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Track real-time Director Deals activity on the London Stock Exchange (LSE)
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Jadestone Energy Plc | JSE | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 22.50 | 16:35:09 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 22.75 | 22.75 | 23.75 | 22.50 | 22.50 |
| Industry Sector |
|---|
| OIL & GAS PRODUCERS |
| Top Posts |
|---|
Posted at 13/6/2025 09:30 by nigelpm Quite the plan - having spent a reasonable period behind the scenes at oil companies that is indeed the part that investors really fail to understand - quite how complex this is. |
Posted at 20/5/2025 23:20 by mount teide Value Investors Look for Bargains in Oil and Gas Sector - ZeroHedge today'Looking at Berkshire's mindblowing $350 billion cash stash.......one would think that there is nothing in the market that a value investor would find attractive. One would be wrong: almost half of all mid- and small-cap oil and gas stocks in the US are now trading below their book values. That’s the highest level since the pandemic. And according to Bloomberg, it’s a gift for value investors worshiping the gospel of Warren Buffett and his mentor Ben Graham, who referred to these kinds of opportunities as “cigar butts.” “We’re going to take advantage of a lot of suckers,” said Cole Smead, CEO of Smead Capital Management, who has been buying additional oil and gas stocks that are trading well below book. Energy has been the second-worst performing sector in the S&P 500 in Q2, losing roughly 10% since President Donald Trump’s April 2 tariff announcement, as oil prices tumble due to fears of global trade wars sparking economic slowdowns and OPEC member countries boosting production to increase supply. Two weeks ago, West Texas Intermediate crude fell to around $55 a barrel, a level it touched in April and before that February 2021. It has rebounded only modestly since then and remains down about 15% for the year. Today, shares of oil and gas companies such as Murphy Oil, Crescent Energy and Noble Corp., are trading for less than what the assets on their books are worth. That’s the classic definition of value investing, where the stock is priced at less than what the business would be worth if it was stripped and sold for parts. At this point, 33% of Russell 3000 energy stocks are trading below their book values. The figure rose as high as 40% late last week, before the US and China agreed to a 90-day trade truce, which gave a slight boost to oil prices and energy stocks. The last time this happened, it preceded off a two-year run in 2021 and 2022 when energy trounced the market and was the top-performing sector. A similar proportion of large- and small- Canadian oil and gas stocks have also fallen into the same range, Bloomberg calcualtes. Smead, who is invested on both sides of the border, thinks the stocks are undervalued and poised to at least return to book value, and likely more. “I don’t need to have a rosy picture” for the energy outlook to make money trading energy stocks, Smead said. Smead isn’t alone in buying energy names cheap. A handful of cash rich oil and gas companies have indicated they’ll repurchase their stock if it has sold off sharply. Cenovus Energy bought back C$62 million ($44 million) of its own shares in the first quarter and has nearly tripled that to C$178 million in the second quarter so far. “The smartest capital allocation today is to repurchase shares” rather than paying down debt, Diamondback Energy CEO Travis Stice said on a May 6 conference call. “Buybacks are the right thing at these levels” as crude prices have slipped, Stice said, adding that he expects the Texas-based oil producer to increase its stock repurchase program. Not everyone will be able to take advantage of their cheaper stock price as they don’t have the available cash. Chevron , for instance, said it will cut buybacks in the second quarter following the drop in crude. It's bigger, and higher quality peer, Exxon, however, continues to repurchase its stock with clockwork regularity as it print money quarter after quarter. Then there is also a debate about how best to value oil and gas producers. BMO Capital Markets analyst Jeremy McCrea says book value isn’t a useful measurement for the energy sector since it can change quickly and dramatically with commodity prices. He prefers cash flow, Ebitda and reserve values, but says the stocks still are cheap based on those metrics. “Typically, the best times to invest in the energy sector are when it feels the most uncomfortable,” |
Posted at 20/5/2025 22:12 by nigelpm Yes ash.Noted in the investor presentation - £84m reduction in cash relating to CWLH abex funding. |
Posted at 12/5/2025 09:55 by winnet Oil Investor - the stable production from the Akatara gas processing facility has improved our financial resilience... - The company expects unlevered free cash generation of $270-360 million between 2025 and 2027 [as stated in their disclosures]... Their net debt is around 100 million.They should post a profit in 2026. Although I estimate the 2025 figure will be negative... The point I'm making is we have the liquidity to pay a divi, although yes, the cash figures look like it will be next year before actually declaring a positive return, but thereafter we are away to the races - what would the cost of a divi be - 20 million? 15? Is this going to mean the death of the business? No. But it would help shareholders "bridge" what I see a return gap between now and then... I'm getting down voted a lot for these remarks, but all I am saying is its possible, if undesirable to do. |
Posted at 08/5/2025 09:37 by oilinvestoral Full disclosure guys: I have been speaking with the company recently and I robustly challenged them on the sale of the Sinphuhorm. They explained the situation to me and the rational behind the sale. Knowing what I now know, I can understand why the new management team felt that it should be sold. I personally would've liked to see it as part of the PF but needs must. While I'm under no illusion that the road ahead over the next 6-9 months isn't straight forward specially given the current macro conditions, our high breakeven at Stagg and Montara, OPEC continuing to flood the market and the low oil price. I believe the company is doing all they can to manage the current situation. I must admit I'm slightly feeling better about the situation and believe we can get out of it in reasonable shape. I appreciate the fact that the new management team were quick to react to the tight spot by securing the $30 million working capital facility. Who knows even my large top ups at 28p in February might even be back in profit some day. LOLZ The 62 million CAPEX literally could not have come at a worst moment. I'm guessing we should be hearing some news from SKUA11 by the end of this month if the well hasn't been completed by annual results. As I have mentioned on Twitter, I have asked the new management team to host an investor meet company webinar and they said they will discuss and consider it. Here's hoping they oblige. |
Posted at 17/4/2025 12:58 by nigelpm Interesting tweets from the Oil Industry "expert".hxxps://x.com/Oilinv Oil & gas industry professional and small cap investor. Top holdings #MAFL #AET #W7L #GGP #CAML #GKP #GAW #AXL #MTL #GMS #SQZ #KIST #PTAL #JSE #PHAR #IGP 25th Feb : hxxps://x.com/Oilinv Topped up with another 50,000 #JSE shares at 28p. Will post my thoughts on today’s update later. #JadestoneEnergy 16th April : hxxps://x.com/Oilinv Large portfolio holding #JadestoneEnergy has decided to cut the flowers (sell high quality high margin FCF cash machine Sinphuhorm) and water the weeds (low margin barely profitable Montara & Stagg)! #JSE |
Posted at 08/4/2025 14:20 by sea7 Changes to major shareholders as of 31st Marchnew addition of Interactive Investor - 3.08% River Global up to 4.11% from 4.02% invesco down to 3.02% from 4.04% ubs down to 3.25% from 3.38% |
Posted at 11/3/2025 17:30 by yasx Since PB left communications and transparency seem to have improved markedly.Naturally the market wants to see evidence of operational excellence and no significant mishaps. If we get that then the financials will undoubtedly improve and with it the shareprice. The impact of Montara has not quite left the mind of investors yet. |
Posted at 02/3/2025 08:12 by king suarez Put simply, we (investors) believe that the future net cash flows of the business far exceed the net equity position 'book value' of the business as at the latest balance sheet date ($10m).Why do we believe this? The fixed asset valuation typically represents the capex already spent on the assets rather than their future economic value. For the latter, an NPV model is used based on the reserves, and that has been independently modelled at far higher than $10m. You don't, for example, as a new company, have one exploration drill success (worth hundreds of millions of dollars) then immediately book hundreds of millions of dollars of fixed assets on the balance sheet in the same year because that would need to show hundreds of millions of dollars of profit also (and hit the reserves) to make the balance sheet work. The profit would come over time as the assets provide operational cash flow year on year. What you DO book to fixed assets is the capex spent on drilling the 'find' and then subsequent development capex. Do you see now how there can be a large disconnect in the book value of an O&G business and the value that can actually be obtained from its assets? |
Posted at 26/2/2025 07:43 by goldgeezer The business is solid but an oil tanker to turn and redirect. Maybe they should offer a dividend to attract long term investors as significant capital appreciation seems 18 months away. |
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