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% 15.75 0.00 08:00:02
Bid Price Offer Price High Price Low Price Open Price
15.50 16.00 15.75 15.75 15.75
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 33.70 1.04 -0.73 32
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 15.75 GBX

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Date Time Title Posts
18/6/202117:30SDX Energy8,528
09/3/202008:17SDX Energy at the UK Investor Show3
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Sdx Energy (SDX) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-06-24 09:47:4015.5650077.80O
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Sdx Energy (SDX) Top Chat Posts

Sdx Energy Daily Update: Sdx Energy Plc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker SDX. The last closing price for Sdx Energy was 15.75p.
Sdx Energy Plc has a 4 week average price of 15p and a 12 week average price of 15p.
The 1 year high share price is 19.50p while the 1 year low share price is currently 14.50p.
There are currently 205,378,069 shares in issue and the average daily traded volume is 105,119 shares. The market capitalisation of Sdx Energy Plc is £32,347,045.87.
tnt99: I expect this to double way undervalued and if their current drills are successful maybe more a reduction in exploration after should explode the profit and the share priceExciting year ahead
goldieshotz: I think we can agree sdx has a bright future. The share price isnt blown out of proportion like on others around the sector and has maybe been underpriced for sometime.But i disagree, the covid crisis proved even with the world at an almost standstill, it still needed oil for manufacturing. Now due to a lack of investment for nearly a decade in the industry i've worked in. There is an elastic band about to snap and propel the price very high.Not getting into oil now would be foolish. There is targets out there i'd like to see sdx take a share of for providing cash to drill explo wells.It doesnt have to he hollywood sized fields. $15m next year on capex of a % of someones license to drill some drill ready prospects would transform this company
shakeypremis: Not sure if I agree with you regarding oil vs gas. ESG is going to start to dictate things, even in places like North Africa. Gas emits less CO2 than oil does and less particulates too. The EBRD has partnered with SDX in Morocco for this very reason, because they are supplying gas to customers who would instead be using fuel oils. Gas may well start to attract even better prices in Morocco on account of demand forced by carbon taxes etc on fuel oils etc. Maybe Egypt too, although the State are horrendous thieves there and SDX are locked in to a contract with them that I don't think is negotiable. on pricing. Maybe if they can significantly increase production, but that doesn't seem likely.
tnt99: Should be getting some news soon as drilling season must be starting let's hope things go well then maybe this share price will rocket to the moon as the Facebook users say Half way would be good lol
tnt99: Don't understand this share money in the bank exciting drill program making a profit going forward low cost production fixed prices everything is rosy valued elsewhere at over 50p but the share price doesn't move even with single purchases of 750000 shares from time to timeMust be ready to rumble on any good news
tnt99: Back in profit exciting drill program money in the bank and fixed prices what's not to like share price should triple by this time next year
shakeypremis: Well, there have been two trades today. One of 2million shares and another for 2.25million shares. These are most likely limit orders getting filled. Obviously the share price does nothing.
shakeypremis: Here's something I found last week and posted it on LSE board; hxxps:// "The European Bank for Reconstruction and Development (EBRD) signed a $ 25 million financing agreement for SDX Energy Morocco. This five-year facility includes a first committed tranche of $ 10 million to connect local industries to the company's gas fields in the Gharb region. A second uncommitted tranche of up to $ 15 million depends on SDX Energy's acquisition of other natural gas assets in the country. New EBRD support for the Moroccan energy sector. The European Bank for Reconstruction and Development has just signed a financing agreement of 25 million dollars in favor of SDX Energy Morocco. This facility, with a maturity of 5 years, is subdivided into two tranches. A first pledged of $ 10 million will be used to connect local industries to the company's existing gas fields in the Gharb region. The second uncommitted of a maximum amount of $ 15 million depends on the acquisition by SDX Energy of other natural gas assets in the country, and would take the form of infrastructure investments, in particular for the possible use of gas. '' advanced compressed natural gas (CNG) technology. According to the EBRD, this new loan will allow the Moroccan subsidiary of the British company SDX Energy Plc to finance part of its investment plan of 65 million dollars to develop its operations in Morocco and, thereby, support the efforts of the country to place gas, like renewable energies, at the center of its decarbonisation plan in response to the commitments made within the framework of the COP 21. A loan structure that does not exist on the local market The industrial acceleration that the Kenitra region is currently experiencing has led to an increase in energy demand, in particular in the new Atlantic free zone, where the manufacturer PSA and part of its ecosystem are located. “The funded project will facilitate the substitution of polluting petroleum products - essentially LPG - by cleaner natural gas in Moroccan industry, which should lead to significant emission reductions of around 200,563 tCO2eq over 10 years. SDX's additional gas supply will be used in full in the local industrial zone ”, underlines the EBRD in the loan file. The institution considers, moreover, that the loan is granted under advantageous conditions compared to the market.“The EBRD offers financing that commercial entities do not provide on reasonable market terms, such as a longer grace period. This type of financing is necessary to structure the project. The EBRD is therefore proposing a loan structure backed by a reserve that best corresponds to the nature of this development project but which is not available on the local market ”, it is specified. For her, the private oil and gas sector in Morocco is in the early stages of its creation, which hardly attracts financial institutions given their lack of expertise in this sector.Note that the EBRD had already granted in July 2018 a loan of 10 million dollars to SDX Energy Maroc to finance the improvement of upstream gas production and gas transport infrastructure associated with customers of the industrial zone of Kénitra. . It should be noted that SDX holds a direct stake of 75% in the entire Moroccan portfolio, which includes the exploration permits of Sebou Central, Gharb Occidental, Lalla Mimouna North, Moulay Bouchta Ouest and Lalla Mimouna Sud, as well as a number of exploitation concessions containing the producing wells. SDX sells the gas produced by its Moroccan assets to eight customers at contract prices of between 10 and 12 dollars / Mcf."
shakeypremis: Matchmade I agree the share price here doesn't generally make any sense. But that's where an irrational market gives you great opportunities (if you're patient). I appreciate people have different time horizons. I am 32 and can wait and have been invested here since 2017, slowly increasing my holding. Yes, heavily underwater but the current price is very tempting. Although I want to see further drilling success at SD first and I hope that SDX don't try to acquire something with a placing at the current low market cap. The share structure is heavily waited to a few large holdings, namely Waha Capital's holding through their investment vehicle SDX SPV Ltd. They haven't sold a single share in years (over ever) and hold nearly 20% of the company. Similarly with Ingalls and Synder who nearly 19% and haven't sold a single share in years (or ever in fact). The low free float here allows for wild price swings, usually to the downside but smarter money is slowly buying up all the stock. Most of the Egypt CAPEX money wasn't actually spent on drilling but on SD CPF and associated infrastructure CAPEX. A lot of the best opportunities do take many years to be realised by the market. I do think that if SDX don't find more gas in Egypt with the next few drills then they have a little bit of a problem there going forward. SDX are drilling in Morocco to increase their reserves and increase certainty of supply for their customers and potential new customers. If you've only got reserves for a year or two then potential customers may be put off. If you can say we've got your gas for 5 years and we expect to find more then that's much better. The gas they find is worth US$12/mcf. It's a cash-cow in terms of margains. Yes more customers would be better but if you can find the gas then that in itself does increase your NAV and also gives you options for the future. Maybe a bottling facility. Who knows. There is huge demand for gas in Morocco. PW really did smash the share price. His lies and over-exaggerations really hurt the investment here but didn't really change anything fundamentally. He walked the plank along with Waha's then CEO who was on the board of SDX. I personally believe they both mislead Waha - who I believe really control the company along with Ingalls (I don't know the entity behind the Ingalls holding) - and they both got the boot. Waha seem to be in this for the long haul and their current CEO on the board of SDX now. The company are project to have US$40m in cash end of 2021 and given the current malaise in the O&G market - which I believe will continue and get worse - as a debt free company generating significant free cashflow, SDX are very well placed to capitalise and pick up a great asset or two or farm in to something on the cheap. Patience grasshopppers, patience. This is a great O&G company to have an investment in at this time in history.
matchmade: I used to be invested in SDX but I have sold up because I've concluded there is simply no logic to its share price. I could do a month of detailed analysis to convince myself there is value in the share, and I could wait 3, 4 or 5 years for that value to be discovered by the market, and I've found I was just wasting my time and killing my capital. This share doesn't behave like any "normal" stock where improved profits lead to an improved share price, or a probable quick-to-market new discovery can clearly be seen to feed through to the bottom line because there is strong demand for the product. Even if you ignore oil and gas discoveries, at the very minimum you would expect that the market valuation was at least the same as the value of assets plus probable forward-looking earnings for, say, a year, less debt and estimated asset depreciation and the cost of a drilling programme. But if you do the calculations, this bears no relation at all to the actual share price. SDX does look massively undervalued, but very few major investors are interested in small O&G companies nowadays, so the share price seems to me to just follow the adrenaline rushes of small private investors, while the MMs cream off fat profits on the very wide bid/offer spread. The rot really set in with the over-promising by Paul Welch: developing the Egyptian gas took far, far too long, and there simply hasn't proved to be a sufficient market in Morocco for natural gas. You can throw money down drill holes and find lots of small, quickly-used-up gas fields until the cows come home, but even with the high prices on offer, you can't build a business if there aren't enough commercial customers or any domestic gas distribution network to speak of. Why is SDX even drilling in Morocco at the moment, when there are so few customers? Why is it doing expensive drilling in Egypt, when the price on offer from the Egyptian Government is so low, the taxes so high, and it takes so long to deliver the necessary infrastructure? It is generating good income, but low profits because most of the income is spent on new drilling rather than, say, buying real existing assets that could both generate income and offer scope for expansion.
Sdx Energy share price data is direct from the London Stock Exchange
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