Share Name Share Symbol Market Type Share ISIN Share Description
Sdx Energy LSE:SDX London Ordinary Share CA78410A1075 COM SHS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00p -1.90% 51.75p 51.50p 52.00p 53.00p 51.75p 52.75p 665,009 16:04:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 10.5 -21.6 -31.9 - 105.81

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Date Time Title Posts
18/10/201722:46SDX Energy4,535
08/2/201715:12Sea Dragon220
27/11/201623:25Sea Dragon Energy IncTSXV/Alpha12
23/11/200716:27SONDEX >> Frequent Trader aka Robbie Burns Buys >> Short TermTarget 170p686
03/10/200720:06Red Hot Trader Tom Buloford Buys SDX543

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Sdx Energy (SDX) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2017-10-18 16:15:0053.50250,000133,750.00OK
2017-10-18 16:15:0053.50250,000133,750.00OK
2017-10-18 15:41:5951.6025,00012,900.00OK
2017-10-18 15:15:2351.5010,0005,150.00O
2017-10-18 15:12:3551.982,8741,493.91O
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Sdx Energy (SDX) Top Chat Posts

Sdx Energy Daily Update: Sdx Energy is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker SDX. The last closing price for Sdx Energy was 52.75p.
Sdx Energy has a 4 week average price of 48.50p and a 12 week average price of 42.50p.
The 1 year high share price is 70.75p while the 1 year low share price is currently 21.50p.
There are currently 204,459,708 shares in issue and the average daily traded volume is 893,973 shares. The market capitalisation of Sdx Energy is £105,807,898.89.
griffin81: Brucie5, my targets for SDX are based on forecast cash generation, I mostly ignore the Edison analysis as it is so conservative it does not factor any upside and therefore becomes almost meaningless, instead I calculate my own research (which is my background). I have stated in previous posts I expect net cash generation of above $65milion in 2018 based on 5 successful wells in Morocco and SD-1X coming on stream, that should translate into a share price of between 110p and 120p. With the additional two wells added into the program for Morocco taking it up to 9, and a further two drills added in Egypt taking the program to four, if some of those additional wells are also successful, it will blow the share price potential much wider. I don't have enough details to analyse where the share price could be above that level at this stage, we will have to wait for future new flow, but needless to state if any of those four new wells added are successful, it should translate into a share price well above 120p, and if Kelvin and SD-1X are linked, then all bets are off and I will retire early. Obviously DYOR, but my investment strategy is to buy and hold companies with strong management teams, little downside and significant growth potential; SDX ticks every single box for me and the commencement of the growth potential announcements are due within days.
brasso3: I think the SDX share price has bottomed out around 45p. Looks like we are now starting the climb back into the 50's.
lauders: There is also the piece below which states: That's why Cantor's analysts have identified their highest conviction stock ideas for investors seeking alternatives to UK-listed mid and large cap companies. Very short piece on SDX but at least they are mentioned as one of the eight! SDX Energy (SDX) is oil analyst Sam Wahab's favourite."Investors can look forward to a period of significant drilling activity providing share price catalysts that set the company apart from its AIM listed constituents in our view," he says. "In the current climate, we continue to advocate companies that pursue low cost development/production strategies and SDX has certainly delivered on this criterion, with further running room in the share price to come." We just need a change in sentiment now and then hopefully we will continue an upwards path. hxxp:// (remove the two periods between iii.
tournesol: Pauliewonder The thing to remember is that you are not investing in the company, you are investing in the shares of the company. A quite different thing. (the shares are effectively a derivative rather than the primary underlying entity) It is entirely possible for companies to go from strength to strength whilst their share price goes into retreat. That is not irrational, it's because the share price is a crowd sourced attempt to predict the future of both the co and the market and the wider economy. The crowd in question is subject to mood swings and miscalculations so share prices tend to overshoot and undershoot fair value. Over the long term the oscillations tend to converge. Over the short term they can go all over the place. It should be the aim of an independent investor to buy on the undershoot and sell on the overshoot. In the case of SDX the announcement yesterday represented an under delivery by comparison with the expectations raised previously by the company's communications which now seem to have been somewhat over-optimistic. With the share price having done well over the past year, a disappointment is only going to shepherd the share price in one direction. And today people will ask themselves "has an over-optimistic mind set led to other past statements by the co being too strong? Will Morocco be as easy a success as we have been led to expect? Will production in Egypt be so easy to ramp up?". And these doubts will reinforce the downwards oscillation. I still like the underlying co and the management. I just think the investment case has been over stated and the share price has got ahead of itself. When things get back into synch I expect to be back. Good luck if you decide to practice LTBH and ignore short term fluctuations.
tournesol: Look back at the various analyst reports that followed the SD-1X discovery. Example: Capital Network on 25/4/17 ..Following the SD-1X gas discovery... estimate the risked value of 200-300BCF of gas and 50MMbbl of oil resources to be $165m. We base this risked valuation on the pre-drill third-party assessment, raising the CoS to 67% for a 250BCF of discovered gas resources, and apply a $5/bbl value to 50MMbbl of prospective oil resources with a CoS of 25%. Using the same rationale and applying a CoS of 50%, we estimate the value of a 250BCF remaining gas potential in the South Disouq licence at $80m, which results in an updated ReNAV of $380m, up from pre-drill 3rd party assessment of $180.3m. From the timing of share price movements in relation to news flow since the beginning of this year, we estimate that the impact of the SD-1X well to date is about 21p, or $50m out of our estimated $165m, i.e. 30% priced in….. Point 1 - As evident from the above, the analysts, like me, were expecting 200-300BCF and 50mmbo. Today's RNS has come in with only 180 BCF - and that as 3C which is a long, long, long way from 2P. The 2C figure is only 47BCF. So we are a very long and arduous distance away from 250BCF. And what usually happens is that as reserves mature from 3C to 2C to 2P we see a progressive reduction. ie 2P<2C<3C Point 2 - today's resources numbers are NOT net to SDX. They are gross and relate to the asset which is shared with partners/govt. SDX's share is only a portion. Point 3 - according to the analysis cited above, 21p was already in the price for SD. How much more is left to be factored in? What risk factor should we apply to that? I see the figures released today as being disappointing in comparison with the expectations raised by the comments made by the company after the discovery and at the AGM. My own expectations were in line with Capital Network's. I expect the share price probably will do well in the long term but I think that the short term contribution from SD will be smaller than expected by most. Time will be required for Morocco and for development of the existing producing assets in Egypt. With less support from SD I expect the share price to experience a period of weakness. My holding in SDX was a significant exposure - 10% of my portfolio. Most of the rest is already in cash whilst I reconsider my overall investment strategy. So SDX represented the vast majority of my exposure to equities. I have actually exited completely. I see that as a short term precaution and hope to re-enter at a later date. I wont' mind if that is at a higher price if that goes with an improved risk attached. I won't mind if it is a lower price with the same risk. And I won't much mind if I am proved wrong altogether. It won't be the first time. Good luck to those still holding. My hope is to rejoin you when the circumstances are propitious.
tournesol: Neo et al .. Sdx have had a material gas find and they increase only by 5p…. Nothing puzzling here at all. Markets anticipate. Before drilling the market took into account the possibility of gas being discovered. Obviously the actual discovery should logically boost the share price because uncertainty has been removed. BUT before drilling the market also took into account the possibility of oil being discovered in the deeper targets. The drilling result on those came back negative so logically you'd expect the share price to suffer. At a logical level the boost and the suffering have cancelled each other out. At an emotional level, investor sentiment has been bruised - some investors were irrationally over-optimistic and have felt disappointed at the lack of oil - so sentiment has weighed heavily on the share price. Together the result is a lower share price. It will pass. Just be patient. I have not seen a better investment in E&P for many years and I do not say that lightly. I expect to make a multiple of my investment here.
orinocor: yes circle were in trouble but there are a lot of o&g companies looking to buy cheap assets. Therefore there should have been a lot of interest in these assets and so circle should have got a good price. Come on guys, none of this makes any sense. Either circle have got a rotten deal or SDX have got a great one. The rise in the SDX share price says it's SDX who got the great deal and the Circle guys don't know what they are doing. I've been round long enough to know when something smells off and something's not right here.
micktrick: I've been reading that the average p/e ratio for oil & gas companies is 25.4. Given the current p/e of about 2, is it too simplistic to suggest that the SDX share price should be about 12 times higher?
potential: Cantor repeated a 'buy' recommendation and the target rises to 78p from 71p, which at the new level represents some 125% upside to the current SDX share price of 34.25p.The transformational deal will see SDX increase net production by almost 250% to 4,705 barrels oil equivalent per day. Reserves, meanwhile, rise by 64% to 12.03mln barrels oil equivalent (boe).
potential: Cantor's target rises to 78p which represents some 125% upside to the current SDX share price of 34.25p!!!
Sdx Energy share price data is direct from the London Stock Exchange
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