ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

STAR Star Energy Group Plc

10.50
-0.09 (-0.85%)
Last Updated: 11:45:15
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Star Energy Group Plc LSE:STAR London Ordinary Share GB00BZ042C28 ORD 0.002P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.09 -0.85% 10.50 10.00 10.98 10.98 10.50 10.98 820,600 11:45:15
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computers & Software-whsl 4.04M -1.01M -0.0079 -3.80 3.84M
Star Energy Group Plc is listed in the Computers & Software-whsl sector of the London Stock Exchange with ticker STAR. The last closing price for Star Energy was 10.59p. Over the last year, Star Energy shares have traded in a share price range of 7.12p to 14.98p.

Star Energy currently has 128,075,239 shares in issue. The market capitalisation of Star Energy is £3.84 million. Star Energy has a price to earnings ratio (PE ratio) of -3.80.

Star Energy Share Discussion Threads

Showing 4651 to 4674 of 4675 messages
Chat Pages: 187  186  185  184  183  182  181  180  179  178  177  176  Older
DateSubjectAuthorDiscuss
27/3/2024
17:25
Anyone seen bri???
ozzywalker
27/3/2024
17:15
yes bad gateway.

here’s some links

smackeraim
27/3/2024
15:59
currently shown as 2nd highest riser on toplists
sea7
27/3/2024
15:43
26% up Solid move today
sea7
27/3/2024
14:32
Croatia's very into this geothermal play though. From googling newsflow they see themselves becoming a hub for europe producing and selling bucketloads of geothermal produced power.
Am waiting on their Croatian update to really decide if they're worth more investment based on it but am a lot more positive on their choices at least than I was before a little research on it.

bad gateway
27/3/2024
14:10
If they manage to sell the O & G portfolio for a good price we should sack the board and tell them to distribute the cash to shareholders and liquidate the company. Otherwise they will just blow it all away.
kibes
27/3/2024
12:36
geothermal is further out- its the oil that will be filling the coffers and supporting the increase in share price.

should also be noted that they want to transition to a geothermal company - which means they will sell the entire O and G porfolio, once they have it all tidied up - it is worth multiples of the current SP

sea7
27/3/2024
12:35
thanks for that wisdom terrance
smackeraim
27/3/2024
12:33
Low energy prices will be not good the pumpers are trying it on though
beatme1
27/3/2024
12:22
Is this really going up or is it a just a dead cat bounce as market makers try to get rid of stock they have taken on but could not sell? The company is certainly grossly under valued but that is because nobody thinks geothermal in Croatia is going to make any money.
kibes
27/3/2024
12:15
https://x.com/theunsophistic2/status/1772959814101958960?s=46&t=4s-AQzZhMmeWz3Ire1AEsA
dannymaz89
27/3/2024
10:23
even at 20p a share its a paltry £22 million mcap
sea7
27/3/2024
10:22
On the move 15% up
Defo looks like Sandgrove and Bank of america are done selling

sea7
27/3/2024
08:51
Looks much firmer. Feels as if the seller that was a drag on it has finally shifted.
smackeraim
27/3/2024
08:38
so undervalued...

As at interim accounts...

assets given a value of...

1P NPV10 of $144 million(2021: $139 million): 2P NPV10 of $215 million (2021: $190 million

and

Ring fence tax losses of £259 million

sea7
26/3/2024
12:17
star still producing 17% of all the UK onshore oil - 2nd highest producer

star still producing 5% of all the uk onshore gas - 3rd highest producer

sea7
26/3/2024
08:42
https://x.com/theunsophistic2/status/1772544039536984151?s=46&t=4s-AQzZhMmeWz3Ire1AEsA
dannymaz89
26/3/2024
07:59
operational and market performance mismatch Canaccord Genuity view Star's recent updates highlight the progress made across the company's diverse UK onshore oil and gas production base and in the Croatian geothermal business. Over the past year, the company has turned around a declining UK production profile for the first time in many years, through a combination of greater focus on incremental low-cost enhancements to well performance and significantly improved surface facilities efficiencies and uptime. That has clearly borne fruit over the past 12+ months, and we think there is plenty of scope to maintain that elevated performance at least over the next few years. That is important because while the company sees longer-term growth through its geothermal businesses, it is the UK conventional hydrocarbons that provide the backbone of cashflow in the nearer-term. We think the progress made by Star in the UK and in Croatia is substantial, and certainly not reflected in the recent market performance. We maintain our BUY rating, and though we trim our risked NPV10 target price to 65p (from 73p) to reflect the slow pace of progress (unrelated to Star) of the UK geothermal business, we think the company's valuation footing has improved significantly over the past year. Conventional production Productivity gains: FY23 company expected c.2.09 kboed, better than early year c.2.0 kboed guidance. That rate implies higher production in H2 than H1 (2.07 kboed), itself a positive indicator. As a result, 2023 output is set to be the best since 2019. The signs are that a rolling programme of continued smaller scale investment - workovers and infrastructure optimisation - can be expected to deliver similar stable production levels for several years. New projects would provide further upside, but those probably require additional financing. Costs: Star has also done a good job on operating cost control, which continue around $40/boe despite the inflationary environment. Geothermal projects Croatia: Star only entered the country in August through the acquisition of 51% of local company A14 Energy which holds the Ernestinovo geothermal exploration licence. Since then the company has been awarded two further licences, prepared a wellsite for testing of Ernestinovo-3, and mobilised a rig to test flow rates (results expected early 2024). A successful outcome can be expected to lead to application for a long-term exploitation licence. UK: That progress contrasts starkly with activity levels in the UK, where a combination of factors - permitting, lack of government funding distribution, bureaucracy - have all conspired to hamper any real progress. Valuation underpinning The benefits of the renewed vigour applied to the UK oil and gas assets - both improved productivity and cost control - are critical to the underlying value of Star. Given the unsurprisingly relatively high operating costs of small fields onshore UK and the significant element of fixed costs, squeezing the most from the assets is critical to value. Star has done an excellent job recently. We recognise the high degree of valuation gearing to oil price changes, but our modelling suggests that the current market value can be supported by an LT oil price (from 2024) of close to $60/bbl, assigning no value to further larger UK oil and gas project development nor the UK or Croatian geothermal businesses. In our view, the market discount to an improving story with solid valuation underpinnings is too stretched.
dannymaz89
25/3/2024
13:37
https://x.com/smackeraim/status/1772247144277086528?s=46&t=4s-AQzZhMmeWz3Ire1AEsATg group
dannymaz89
25/3/2024
12:31
Corringham, Lincolnshire: New well planned for the second half of the year. Planning and permitting in place. If successful, this would add 110 barrels per day, IGas said.Glentworth, Lincolnshire: Planning application for a new wellsite due to be heard by Lincolnshire County Council in April 2023. If successful, the site could produce 200 barrels/day, IGas said, and further drilling could add an extra 500 barrels/day.They got planning btw:https://www.offshore-technology.com/news/igas-gets-planning-consent-for-new-oil-well-site-in-gainsborough-uk/
dannymaz89
25/3/2024
09:28
Looking much better now. Finally. Nice summary in a tweet I noticed. https://x.com/johnm_aim/status/1769814878917673075?s=46#star - reading up on this Co. Thinking current seller creating an opportunityProducer with c2kboepd in UKMore importantly, is using free cashflows to transition to geothermal, with assets in UK & CroatiaThis investormeetco presentation is worth a watch@Starenergygroup
smackeraim
25/3/2024
07:50
https://finance.yahoo.com/news/analysts-optimistic-well-see-profit-120424538.html#:~:text=According%20to%20the%202%20industry,months%20from%20now%20or%20less.
dannymaz89
24/3/2024
19:28
Newsflow for STAR- tr1 sand grove out- end of year accounts to December this week or next- results from Croatia geothermal drill this week or next- green network energy grants for the 3 already awarded sites- activate mou with SSE- drilling in glentworth for an extra 200-700 boepd- hydrogen storage application
dannymaz89
24/3/2024
19:03
Good time to get in. Sell on news spike and buy again
jack007
Chat Pages: 187  186  185  184  183  182  181  180  179  178  177  176  Older

Your Recent History

Delayed Upgrade Clock