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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% 17.00 0.00 07:45:54
Bid Price Offer Price High Price Low Price Open Price
17.50 17.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 40.14 -9.36 -6.71 35
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 17.00 GBX

Sdx Energy (SDX) Latest News (2)

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Sdx Energy Investors    Sdx Energy Takeover Rumours

Sdx Energy (SDX) Discussions and Chat

Sdx Energy Forums and Chat

Date Time Title Posts
02/3/202111:13SDX Energy8,476
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 -

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Sdx Energy (SDX) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-03-04 16:42:3517.002,385405.45O
2021-03-04 15:51:4016.522,052338.99O
2021-03-04 14:54:1717.0012,0002,040.00O
2021-03-04 14:08:0716.5114,3852,374.96O
2021-03-04 14:08:0116.5114,3852,374.96O
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Sdx Energy (SDX) Top Chat Posts

DateSubject
04/3/2021
08:20
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 17p.
Sdx Energy Plc has a 4 week average price of 16p and a 12 week average price of 16p.
The 1 year high share price is 22.50p while the 1 year low share price is currently 11.50p.
There are currently 205,378,069 shares in issue and the average daily traded volume is 332,631 shares. The market capitalisation of Sdx Energy Plc is £34,914,271.73.
03/2/2021
20:55
shakeypremis: Cliches are somehow even more cliched with SDX.
26/1/2021
12:53
shakeypremis: Doubling your reserves in say a producing gold mine would result in an increase in share price. Will the same happen here with SDX? The jury is out.
26/1/2021
12:43
haywards26: Further meaningful drilling success at South Disouq has to translate into a share price re-rating this year surely...
13/1/2021
11:02
shakeypremis: Here's something I found last week and posted it on LSE board; hxxps://lematin.ma/journal/2020/sdx-energy-maroc-decroche-nouveau-financement-berd/350075.html "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."
13/1/2021
11:01
shakeypremis: Goldieshortz, nice price to get a few more. While a lot of us bought in a lot higher here, this stock has given us all multiple opportunities to scoop up stock at bargain prices. In March when everything went to sh*t I increased my holding by a third at the crazy price of 12.2p. Have bought even more between that price and 17p since. It is dirt cheap down here based on current fundamentals, let alone what SDX might be capable of achieving in the future.
19/11/2020
14:05
hiddendepths: It's all rather good, isn't it? The share price would suggest otherwise!
18/11/2020
15:24
shakeypremis: #SDX are hosting a Capital Markets Day on Thursday 19th November from 3pm-5pm (GMT) – contact sdx@camarco.co.uk for the details. Speakers at the CMD will include Mark Reid and Nick Box and members of the #SDX subsurface and operations team.
09/10/2020
08:32
shakeypremis: Auctus Advisors report hxxps://wp-sdxenergy-2020.s3.eu-west-2.amazonaws.com/media/2020/10/07151205/SDX-05.10.2020.pdf Pinch of salt of course as SDX pay these guys for reports like this and other things. October presentation. hxxps://wp-sdxenergy-2020.s3.eu-west-2.amazonaws.com/media/2020/10/04195100/SDX-Corporate-Presentation-October-2020.pdf South Disouq has lots of further potential, murmurings in the presentation that if Hanut comes in then the production profile may possibly be increased (>50mmcf/d).
11/3/2020
10:33
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.
10/3/2020
10:45
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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