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JSE Jadestone Energy Plc

26.25
0.05 (0.19%)
Last Updated: 13:30:47
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Jadestone Energy Plc LSE:JSE London Ordinary Share GB00BLR71299 ORD GBP0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.05 0.19% 26.25 26.00 26.50 26.50 26.00 26.50 1,606,021 13:30:47
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 323.28M -91.27M -0.1688 -1.56 141.69M
Jadestone Energy Plc is listed in the Crude Petroleum & Natural Gs sector of the London Stock Exchange with ticker JSE. The last closing price for Jadestone Energy was 26.20p. Over the last year, Jadestone Energy shares have traded in a share price range of 23.00p to 38.25p.

Jadestone Energy currently has 540,817,144 shares in issue. The market capitalisation of Jadestone Energy is £141.69 million. Jadestone Energy has a price to earnings ratio (PE ratio) of -1.56.

Jadestone Energy Share Discussion Threads

Showing 22576 to 22599 of 23000 messages
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DateSubjectAuthorDiscuss
01/10/2024
10:36
KS thanks, and to IR for providing some useful further information.

'2021 was unsustainably low due to COVID impacts'

This raises a further question - why then was the 2019 and 2020 OPEX/bbl so low?

2019 - OPEX: $22.85/bbl Actual - ALL Montara and Stag Production
2020 - OPEX: $23.10/bbl Actual - ALL Montara and Stag Production
2021 - OPEX: $26.22/bbl Actual - Montara, Stag and H2/PENMAL Production

2024 - OPEX: $60.00/bbl at Guidance of 5,500 bopd - Montara
2025 - OPEX: $52.00/bbl at Estimate of 5,500 bopd - Montara

If an average of the actual OPEX costs for 2019-2021 were adjusted for the lower
Montara production figure guided for 2024 and 2025, it would increase OPEX to circa $33-36/bbl.

AIMHO/DYOR

mount teide
01/10/2024
09:18
It's only 4 years ago, but based on those 2020 OPEX numbers and Brent averaging $42 for the year, JSE started paying a dividend.
Here we are in 2024, with Brent averaging $83 for the year to date, and the state of the balance sheet means shareholders can only dream of a dividend.
With the share price on its knees, Blakeley's Proactive comment of 'The business today, has never been stronger'is risible. I'm surprised Bernard didn't fall off his chair on hearing that one.

pughman
01/10/2024
09:04
Good work KS. I do like the way that IR respond to questions and seem to be so open with information. Contrast that with other companies which don't even reply to requests from PIs. Clearly a company which values its investors.
lord gnome
01/10/2024
07:30
Had a further response from IR...

Their bit:

For Montara, I don’t recognise the US$56mm operating cost figure you quote for 2021. Can you point me to its source?

My bit:

Apologies, this is coming from another poster on ADVFN who has guesstimated from the opex figures in the annual accounts - something like the below:

2020 - OPEX: $23.10/bbl Actual
Montara Production: 9,045 bbl/d - Est OPEX/bbl: $20
Stag Production: 2,359 bbl/d - Est OPEX/bbl: $32 Stag

2021 - OPEX: $26.22/bbl Actual
Montara Production: 7,647 bbl/d - Est OPEX/bbl: $23
Stag Production: 2,394 bbl/d - Est OPEX/bbl: $35

Their bit:

"Thanks for the explanation. Within reason, we are open to disclosing historical financial figures to avoid any errors or confusion due to guesstimates."

My bit:

"The guidance states for 2024: Montara operating costs in 2024 are currently estimated at c.US$120 million.

So if I understand correctly you are suggesting:

2021 - operating costs c$74m
2022 - operating costs c$95m
2023 - operating costs c$95m
2024 - operating costs c$120m
2025 onwards - operating costs c$95m

Which is essentially a 62% increase between 2021 and 2024, but then drops back somewhat - 2024 being an exceptional year?"

Their bit:

"The key point from my reply to your original message, and our disclosures this year, is that 2021 nor 2024 are indicative of a “normal” year of operating costs at Montara, and therefore comparing 2021 with 2024 isn’t a fair comparison. 2021 was unsustainably low due to COVID impacts, while 2024 should be a high-water mark for the asset, as we catch up on R&M backlog, tank work at peak, subsea inspections and of course the shuttle tanker which has now been released.

You’re correct in that we guided for c.US$120mm Montara opex earlier this year, based on the latest internal forecast we are tracking a little below that due to a continuing focus on cost control. In January, we said that: “Going forward, operating costs at Montara are expected to average c.US$95 million per annum for several years with production now expected to cease in 2030.” In other words, this wasn’t a forecast for any particular year, but an average of annual operating costs over the remaining economic life of the field. We will continue to look at ways of reducing costs at both Montara and Stag to create value and prolong field life."

king suarez
30/9/2024
20:13
Bernard straight in with the key question.
nigelpm
30/9/2024
18:20
I've got a low 6 figure sum invested here at an average of 33p It's scary how confident paul is The early cashflows from the akatara could be enormous I've bought a barrel load since I found out they were trying to buy woodside assets in February. They must be well backed from banks to be doing that sort of stuff
bubbabubbabubba
30/9/2024
15:01
Duplicate post
farmscan
30/9/2024
15:01
I knew you would.
farmscan
30/9/2024
14:46
OK got it now
fardels bear
30/9/2024
14:41
Your powers must be greater than mine farmy
fardels bear
30/9/2024
13:51
I've just watched it.
farmscan
30/9/2024
13:44
This video is unavailable.
fardels bear
30/9/2024
12:20
hxxps://youtu.be/eH65x3WNI9o

Right, which poster is Bernard?

winnet
27/9/2024
17:57
Can't be far away from full sales from akatara so could be smart buying.
nigelpm
27/9/2024
17:14
Late trade print from 15.17. Someone took 500,000 at 26.5p. Hopefully this will be back up on Monday. The offer didn't stay sub 26p for long.
lord gnome
27/9/2024
15:08
someone is busy - 900,000 shares bought in six tranches in the last hour or so.
prices these trades are printing at, are the same that I have been quoted to buy all day.

sea7
27/9/2024
11:26
that is me. thank you FB
kaos3
27/9/2024
11:20
Gobbledook
fardels bear
27/9/2024
09:45
Less than 26p to buy if anyone wants a top up. Just added a few more to help out the sellers. Most of today's trades are buys, but showing as sells because the price is well below the midpoint.
lord gnome
27/9/2024
09:06
FB
* from the last report realised gas prices /copy paste/

........realised gas price per thousand standard cubic feet

(US$/mscf)
1.64
1.41
1.53...............

* i stated MY remark is idiotic - not anybody else, eg not people. would be rude

* as a response to the units statement /copy paste/ from above

....I interpreted that to mean $1/MMBtu (not mmcf, sorry) - natural gas is heading towards $3 currently (Henry Bug) - obviously higher in Asia.....


i hope that helps

kaos3
27/9/2024
08:50
But it's probably not the same unit and our units are being sold at $5.60. Not $1.50.Go pull some leeks and reflect that if anybody's gonna call people idiotic it'll be me.
fardels bear
27/9/2024
08:13
in my gardening mind - we are selling a unit of gas for cca 1,5 USD produced, so same unit can not be 1 USD in the soil. factor of multplication is in 10s even 100

just an idiot remark

whole asset for 1 usd means there are hidden liabilities there which i am not aware of

is decomissioning not being fully paid on the go as part of opex... so it can not be that

kaos3
27/9/2024
07:13
You could be right guys, maybe he meant for Shell to take it off his hands for nothing to avoid any decom costs. I should have pressed him on that...

You'd like to think some kind of small royalty on production could be agreed, but I guess depends how hardball Shell play over it. Would seem a shame to let a resource that potential size go for 'nothing'?

king suarez
27/9/2024
06:14
Yes I've got to admit I interpreted it as that but KS would know better ie as a dollar for the asset. Shell will push for a tough deal unless they are desperate for the gas and whilst that could be the case, who knows what is in their strategic plans? IMHO.
dunderheed
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