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SENX Serinus Energy Plc

3.05
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Serinus Energy Plc LSE:SENX London Ordinary Share JE00BNNMKT29 ORD NPV
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 3.05 4,112 07:36:40
Bid Price Offer Price High Price Low Price Open Price
3.00 3.10 3.05 3.05 3.05
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil & Gas Field Services,nec USD 15.84M USD -13.02M USD -0.1151 -0.26 3.45M
Last Trade Time Trade Type Trade Size Trade Price Currency
08:01:41 O 58 3.10 GBX

Serinus Energy (SENX) Latest News

Serinus Energy (SENX) Discussions and Chat

Serinus Energy Forums and Chat

Date Time Title Posts
17/4/202418:56Multi bagger alert13
15/4/202413:36Serinus Energy Plc2,409
02/5/202307:40Serinus Energy45

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Serinus Energy (SENX) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
07:01:423.10581.80O
07:01:423.103,889120.56O
07:01:423.00330.99O
07:01:413.001253.75O
07:01:413.0070.21O

Serinus Energy (SENX) Top Chat Posts

Top Posts
Posted at 19/4/2024 09:20 by Serinus Energy Daily Update
Serinus Energy Plc is listed in the Oil & Gas Field Services,nec sector of the London Stock Exchange with ticker SENX. The last closing price for Serinus Energy was 3.05p.
Serinus Energy currently has 113,097,000 shares in issue. The market capitalisation of Serinus Energy is £3,449,459.
Serinus Energy has a price to earnings ratio (PE ratio) of -0.26.
This morning SENX shares opened at 3.05p
Posted at 10/1/2024 10:58 by tanners
@Researchcentre123....why don't you pop over to the MPL thread and see the latest share price fall falling your moronic ramping?
Posted at 10/11/2023 07:57 by patio58
Serinus Energy PLC Holding(s) in CompanySource: UK Regulatory (RNS & others)TIDMSENXRNS Number : 0025TSerinus Energy PLC10 November 2023TR-1: S tandard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) (i) 1a. Identity of the issuer or the Serinus Energy Plc underlying issuer of existing shares to which voting rights are attached (ii) : -------------------------------------------- 1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) Non-UK issuer X ---- 2. Reason for the notification (please mark the appropriate box or boxes with an "X") An acquisition or disposal of voting rights X ---- An acquisition or disposal of financial instruments ---- An event changing the breakdown of voting rights ---- Other (please specify)(iii) : New issue ---- 3. Details of person subject to the notification obligation Name Xtellus Capital Partners INC City and country of registered office NY NY USA (if applicable) 4. Full name of shareholder(s) (if different from 3.) (v) Name -------------------------------------------- City and country of registered office (if applicable) -------------------------------------------- 5. Date on which the threshold was 11/9/23 crossed or reached (vi) : -------------------------------------------- 6. Date on which issuer notified (DD/MM/YYYY): 11/9/23 -------------------------------------------- 7. Total positions of person(s) subject to the notification obligation % of voting % of voting rights Total of both Total number rights attached through financial in % (8.A + of voting rights to shares (total instruments 8.B) of issuer (vii) of 8. A) (total of 8.B 1 + 8.B 2) ------------------ --------------------- -------------- -------------------- Resulting situation on the date on which threshold was crossed or reached 7.43% 0 7.43% 8,338,486 ------------------ --------------------- -------------- -------------------- Position of previous notification (if applicable) 5.47% 0 5.47% 6,138,487 ------------------ --------------------- -------------- -------------------- 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached (viii) A: Voting rights attached to shares Class/type of Number of voting rights % of voting rights shares (ix) ISIN code (if possible) Direct Indirect Direct Indirect (Art 9 of Directive (Art 10 of Directive (Art 9 of Directive (Art 10 of Directive 2004/109/EC) 2004/109/EC) 2004/109/EC) (DTR5.1) 2004/109/EC) (DTR5.1) (DTR5.2.1) (DTR5.2.1) -------------------------- JE00BNNMKT29 8,338,486 7.43% ---------------------- -------------------------- ------------------------- --------------------- SUBTOTAL 8. A 8,338,486 7.43% -------------------------------------------------- ------------------------------------------------ B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) Type of Expiration Exercise/ Number of voting % of voting financial date Conversion Period rights that may rights instrument (x) (xi) be acquired if the instrument is exercised/converted. ----------- ------------------------------ -------------------------------- --------------------- N/A ----------- ------------------------------ -------------------------------- --------------------- SUBTOTAL 8. B NA NA 1 ------------------------------ -------------------------------- --------------------- B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) Type of Expiration Exercise/ Physical Number of % of voting financial date (x) Conversion or cash voting rights rights instrument Period (xi) settlement (xii) ---------------- -------------------- -------------------- -------------------- N/A ----------- -------------------- -------------------- -------------------- SUBTOTAL NA NA 8.B.2 -------------------- -------------------- 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer (xiii) Full chain of controlled undertakings through which the voting rights X and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (xiv) (please add additional rows as necessary) Name (xv) % of voting rights % of voting rights Total of both if if it equals or through financial it equals or is is higher than the instruments if it higher than the notifiable threshold equals or is higher notifiable threshold than the notifiable threshold ---------------------- --------------------- ------------------------ Xtellus Partners LLC 0 0 0 ---------------------- --------------------- ------------------------ Xtellus Capital Partners Inc. 7.43% 0 7.43% ---------------------- --------------------- ------------------------ 10. In case of proxy voting, please identify: Name of the proxy holder ----------------------------------------------- The number and % of voting rights held ----------------------------------------------- The date until which the voting rights will be held ----------------------------------------------- 11. Additional information (xvi) Place of completion London AIM Date of completion 9 November 2023 ---------------- This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.ENDHOLEAXFNEFEDFFA(END) Dow Jones NewswiresNovember 10, 2023 02:00 ET (07:00 GMT)
Posted at 22/9/2023 09:12 by trader4ever
Oil price does not matter anymore for this company. Market have lost all confidence in this management, every one know Senior management is useless. J.Auld is only here to milk the remaining cash before putting this into bankruptcy. or asking again shareholders for more funds so He and his incompetent group can carry on paying themselves huge salaries.

Just check the share price history for the last 3 years you will see all the evidence you need. Not a single positive outcome in the last 3 years.

They are constantly lying to the shareholders.
Posted at 20/9/2023 13:46 by researchcentre123
You gave that warning 10 days ago. I understand that you've lost but price has been going up since your warning and assets are many times the share price. Even the greedy directors have been buying shares. Everything has a price.
Posted at 21/8/2023 10:28 by trader4ever
Three years ago J.Auld raised funds at approximately 25p per share (post consolidation) and within three years he has wasted all the money) Paying himself and his incompetent management huge salaries without delivering any shareholder value. So from 25 p to 2.5 p lost almost 90% of the share price in three years.

i hope he is not able to raise more fund as he has no credibility left. he will definitely destroy the remaining cash as well what ever is left.

In the last three years NO success only delivering FAILURES consistently.

For new investors, be very careful before investing in this company, It is run by the most incompetent management you will ever come across. They are only interested in paying themselves huge salaries.
Posted at 16/8/2023 07:32 by manual dexterity
Serinus Energy PLC Director/PDMR Purchase of Shares
16/08/2023 7:00am
UK Regulatory (RNS & others)

Serinus Energy (LSE:SENX)
Intraday Stock Chart

Wednesday 16 August 2023

Click Here for more Serinus Energy Charts.
TIDMSENX

RNS Number : 4191J

Serinus Energy PLC

16 August 2023

16 August 2023

Press Release

Director/PDMR Purchase of Shares

Jersey, Channel Islands, 16 August 2023 -- Serinus Energy plc ("the Company") has been informed that Jeffrey Auld, Chief Executive Officer of the Company, purchased on 15 August 2023 an aggregate of 250,000 Ordinary Shares in the Company at an average price of 1.95 pence per Ordinary Share. Following the purchase, Mr. Auld 's total shareholding in the Company comprises 738,875 Ordinary Shares, representing 0.6478% per cent of the Issued Share Capital of the Company.

About Serinus

Serinus is an international upstream oil and gas exploration and production company that owns and operates projects in Tunisia and Romania.

For further information, please refer to the Serinus website (www.serinusenergy.com) or contact the following:


Serinus Energy plc
Jeffrey Auld, Chief Executive Officer
Calvin Brackman, Vice President, External
Relations & Strategy +4 4 204 541 7859


Shore Capital (Nominated Adviser & Broker)
Toby Gibbs
Lucy Bowden +44 207 408 4090

Camarco (Financial PR - London)
Owen Roberts +44 203 781 8334

TBT i Wspólnicy (Financial PR - Warsaw)
Katarzyna Terej +48 602 214 353
Posted at 15/8/2023 18:36 by manual dexterity
Serinus Energy: Catalyst needed to unlock ‘deep value’, says Shore Cap
Published: 14:48 14 Aug 2023

nvestors may have fulminated at Serinus Energy PLC (AIM:SENX)’s trading update this morning, but equities analysts at Shore Capital Markets have offered an alternative viewpoint for what it now sees as an undervalued stock.

Jersey-based Serinus, which has operations in Tunisia and Romania, saw its revenues drop to US$8.9 million in the six months ended 30 June 2023, compared with $29.3 million during the same period in 2022.

EBITDA, gross profit and funds from operations also saw sharp declines, registering at $0.5 million, $0.8 million and $0.4 million respectively.

This resulted in shares being sent 16% lower as the new trading week got underway.

Yet this was “very much as we expected and consistent with prior updates”, said Shore Cap, continuing: “We continue to see strong potential for Serinus’s production enhancement work in Tunisia to drive meaningful increases in well deliverability in due course.”

Analysts see “deep value on offer” at Serinus’s current share price of 3.12p, though there are some caveats.

An “appropriate catalyst” will be required for Serinus’s “very considerable value to be unlocked”. In other words: “Some positive newsflow is likely required to drive a meaningful share price recovery."

As a house broker, Shore Cap analysts did not make any recommendations on the stock, though they did note that the US$23 million in net tangible assets on the balance sheet equates to around 15p per share, implying “a multiple of the current share price in its own right”.
Posted at 14/8/2023 07:52 by badger60
....,But Auld and the management pay themselves handsomely regardless of what the oil price or share price is doing......
Posted at 10/8/2023 13:19 by tabhair
This is a funny share to watch, they are producing and have reserves.

When the oil price goes down, the share price goes down.

When the oil price goes up, the share prices still goes down.
Posted at 03/5/2022 16:11 by redroobbo
Buy Serinus Energy ahead of the quarterly results, which should show substantial cash build
By Gary Newman | Tuesday 3 May 2022

Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Serinus Energy (SENX) shares have performed pretty badly, considering that oil and gas is currently in a bull market, but I believe that the next set of operational and financial results could be a turning point for investors.

Unlike many of the small AIM listed companies in this sector, Serinus actually produces oil and gas already, and has operations in Romania and Tunisia, as well as a decent amount of cash in the bank, but the issue always seems to have been the amounts of capital that it has to spend in order to sustain production rates – during 2021 it spent $10.1 million.

Last year it averaged 1,649 boepd between its two operations, and although the bulk of that - 1,078 boepd - came from Romania, the assets in Tunisia produced 571 boepd and there is the potential for improvements there, with a workover and pump installation at Sabria W-1, and more to follow as work is completed at other existing wells within this field.

When you consider that there is an estimated 445 million barrels of oil equivalent resources at Sabria, and only 1% of that has been produced so far, it certainly suggests that there is upside potential, and especially at current oil and gas prices. At least some of that is also likely to come in the near term with a re-entry of the N2 well planned imminently and as long as all goes well – the well was damaged when originally drilled back in 1980, so a workover is being carried out to open up the well bore – then that should be in production during the middle part of this year.

In Romania, work has also been ongoing at its Moftinu gas field, with compressors already having been installed at two of its four existing producing wells, and it has also been benefitting from much stronger gas prices on the local market – it averaged $11.45/mcf for the whole of 2021, but during Q4 prices had risen significantly and averaged $31.58/mcf, and that trend has continued so far in 2022.

One of the problems with this company is that its operations have always looked promising but have generally failed to live up to expectations, and once you stripped out the Capex being spent to maintain production, then financially it always looked far less impressive than the headline figures would suggest – although for 2021 it did record a net profit of almost $6 million, all of that actually came from the reversal of a previous provision and it would barely have broken even on its ongoing operations.

The management has never looked particularly aligned with shareholders either, and seem to have done quite well for themselves regardless of how the company has performed, both in terms of directors fees and also the award of shares under the incentives plan. That still hasn’t changed, and probably won’t, with the CEO Jeffrey Auld having just been awarded more than 3.5 million shares, and a further 2 million or so going to the CFO.

Despite all of the past issues though, I do believe that the current market cap of £19 million, at a share price of around 1.7p, is too cheap, and especially when you consider that it ended the year with $8.4 million in the bank – although it is worth noting that will all be used, and more, to cover the expected work programme for the current year.

It also has a decent amount of reserves, with 7.77mmboe of 2P, of which 3.79mmboe is 1P, for its Tunisia operations; and an additional 860,000boe of 2P, with 522,000boe of 1P, in Romania.

The results for Q1 are due at any time, judging by last year, and I would expect that the market will like them, as they should show a substantial amount of cash build, given the realised oil and gas prices during those three months, along with the fact that the company will have had little in the way of Capex.

On that basis alone, I definitely think that it is worth buying in ahead of these results, and then in terms of a longer term hold, it will all come down to just how well the company performed in terms of net free cash flow, and assessing how much of that will go into the coffers once you strip out Capex on an annualised basis.

I am holding myself for these results, and will then once I see the actual figures I will decide whether to carry on holding or whether to treat it as just a shorter term trade and cash in on any spike in share price that comes after the quarterlies are announced.

That will all come down to whether or not the figures make me believe that it can generate decent amounts of cash flow after Capex, and that it isn’t all being spent just to keep production at a stable level – if it is all having to be spent sustaining production, and given current oil and gas price levels, then I would find it hard to remain invested as it would suggest that shareholders are never likely to see much of a return, in terms of excess cash being distributed to them, or being sufficient to actually substantially increase production and keep it at higher levels.

For now though, I’m happy to remain invested and see what impact commodity prices have had, and it could potentially see a decent share price rise in the coming weeks if the market likes the results
Serinus Energy share price data is direct from the London Stock Exchange

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