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JSE Jadestone Energy Plc

25.00
0.70 (2.88%)
07 Mar 2025 - Closed
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 Shares Traded Last Trade
  0.70 2.88% 25.00 1,192,439 13:05:03
Bid Price Offer Price High Price Low Price Open Price
24.50 25.50 25.75 24.75 25.75
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs USD 323.28M USD -91.27M USD -0.1688 -1.48 131.42M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:06 O 200,000 25.50 GBX

Jadestone Energy (JSE) Latest News

Jadestone Energy (JSE) Discussions and Chat

Jadestone Energy Forums and Chat

Date Time Title Posts
07/3/202521:00Jadestone Energy (JSE) - ex Talisman Energy Team's New Venture23,373
12/10/202311:52Jadestone Energy27
08/2/202118:17Jadestone Energy 201829
08/11/201808:39Still time to look at Jadestone Energy (JSE)-
23/9/200921:47JSE, A Neglected Gem46

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Jadestone Energy (JSE) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2025-03-07 17:00:1025.50200,00051,000.00O
2025-03-07 16:35:0625.0040,39910,099.75UT
2025-03-07 15:56:0025.0011,0002,750.00O
2025-03-07 15:32:5924.88842209.49O
2025-03-07 15:25:1024.7127,0006,671.70O

Jadestone Energy (JSE) Top Chat Posts

Top Posts
Posted at 07/3/2025 08:20 by Jadestone Energy Daily Update
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 24.30p.
Jadestone Energy currently has 540,817,144 shares in issue. The market capitalisation of Jadestone Energy is £135,204,286.
Jadestone Energy has a price to earnings ratio (PE ratio) of -1.48.
This morning JSE shares opened at 25.75p
Posted at 27/2/2025 11:13 by chessman2
Surely assets balance liabilities?

With current liftings JSE looks quite a respectable buy at the existing share price
Posted at 26/2/2025 19:58 by nigelpm
A reminder if wasn't obvious :


Jadestone's current share price does not reflect the value of our portfolio. This is clear from the results of our year-end 2024 independent reserves evaluation, which shows that we fully replaced production on both a 1P and 2P basis in 2024, but more importantly, calculates a 2P NPV10 of US$799 million for our producing assets as at 31 December 2024. After taking into account our year-end 2024 net debt position, the resulting value of our producing assets is a multiple of our current share price.
Posted at 25/2/2025 13:21 by 1ajm
Rough share price action even for a JSE RNS day.

OPEX level disappointingly , $104.8m net debt year end, not much info on year so far or liftings that happened?
Posted at 25/2/2025 07:19 by 1shareguru
2024 Trading Update, Reserves and 2025 GuidanceToday 07:00RNS Number : 3504YJadestone Energy PLC25 February 2025 Year-End 2024 Trading Statement, Reserves Update and 2025 Guidance Delivering stable operations, growing free cash generation and shareholder value 25 February 2025 - Singapore: Jadestone Energy plc (AIM:JSE) (the "Company" and together with its subsidiaries, "Jadestone" or the "Group") announces a trading update for the year ended 31 December 2024, the results of its independent year-end 2024 reserves evaluation and 2025 guidance. 2024 Highlights · 2024 average production of 18,696 boe/d, a year-on-year increase of 35% (2023: 13,813 boe/d).· Successful commissioning of the Akatara gas processing facility, with year to date 2025 production in line with expectations.· Independently audited 1P reserves by ERCE of 48.6 mmboe at year-end, with a 1P reserves replacement ratio of more than 200%, greatly increasing the Group's resilience.· Independently audited 2P reserves by ERCE of 68.3 mmboe at year-end, resulting in a 2P reserves replacement ratio of 104%. · The 2P reserves are valued by ERCE at US$799 million, or an implied per share value of 102 GBp[1] after deducting the Group's year-end 2024 net debt position of US$104.8 million.· 2C contingent resources of 125.7 mmboe at year-end 2024.· No material safety events in 2024 and a lost time injury ("LTI") rate lower than the industry IOGP average, with Malaysia and Indonesia operations achieving a combined 10 million manhours without an LTI. 2025 Guidance Highlights · Production: 19,000 - 22,500 boe/d.· Operating costs: US$250-300 million.· Capital expenditures: US$75-95 million.· Unlevered free cash generation[2]: US$270-360 million (2025 - 2027). Adel Chaouch, Executive Chairman of Jadestone, commented: "We have entered 2025 as a re-energized business, boosted by the onset of stable production from Akatara, driving overall Group production significantly higher and setting a new monthly record and annual exit rate in December 2024. Our primary focus in 2025 is to deliver operational excellence in the form of safe, stable and efficient operations, and setting realistic targets and delivering on them. Our 2025 production guidance of 19,000-22,500 boe/d reflects this mindset and would represent another year of record production for Jadestone. Our expectations for 2025, supported by a disciplined approach to capital allocation across the business, will pave the way for Jadestone to start generating meaningful levels of free cash flow. Jadestone's current share price does not reflect the value of our portfolio. This is clear from the results of our year-end 2024 independent reserves evaluation, which shows that we fully replaced production on both a 1P and 2P basis in 2024, but more importantly, calculates a 2P NPV10 of US$799 million for our producing assets as at 31 December 2024. After taking into account our year-end 2024 net debt position, the resulting value of our producing assets is a multiple of our current share price. Furthermore, this does not attribute any value to the growth options of the Group, particularly our significant gas resources in Vietnam, which we are progressing closer towards commercialization. We also continue to see opportunities to create value from our existing platform through acquisitions, but we will be financially disciplined in the pursuit of growth." 2024 Trading Update[3] FY 2024FY 2023Group Productionboe/d18,69613,813Liftings- Oil and liquidsmmbbls4.93.6- Gasmmcf2.21.4Average oil price realisationUS$/bbl85.287.3- BrentUS$/bbl81.581.8- PremiumUS$/bbl3.85.6Average gas priceUS$/mmcf3.631.53Revenues (post hedging)US$ million395.0309.2Total production costs3US$ million261.1243.9Capital expenditureUS$ million69.7117.0Net cash/(debt) at 31 DecemberUS$ million(104.8)(4.2) · 2024 production averaged 18,696 boe/d, in line with guidance and an annual record for Jadestone, representing 35% production growth year-on-year. The 2024 exit rate (December 2024 average) was c.24,000 boe/d, a monthly record for the Group and an increase of c.40% compared to January 2024.· The average realised price for the Company's oil sales was US$85.2/bbl in 2024 (2023:US$87.3/bbl), with the underlying Brent price comparable with the prior year, while the average premium to Brent for the Group's oil sales decreased, primarily due to the greater weighting of CWLH liftings in sales. Initial Akatara LPG and condensate sales totalled c.150,000 barrels and sold for a weighted average price of US$56.7/bbl. The average gas price increased to US$3.63/mmcf, year-on-year, reflecting the initial impact of gas sales from Akatara.· Revenues for 2024 increased by 28% to US$395.0 million, primarily reflecting the increase in liftings during the year, partially offset by a US$27.4 million loss from hedges originally entered into during 2023 to support the Group's reserves-based lending facility.[4]· Total estimated production costs for the year of US$261.1 million. Excluding royalties and carbon taxes of US$17.7 million, the net figure of US$243.4 million came in at the lower end of the US$240-280 million guidance range, exhibiting good cost control throughout the year. The increase in production costs compared to 2023 primarily reflects the increased interest in the CWLH fields and the onset of production from Akatara.· Capital expenditure for 2024 is estimated at US$69.7 million, below the lower end of the guidance range of US$80-110 million. This was due to the timing and deferral of several capital projects originally included in 2024 guidance. Capex declined year-on-year, primarily reflecting the completion of development activity at Akatara.· Net debt of US$104.8 million at 31 December 2024 reflects US$95.2 million of consolidated Group cash balances (restricted and unrestricted cash) and US$200 million of debt drawn at the year end. 2024 Reserves Update · Group 1P reserves as at 31 December 2024 have been independently assessed by ERCE at 48.6 mmboe, representing 202% 1P reserves replacement in 2024. 1P reserves replacement was driven by inclusion of the 1P reserves associated with the CWLH 2 acquisition, which completed in February 2024, as well as improved well performance and uptime at Montara and the PM 323 asset in Malaysia.· Group 2P reserves as at 31 December 2024 have been independently assessed by ERCE at 68.3 mmboe, representing 104% 2P reserves replacement in 2024. 2P reserves replacement was primarily driven by inclusion of the 2P reserves associated with the CWLH 2 acquisition.· ERCE has assessed the remaining 2P NPV10 of Jadestone's producing assets at US$799 million1.· After deducting the Company's year end 2024 net debt of US$104.8 million, this implies a per share for the Company's reserves, net of debt, at 102 GBp1.· Group 2C resources as at 31 December 2024 are estimated at 125.7 mmboe, an increase of c.19% year-on-year, mainly reflecting the addition of 2C resources associated with the Puteri Cluster and the CWLH 2 acquisition. Approximately 75%, or 93.9 mmboe, of the Group 2C resources at 31 December 2024 relates to the significant resource contained in the Company's gas discoveries offshore Vietnam.· Following the year-end reserves evaluation, the Group expects to record a modest impairment to the carrying value of the Stag asset in the Group's accounts for the year ended 31 December 2024. 2025 Guidance · 2025 production is expected to average 19,000-22,500 boe/d, an 11% increase on 2024 at the midpoint, which would represent an annual record for Jadestone. 2025 production is expected to be split approximately 80:20 oil:gas.· 2025 Group operating costs are expected to be in the range of US$250-300 million. On a like-for-like basis compared to the preliminary estimate of 2024 operating costs[5], 2025 guidance at the midpoint would see operating costs broadly flat year-on-year.· 2025 Group capital expenditure is expected to be US$75-95 million. The majority of 2025 capex is the drilling of the Skua-11 sidetrack, which is currently expected during the second quarter of 2025, subject to arrival of the rig on schedule, and which is expected to increase Montara production when brought onstream.· Based on an US$70-80/bbl Brent oil price range, the Group expects to deliver c.US$270-360 million of free cash flow (pre debt servicing) over the 2025-2027 period2.· A key focus for 2025 is the operating model and cost structure of the Group, and to ensure an appropriate capital structure to support the ongoing growth and future strategy of the Group. The financial information in this update is unaudited and may be subject to further review and change. An updated investor presentation has been uploaded to the Company's website at www.jadestone-energy.com.
Posted at 18/2/2025 16:54 by 1ajm
IMO Going to come down to if there are any hidden issues impacting 2025 outlook that pushed PB out, such as OPEX in Aus assets projections etc... We won't know until 25th. Of course his leaving time could be linked to nothing ongoing and just being good timing with Akatara built, replacement available, was always likely after Montara fiasco, PB not wanting to take a year to try consolidate cash etc.... IMO DYOR

A year of good cash build here with Akatara online, lower OPEX as projected and small CAPEX on maintaining production / current assets would do the JSE finances and share price some good, of course you can only do that for so long and the past year of fairly decent production and asset investment here allows it to... IMO DYOR

Feels like one good RNS from bad times finally being behind JSE, who knows. I remember being here before so hard to really know.
Posted at 07/2/2025 12:32 by 1shareguru
FDVolume is low but why can you sell at the ask price 27p.Buyer in background, share price is highest since nov. "Capex" is down this year, most notably from akatara and cwlh. Production increase.No brainer this year for jse.
Posted at 06/2/2025 16:38 by 1ajm
Welcome to the ADVFN JSE share chat experience.

This share has been stuck in a cycle of disappointment for years, can only hope changing out PB works and this share can head back to 40p+ in the next 12-18 months. If their 2025 outlook shows OPEX dropping on assets as expected, the rewards of Akatara finally coming through financially and other assets production not declining
more than expectation it should do the share price fairly well in the short term. (recent production update would suggest at least the production part of that is likely)

Of course it is yet to be seen how the new executive chairman deals will growing the company and acquiring assets beyond this initial period of trying to make some money back, if he goes into the cycle of acquiring AUS assets or assets with massive, multi-decade away 'decom funds' it would be disappointing.

(Have grown to strongly dislike the way Decommissioning funds work and the size of them, smells off, but that's not a JSE thing that's a government thing.)

But it's looking more hopeful here than it has for a long while. IMO DYOR

Getting excited about JSE left a lot of us already I think. It's a frustrating share that seems stuck in the bog, gets one foot out and then jumps right back in on the next step. How much of that was PB fault I'm not sure but trying to change it is necessary.
Posted at 11/11/2024 09:26 by ashkv
A relief that Akatara is operating though still a work in process!!!

Skua well delayed to Q2? If I recall Skua was outlined for Q1 2025?

All in all cool with the delay as prudent for JSE to build back balance sheet prior to proceeding on its biggest capex outlay for 2025 / as updated by JSE management.

Hopefully some news on Vietnam Gas Farm-out and further deals soon / along with the long awaited Akatara handover/full commission RNS :)

Share price is exceedingly cheap.

CEO PB time to double dip into those fat pockets and buy some more shares :)

Tyrus could well spring a cheap takeover offer in the 30s if share price wallows at these ridiculous lows....

JSE Share Price -> 24.00p
Brent Current Price -> $74.00
JSE Current Share Price vs 52 Week low of 23p on 9 Feb 24 -> 4.35%
JSE Current Share Price vs 52 Week High of 39p on 5 Dec 23 -> 62.50%
Shares Outstanding -> 540,817,144
GBPUSD -> 1.2900
JSE 2024 Production Mid-Guidance Revised Down July 24 (18,500-20,000 Boe/d) -> 19,250
JSE October 2024 Average Production -> 22,000
JSE YTD Average Production To End August -> 17,500
JSE Sep to Dec 2024 Min Production To Meet 2024 LOW Guidance Taking Into Account YTD Avg Prod Till End August 24-> 20,500
JSE Production Average for 2023 (Montara Curtailed for a period) -> 13,800
JSE Production Average for 2022 (Montara Curtailed for a period) -> 11,487
Net Debt (USD) 31 Aug 24 -> $94,600,000
Available Credit (Remaining USD 200Million RBL Available + USD 35Million Standby Facility) -> $140,400,000
Market Cap (GBP) -> £129,796,115
Market Cap (USD) -> $167,436,988
ENTERPRISE VALUE (EV) (Market Cap + Debt - Cash) (USD) -> $262,036,988
EV/Barrel(USD) Mid-Guidance Revised Down July 24 (18,500-20,000 Boe/d) -> $13,612
EV/Barrel(USD) JSE October 2024 Average Production -> $11,911
EV/Barrel(USD) Projected Sep to Dec Average Production To Meet 2024 Low-Guidance-> $12,782
JSE Decommissioning Expense Provision per HY 2024 Results -> $682,915,000
EV/Barrel (USD) JSE 2024 YE Exit Boe/d 23,000 Boe/d Production (Q1 Avg + Akatara 6k boe/d H2 24) [Added Decommissioning Provisions Per FY 2023 Results to EV] -> $41,085
2P Reserves (Boe) as of 31 December 2023 -> 68,000,000
2P Reserves (Boe) YE 23 + 6.8 mmBoe Including Second CWLH Acquisition H1 2024 -> 74,800,000
EV/2P -> $3.50
Posted at 17/9/2024 11:00 by 1ajm
Very rare, if ever, for JSE share price to rise on results day, even back when results and sentiment were good and the share price was generally rising.

Not good H1 as expected, given oil prices and Akatara revenue delays probably a rough H2 also. Moving in the right direction from 2023 at least.


"After the H1 2024 reporting period, the Group generated US$53.0 million in revenues from three liftings of 0.59 mmbbls in July from Montara, Stag and PenMal"

"Net debt of US$69.1 million at 30 June 2024 reflects c.US$130.9 million of consolidated Group cash balances and US$200.0 million of debt drawn under the Group's reserves-based lending ("RBL") facility. As at 31 August 2024, net debt was US$94.6 million, based on consolidated Group cash balances of US$105.4 million and US$200.0 million of debt drawn under the RBL facility."

Where is the COO?

Will 2025 be the turn around? who knows,
-Australia will continue to be an ongoing concern across the board, with an outlook of cost control and being properly maintained.
-Malaysia, Indonesia and Vietnam on the other hand have great opportunity,
-Malaysia PM323 being a fantastic result and "The Group is progressing plans for further infill drilling on the East Belumut field, in particular focusing on the undrained southwestern area of the field discovered during the 2023 campaign."
-Indonesia, of course Akatara coming online and paying back the years of heavy investment with revenue and large margins.
- Vietnam, obviously further out then 2025 and would need funding but opportunity at least.


IMO DYOR this is not advice.
Posted at 17/9/2024 10:45 by ashkv
An exact 20,500 boe/d average production required from Sep to Dec to meet 2024 low guidance / I updated from prior revised down Mid-Guidance.



JSE Share Price -> 28.00p
Brent Current Price -> $72.50
JSE Current Share Price vs 52 Week low of 23p on 9 Feb 24 -> 21.74%
JSE Current Share Price vs 52 Week High of 39p on 5 Dec 23 -> 39.29%
Shares Outstanding -> 540,817,144
GBPUSD -> 1.3200
JSE 2024 Production Mid-Guidance Revised Down July 24 (18,500-20,000 Boe/d) -> 19,250
JSE YTD Average Production To End August -> 17,500
JSE Sep to Dec 2024 Min Production To Meet 2024 LOW Guidance Taking Into Account YTD Avg Prod Till End August 24-> 20,500
JSE Production Average for 2023 (Montara Curtailed for a period) -> 13,800
JSE Production Average for 2022 (Montara Curtailed for a period) -> 11,487
Debt (USD) (USD 200 Million Reserves Based Lending (RBL) Draw) -> NA
Cash (USD) -> NA
Net Debt (USD) 31 Aug 24 -> $94,600,000
Available Credit (Remaining USD 200Million RBL Available + USD 35Million Standby Facility) -> $140,400,000
Market Cap (GBP) -> £151,428,800
Market Cap (USD) -> $199,886,016
ENTERPRISE VALUE (EV) (Market Cap + Debt - Cash) (USD) -> $294,486,016
EV/Barrel(USD) 2024 Mid Guidance Production 21,000 Boe/d -> $15,298
EV/Barrel(USD) YTD Average Production To End August -> $16,828
EV/Barrel(USD) Projected Sep to Dec Average Production To Meet 2024 Low-Guidance-> $14,365
JSE Decommissioning Expense Provision i.e. Asset Restoration Liability per HY 2024 Results -> $682,915,000
EV/Barrel (USD) JSE 2024 YE Exit Boe/d 23,000 Boe/d Production (Q1 Avg + Akatara 6k boe/d H2 24) [Added Decommissioning Provisions Per FY 2023 Results to EV] -> $42,496
2P Reserves (Boe) as of 31 December 2023 -> 68,000,000
2P Reserves (Boe) YE 23 + 6.8 mmBoe Second CWLH Acquisition H1 2024 -> 74,800,000
EV/2P -> $3.94
EV(Including Decommissioning Costs)/2P -> $13.07
Jadestone Energy share price data is direct from the London Stock Exchange

Jadestone Energy Frequently Asked Questions (FAQ)

What is the current Jadestone Energy share price?
The current share price of Jadestone Energy is 25.00p
How many Jadestone Energy shares are in issue?
Jadestone Energy has 540,817,144 shares in issue
What is the market cap of Jadestone Energy?
The market capitalisation of Jadestone Energy is GBP 131.42M
What is the 1 year trading range for Jadestone Energy share price?
Jadestone Energy has traded in the range of 23.25p to 35.50p during the past year
What is the PE ratio of Jadestone Energy?
The price to earnings ratio of Jadestone Energy is -1.48
What is the cash to sales ratio of Jadestone Energy?
The cash to sales ratio of Jadestone Energy is 0.42
What is the reporting currency for Jadestone Energy?
Jadestone Energy reports financial results in USD
What is the latest annual turnover for Jadestone Energy?
The latest annual turnover of Jadestone Energy is USD 323.28M
What is the latest annual profit for Jadestone Energy?
The latest annual profit of Jadestone Energy is USD -91.27M
What is the registered address of Jadestone Energy?
The registered address for Jadestone Energy is 10TH FLOOR 595 HOWE STREET, VANCOUVER, BRITISH COLUMBIA, V6C 2T5
What is the Jadestone Energy website address?
The website address for Jadestone Energy is www.jadestone-energy.com
Which industry sector does Jadestone Energy operate in?
Jadestone Energy operates in the CRUDE PETROLEUM & NATURAL GS sector