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Share Name Share Symbol Market Type Share ISIN Share Description
Xcite Energy LSE:XEL London Ordinary Share VGG9828A1194 ORD SHS NPV (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.375p -4.69% 7.625p 7.25p 8.00p 8.00p 7.25p 7.51p 685,541 16:35:07
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -1.7 0.3 25.4 23.63

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Date Time Title Posts
23/7/201602:44Xcite Energy.... From EWT tests to Phase1B60,037
18/7/201622:38The Fall, heavy drinking, Northern England...317
28/6/201613:282016 - A Year of Recovery?178
17/6/201613:00Again she goes calling ADVFN criminals - BAN HER NOW!5
17/6/201608:24Xcite Energy: 30p or 300p?240

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Xcite Energy (XEL) Top Chat Posts

DateSubject
25/7/2016
09:20
Xcite Energy Daily Update: Xcite Energy is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker XEL. The last closing price for Xcite Energy was 8p.
Xcite Energy has a 4 week average price of 8.17p and a 12 week average price of 10.86p.
The 1 year high share price is 32.25p while the 1 year low share price is currently 6p.
There are currently 309,930,421 shares in issue and the average daily traded volume is 405,355 shares. The market capitalisation of Xcite Energy is £23,632,194.60.
23/6/2016
17:38
11_percent: Good post Fromm iii. 11:15 Re: Moving Forwards: Antiques Of Woodstock 2 Good morning All Thinking things through further: The total number of XEL shares in circulation: 309,930,421. The Bond Holders are collectively owed $139 million which equates at today’s exchange rate to £96.8 million. Current XEL Share Price: 8 Pence. Assuming an 'equity for debt' swap at no discount 'par value' to the current Share Price – the company would have to issue a further 1,210,000,000 shares taking the total amount of XEL shares in circulation to 1,519,930,421. This would leave the Bond Holders collectively owning 1,225,919,421 shares (including the 15,919,421 already owned – thanks Rosey5464 for that info) Should this happen the Bond Holders would end up collectively owning just under 81% of the company. The Bond Holders with that percentage have total control of the company and can do with it whatever they wish – including acting in unison as a Concert Party to buy out the remaining 19% of the shares which we currently own at the highest price they have paid for a share in the preceding 12 months. Alternatively with a 75% or greater shareholding the Bond Holders can de-list XEL from AIM leave us a minority shareholders with no market for our shares - other than the possibility of a matched bargain service which would be totally unsatisfactory. Therefore logic would dictate that our management have to either default on the debt and take the company into insolvency with a view to an unencumbered Bentley being offered for sale as a stand alone asset with a view to achieving the best price possible on the open market with any amount realised over what is owed in settlement of debts being returned to shareholders – or – restructure the debt with the Bond Holders collectively taking a non controlling equity percentage interest in the company. I along with others will be incensed if our management go for the former having ‘cut a deal’ with the Bond Holders whereby they continue to 'run the show’ putting personal salary objectives above those of us shareholders who have long supported the company. The Bond Holders will have to make a ‘call’ as to whether the 'closed period discussions' that are ongoing have a better chance of returning them a greater financial outcome than Bentley being sold off at this time. I believe the above to be the logical course of events moving forward. Good luck all…
19/6/2016
14:25
11_percent: Good post Fromm iii. 11:15 Re: Moving Forwards: Antiques Of Woodstock 2 Good morning All Thinking things through further: The total number of XEL shares in circulation: 309,930,421. The Bond Holders are collectively owed $139 million which equates at today’s exchange rate to £96.8 million. Current XEL Share Price: 8 Pence. Assuming an 'equity for debt' swap at no discount 'par value' to the current Share Price – the company would have to issue a further 1,210,000,000 shares taking the total amount of XEL shares in circulation to 1,519,930,421. This would leave the Bond Holders collectively owning 1,225,919,421 shares (including the 15,919,421 already owned – thanks Rosey5464 for that info) Should this happen the Bond Holders would end up collectively owning just under 81% of the company. The Bond Holders with that percentage have total control of the company and can do with it whatever they wish – including acting in unison as a Concert Party to buy out the remaining 19% of the shares which we currently own at the highest price they have paid for a share in the preceding 12 months. Alternatively with a 75% or greater shareholding the Bond Holders can de-list XEL from AIM leave us a minority shareholders with no market for our shares - other than the possibility of a matched bargain service which would be totally unsatisfactory. Therefore logic would dictate that our management have to either default on the debt and take the company into insolvency with a view to an unencumbered Bentley being offered for sale as a stand alone asset with a view to achieving the best price possible on the open market with any amount realised over what is owed in settlement of debts being returned to shareholders – or – restructure the debt with the Bond Holders collectively taking a non controlling equity percentage interest in the company. I along with others will be incensed if our management go for the former having ‘cut a deal’ with the Bond Holders whereby they continue to 'run the show’ putting personal salary objectives above those of us shareholders who have long supported the company. The Bond Holders will have to make a ‘call’ as to whether the 'closed period discussions' that are ongoing have a better chance of returning them a greater financial outcome than Bentley being sold off at this time. I believe the above to be the logical course of events moving forward. Good luck all…
31/3/2016
20:24
leedskier: There is an irony about it too. A couple of weeks or ago when the price spiked to twenty odd pence the brokers put out an RNS on behalf of XEL disclaiming any reason for the rise, even though the price fell someway short of the broker's target price. Why did the brokers not simply comment that the recovery in the share price still was well short of its target price?
04/3/2016
12:30
johnduncaninnes: Just a reminder about the junk Liberium said in the past Note - This months story is the same as then its just the price is 90% lower Questions are - can they raise finance (Answer=No) How much will development to production cost (answer=Unknown) Will it be done on time as Ithaca and Enquest both hope for their fieldsa (Answer=Unlikely) What will Oil price be by then (We do not knbow if higher or lower) What is NPV of projected cash flow including capex (Answer=Noone has a clue) As for Liberium:- Xcite Energy a ‘compelling opportunity’, says Liberum Capital 11:10 31 Oct 2012 Xcite Energy (LON:XEL, CVE:XEL) offers a compelling opportunity for investors to access rare heavy oil expertise, says City broker Liberum. It is currently on the cusp of developing the Bentley heavy oil field in the North Sea, with first production possibly coming next year. Two weeks ago Xcite completed the first part of its development programme for the oil field, which comprised a number of production tests designed to gain an insight into the field’s longer term production profile. It was a significant milestone the field’s development that moved Xcite closer to securing remaining project finance, which should in turn lead to approval from the UK Department of Energy and Climate Change (DECC). And it will mark the end of a period of perceived uncertainty for investors, according to Liberum analyst Andrew Whittock. Highlighting the significant volatility in the shares over the last two years, Whittock says there were legitimate concerns over the value of the Bentley driven by the perceived difficulty, cost and technical issues associated with heavy oil. But he now believes there should now be greater confidence in the commerciality of the field following the recently completed testing programme, as well as the initial financing arrangements that have been put in place – which includes a $155 mln reserves based loan (RBL) from a banking consortium. “The due diligence undertaken by the banks will have included a thorough assessment of technical risks and the offer of a debt facility demonstrated confidence in the project’s long term viability,” Whittock said in a note. “We believe the recent extended well test should have addressed any residual concerns and anticipate this will be confirmed by the unconditional availability of RBL funds, expected to be announced early next year.” As such Whittock believes the investment case has been de-risked and there is significant upside in the share price. In today’s initiating note the Liberum analyst rated the North Sea firm as a ‘buy’ and set a 242p a share price target – which is some 135% more than the current price of 102p. Looking forward the Liberum analyst reckons there will be significant potential further upside too as Xcite upgrades its reserves further as the field development advances. And while he says that some funding concerns may remain through part of next year Xcite will be able to secure the necessary capital. “We believe that between debt markets, industry partners and equity markets there is little doubt the financing can be raised. The only question is, given markets at that time, which source(s) can provide best value for shareholders.” Whittock is expecting a series of positive updates from Xcite in the first half of next year – including an updated CPR, the DECC approval of the development plan and news of possible industry partnerships. “These should provide the catalysts to move the share price closer to our value of 2P reserves (estimated at 246p) and, when the development of Bentley is clear, the experience of the team can move to focus on the next opportunity.” The addition of new projects through the UK's 27th licensing round privided a hint of the new opportunities that Xcite is now also pursuing as it attempts to grow Xcite into a significant North Sea player.
28/12/2015
10:43
oilgeezer: FROM THE SFO WEBSITE http://www.sfo.gov.uk/fraud/what-is-fraud/corporate-fraud/share-ramping.aspx What is share ramping? Share ramping (also known as 'pump and dump' and 'book ramping') is where criminals influence the share price of a company and then take advantage of it. It is commonly done by bringing a company to the market with false expectations of its profitability. Alternatively it can be done by buying shares in a company when they are at a low price and then starting a rumor that the company is being taken over. When the share price rises, the shares are sold at a profit.
07/9/2015
09:28
martinbaker: Any chartists got an opinion on where the XEL share price will go now? Has the share price bottomed out around 30p? Any reasons to support a consolidation around here? Anyone know the reason why the XEL share price jumped up from this level to around 40p at the end of April? Cheers.
29/1/2015
10:38
bad robot: The xel share price has been behind the curve for last 1month-2month. This company only sitting on a licenses and there will not pumping at all, as it's not feasible. Secondly how much cash left for projects? There's enough money for the next 3 xmas parties and nice salaries. That's about it If biggies like Shell cutting capex by $15bn; we can safely assume XEL is busted.
12/12/2014
12:51
mclellan: LOL...'Sometimes you just have to log-off"...unfortunately not if you are attacking the XEL share price, day and night under different avatars. Hilarious.
23/10/2014
10:42
arlington chetwynd talbot: And the logic? It's hardly going to relax the readers/investors/traders of that thread when they look at the XEL chart and share price... is it? "Oh here's a de-ramper who got the XEL share price down from 120 to 40, now you've got him!"
15/10/2014
18:37
arlington chetwynd talbot: Canadian XEL share price now 70 cents, yes that's 38.88 pence.

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O 7,526 7.81 25 Jul 2016 16:10:31 GBX
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