their finances5 I also see them organically growing their own production which I've not seen possible until recently 6 Great to see the reduction of debt and interest payments7 I now see this as a company that could grow share price and distributions of the medium to long term8 Im not buying for a dividend increase or buy back program increase as none of us can forecast those.All in all a far better proposition and am now a LTH - GLA |
Posted at 22/3/2024 07:12 by goodday1 They very much look like a very respectable buys, mate.We had the same situation last time when the share price did not move despite all the buys.We were averaging up continuously & then the share price kept going up & we kept buying.As they say, the rest is history.The millions we bought at that placing & then buying off the market as the share price dipped below the placing price, still today helped our overall average to be in profit.Good morning all.See you next week & enjoy the silence of the Lamb.Gl all |
Posted at 06/3/2024 07:26 by tonynorstrom1 Here’s an interesting Company to Compare i3e with: Pine Cliff Energy (lots of interesting info on Gas / Gas Outlook in their presentation)[...] Key Take Aways: Similar production to i3e at around 21,000 boepd, however 80% Gas Low-cost producer – SG&A less than 50% 0f i3e’s, Opex around 15-20% less Significantly lower revenues than i3e Low declines – less than 10% v i3e at around 15% Debt similar at around CAD 55m Highly regarded Management Market cap double that of i3e Reserves of less than 50% of i3e’s both on a boe basis and NPV10. March dividend CAD 0.005 = 5.5% running yield Lower Capex requirement due to business model/low decline rates Significantly higher (30-40%) long term decommissioning liabilities than i3e Conclusions I cannot understand why Pine Cliffs market cap sits at twice that of i3e – the numbers tell me that we should be rated no lower and perhaps at a premium to Pine Cliff. Whilst Pine Cliff have certain advantages such as lower costs (opex, capex & SG&A) – these are more than offset by i3e’s higher revenues, higher reserves and lower ARO’s - not to mention i3e’s higher dividend (which they can afford to pay - just). The only reason I can come up with is that perhaps their Management is rated higher by Investors. They also have their primary listing in Canada – should that make such a big difference?? All in my opinion - DYOR ! |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
