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SDX Sdx Energy Plc

3.90
0.00 (0.0%)
07 Dec 2023 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sdx Energy Plc LSE:SDX London Ordinary Share GB00BJ5JNL69 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 3.90 233,591 08:00:00
Bid Price Offer Price High Price Low Price Open Price
3.80 4.00 3.90 3.90 3.90
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
16:39:07 O 25,000 3.94 GBX

Sdx Energy (SDX) Latest News

Sdx Energy (SDX) Discussions and Chat

Sdx Energy Forums and Chat

Date Time Title Posts
07/12/202316:51SDX Energy9,936
09/3/202008:17SDX Energy at the UK Investor Show3
23/7/201807:13SDX Energy (SDX) One to Watch on Monday -
18/7/201811:39SDX Energy (SDX) @ Watch Zone -
16/7/201806:55SDX Energy (SDX) One to Watch on Monday -

Add a New Thread

Sdx Energy (SDX) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2023-12-07 16:39:083.9425,000985.00O
2023-12-07 16:39:083.9425,000985.00O
2023-12-07 16:06:183.8030,0001,141.20O
2023-12-07 15:54:173.8213,159502.67O
2023-12-07 14:20:393.9430,0001,182.00O

Sdx Energy (SDX) Top Chat Posts

Top Posts
Posted at 07/12/2023 11:29 by littlened
Yes I agree it is not relevant now.Neither you or I can run the company post Egypt.What we can do is evaluate the value of the company.Assuming the proceeds are well above market then the share price should rise significantly.Otherwise I might make a bid using SDX own cash !!
Posted at 07/12/2023 10:26 by neo26
Sdx will have finance. :rolleyesSdx does have the infrastructure unlike Char.Sdx does have an large offtaker who is willing to pay for gas upfront.Sdx valued there whole 55% interest at 6p a share. The remaining is worth 4p a share at least. Add west gharib, cash in a bank and receivables, sdx will get significant funds. Wheres this sdx will find it difficult to raise funds coming from?Citic have 3 large warehouse in kenitra, they need consistent gas, i bet they would be interested in funding us..
Posted at 04/12/2023 12:24 by neo26
RomanWe cant predict the exact date but we know its soon. The share price fell early this year when company stated we are having issues taking money out of egypt, share price took massive hit, board made the move they would leave egypt. They signed an HOT to sell the assets in egypt, the only clue we have its significantly higher than 75% of the mkt cap at the time. So way more than 6m pounds. Our current mkt cap is 8m. So its going to be transformational for sdx. Thats not the only material news we expecting in coming weeks, sdx are also expected to sign offtake agreement which will also we be material to us.
Posted at 30/11/2023 12:45 by neo26
So theres no investing in any aims company then with your beliefs?, we have oil and gas companies with little cash and no production higher than sdx.Now sdx can concentrating on morocco and they will connect their pipeline with spain. Any shortfall can come from there. Pipe capacity is over 25mmcfd ..I think this is a win win for sdx.After the full year results the share price fell to the lows due to egypt issue, once egypt assets are gone we can relax. We were just not paid on time over their...
Posted at 27/11/2023 10:18 by winnet
SDX's vision for a diversified energy transition business is planned to be realised through a series of complementary and modular projects. These consist of the following 'building blocks':

(A) Expansion of SDX's existing gas transportation infrastructure to connect to the Algeria-Spain gas pipeline ("GME") - once realised this will enable SDX to supply gas from Europe to industrial offtakers in Morocco's Kenitra region;

(B) Generation and cross-selling of renewable energy together with SDX's existing gas offtake contracts; and

(C) Vertical expansion into additional power-generation initiatives, on an opportunistic basis.

----

Do i take from this that they are going to connect the pipeline as a backup if the 10 additional wells cannot produce enough? If so, gives you an idea of the demand.

Remember, we have a monopoly on the gas to that region...
Posted at 27/11/2023 08:14 by 34adsaddsa
Yes, Aleph screwed over other shareholders by blocking the deal, but Tenaz made a different acquisition following the failure of the SDX takeover so their share price performance isn't necessarily a good indicator of what SDX shares turned into Tenaz shares would have been worth.

Personally, I sold for a bit under 10.5p.
Posted at 26/11/2023 14:26 by neo26
In hindsight they should have taken deal, tenez shares at 11p because months later the share price went up to the around 18p in sdx shares.Baby steps, let get the sale through first.
Posted at 05/10/2023 07:35 by tomboyb
SDX Energy PLC Contract (7423O)
05/10/2023 7:00am
UK Regulatory (RNS & others)

Sdx Energy (LSE:SDX)
Intraday Stock Chart

Thursday 5 October 2023

Click Here for more Sdx Energy Charts.
TIDMSDX

RNS Number : 7423O

SDX Energy PLC

05 October 2023

5 October 2023

SDX ENERGY PLC ("SDX" or the "Company")

SDX/CITIC GAS PREPAYMENT PARTNERSHIP UPDATE

SDX is pleased to announce that, further to its announcement on 13 September 2023 where the Company announced a Gas Prepayment Heads of Terms ("HoT"), the prepayment amount of c. $1.9 million has now been received from DIKA MOROCCO AFRICA, a 100%-owned subsidiary of CITIC Dicastal, which is a subsidiary of Citic Group, a Chinese holding company with a corporate portfolio approaching $1 trillion.

This prepayment shows evidence of a deepening partnership between SDX and CITIC Dicastal, which is the Company's largest offtaker and has an increasing and immediate demand for SDX's gas.

The funds will be used primarily to pay the costs of drilling the KSR-21 well in Morocco.

For further information:
Posted at 15/9/2023 18:23 by neo26
Sdx will only release the sale figure once they have signed the deal, maybe the other party wants to stay anonymous until deal is signed.Sdx have stated they want the deal to be concluded by year end, we will find out the sale figure before then as sdx has to give 4 week notice for egm and also they need permission from egyption authority.The share price crashed at end april 2023 when they issued results, it stated company was finding it difficult due to egypt not allowing $ to be removed out of country. Now that they have signed HoT for disposal i can see the share price recovering. Within 10 working days we will get interim results.
Posted at 08/7/2022 13:11 by hedgehog 100
30/06/2022 07:00 UK Regulatory (RNS & others) SDX Energy PLC RECOMMENDED ALL-SHARE COMBINATION WITH CASH ALTER. LSE:SDX Sdx Energy Plc
"... SDX Shareholders may elect to receive cash instead of some or all of the New Tenaz Shares to which they would otherwise be entitled to under the Combination.
Any SDX Shareholder who validly elects to only receive cash for all of their SDX Shares will receive 11 pence in cash for each SDX Share for which a valid election has been made and no New Tenaz Shares. However, SDX Shareholders may also elect to receive New Tenaz Shares in lieu of part or all of the cash consideration which they would otherwise be entitled to receive pursuant to the Cash Alternative using the following exchange ratio:
for each SDX Share 0.075 New Tenaz Shares ..."



There could be former SDX shareholders soon with spare cash to invest from the takeover of their company.

This takeover shows that producing Egyptian O&G assets are seen as very attractive to a predator.

So UOG's Egyptian assets may be of interest.

Compare the Egyptian operations of SDX and UOG, and see how similar they are.

"SDX Energy is actively involved in exploration and development activities in Egypt’s Eastern Desert and the Nile Delta."


"In Egypt, the Abu Sennan concession is located in the prolific onshore hydrocarbon-producing Western Desert region."
Sdx Energy share price data is direct from the London Stock Exchange

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