Sterling Energy Share Price (SEY)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Sterling Energy	LSE:SEY	London	Ordinary Share	GB00B4X3Q493	ORD 10P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	-0.375p	-2.52%	14.50p	13.75p	15.25p	-	-	-	6,186	16:35:25

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Oil & Gas Producers	3.9	-6.9	-3.1	-	31.91

Related Shares
Shell A (RDSA), BP (BP.), Path Investmen. (PATH), Mayan (MYN)

Sterling Energy (SEY) Latest News

Sterling Energy News

Date	Time	Source	Headline
28/7/2017	12:06	ALNC	Sterling Energy Interim Loss Narrows, Oil Production Increases
28/7/2017	07:34	ALNCF	Alliance News Flash Headline
28/7/2017	07:00	UKREG	Sterling Energy PLC Results for the six months ending 30 June 2017
14/6/2017	15:45	UKREG	Sterling Energy PLC Completion of Capital Reduction
09/6/2017	13:21	ALNC	Sterling To Start 2D Seismic Over Odewayne Block With Genel
09/6/2017	13:00	UKREG	Sterling Energy PLC Odewayne, Repubilc of Somaliland
25/4/2017	13:54	UKREG	Sterling Energy PLC Result of AGM
25/4/2017	13:41	ALNC	Sterling Energy Fails To Escape Losses Despite Revenue And Output Lift
25/4/2017	07:00	UKREG	Sterling Energy PLC Interim Management Statement
03/4/2017	13:18	ALNC	Sterling Energy Tweaks Odewayne Terms Signed With Petrosoma In 2013

More Sterling Energy News

Sterling Energy Takeover Rumours

Sterling Energy (SEY) Share Charts

1 Year Sterling Energy Chart

1 Month Sterling Energy Chart

Intraday Sterling Energy Chart

Sterling Energy (SEY) Discussions and Chat

Sterling Energy Forums and Chat

Date	Time	Title	Posts
28/7/2017	17:51	sterling energy - a new beginning - sangaw 2010	6,075
10/7/2017	13:45	Sterling ... somthing is cooking	2
28/9/2016	09:23	We need a 'Sterling' effort to move the sp north in 2009	6,128
12/2/2015	09:32	WHAT THE FUCK IS GOING ON ?	106
02/12/2014	16:20	STERLING ENERGY (A sterling performance in the making)	20,229

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Sterling Energy (SEY) Most Recent Trades

Trade Time	Trade Price	Trade Size	Trade Value	Trade Type
15:46:02	14.22	2,062	293.19	O
15:35:54	14.21	2,062	293.01	O
15:11:31	14.14	1,299	183.68	O
09:30:49	14.33	763	109.30	O

View all Sterling Energy trades in real-time

Sterling Energy (SEY) Top Chat Posts

Date	Subject
22/8/2017 09:20	Sterling Energy Daily Update: Sterling Energy is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker SEY. The last closing price for Sterling Energy was 14.88p. Sterling Energy has a 4 week average price of 14p and a 12 week average price of 14p. The 1 year high share price is 18.25p while the 1 year low share price is currently 14p. There are currently 220,053,020 shares in issue and the average daily traded volume is 60,282 shares. The market capitalisation of Sterling Energy is £31,907,687.90. Read Full Thread Reply
22/7/2017 09:29	irish 2003: Re Cash required to decommission existing activities, in particular the Chinguetti Field: I have never seen a PSA in the last 25 years that does not require the Operator and JV partners to establish a Sinking Fund for decommissioning, financed from cash from every barrel sold over the life time of the field. This Sinking Fund is not just to protect the host country from the Operator doing a runner, its also there to protect the Operator form the junior JV partners from also do a runner (or in bankruptcy). So the cash for the decommissioning should already be in the SPV Co set up by the operator for Chinguetti Field. Thus no cash should be required from Sterling. In deed Sterling might get cash from the SPV if decommissioning costs are lower (which they are these days). Maybe if there was a disaster in the Chinguetti Field, then probably the cash in the Sinking Fund would not be enough, but that should be covered by insurance. This is why I am sure the management are going to do an MBO. Shareholders who are so frustrated with this management, might be inclined to think the management are just stupid. Believe you me, nobody in the Oil industry is stupid, especially when the see an easy opportunity. They are not communicating any of this information to the market, hoping the shares will drift lower, say 12p, and then launch the MBO (very easy money). So sit tight if you don’t need to sell. I still say free cash is 28p and Somaliland maybe 16p now that they have done the Seismic (without any trouble). And remember Genel also pay for ALL COSTS including the 1st well, so it’s a completely free ride for Sterling (no cash required). If the hit c 50m barrel in the 1st well, at $5 a barrel that’s is worth another c. 30p a share to Sterling. Genel are targeting 1,000 barrels in the block so the share price will go crazy. So that is 44p a share now, and if they hit oil in Somaliland 75p to blue sky. A MBO will make millions and millions (at no cost, its all there in cash). Read Full Thread Follow Reply
21/6/2017 11:14	irish 2003: Sterling Energy are closing down all operations, except for Somaliland, which they will probably sell. They have passed a resolution to free up reserves to pay out £40m And they have $80m in cash = 28p a share For all holders (who have suffered with this management), it might be a bit crazy to sell if you don’t have to. MBO ? I think the management are deliberately driving the share price south … why?? MBO, great, we will get our cash back, should be 22p to 25p a share Read Full Thread Follow Reply
27/4/2017 06:08	ohisay: I very much doubt they'll do anything substantive - those 3 neds resigning last year just about sums SEY up. https://uk.advfn.com/stock-market/london/sterling-energy-SEY/share-news/Sterling-Energy-PLC-Board-Changes/72659971 Read Full Thread Follow Reply
27/4/2017 04:08	septimus quaid: These type of small, Wild West style, oil exploration companies are purely binary. Unlike other small caps, there will be no gradual emergence into profitability. Instead, they either discover a producer/exporter well (joy but with 10% probability) or fail (virtual loss of your investment and 90% probability). No amount of charismatic management is going to change the geology, oil, water, gas or governmental risks associated with a given explorer well. They (the management) might influence the profit/expenditure sharing arrangements with other parties and they might have the experience/background necessary to optimise the test drill cost/efficiency/choice of location. ...but geology not. The unusual situation with SEY at the moment is that the share price is low compared to its cash reserves. So, with the exception of the Chinguetti decommissioning costs (and heaven knows how long that hand wringing exercise is going to go drag on for), anyone buying in now is getting their roll of the 10 sided dice on the relative cheap. Read Full Thread Follow Reply
19/1/2017 20:47	888icb: It is interesting that YF Financial became a 15% holder in April 2016 but the Company failed to RNS this until 5/1/17 due to an oversight. I don't believe that it was an oversight. I accept that the Directors only come out of hibernation for a few days per year to collect their unearned salaries. But as they have done nothing for several years other than sit on a large pile of our cash which is not reflected in the share price, it seems incredible that they failed to report a major change in a shareholder which was probably the most exciting thing that has happened for years. The Directors continue to be an absolute disgrace. Read Full Thread Follow Reply
26/9/2016 17:40	888icb: A little movement on the share price such that we started Sept just below 15p and today we are touching 18p. The last time we saw 18p was May 2015. Read Full Thread Follow Reply
01/12/2015 14:22	puffin1: Looks like a Ski slope the share price ! think i will cut my loss in the New Year and Quit nothing good for share holders to keep holding , Management still taking a large slice of the pie for zilch Read Full Thread Follow Reply
15/4/2015 20:28	hugepants: You are ignoring current liabilities of $17M. There's also inventory and trade receivables of $5.5M. Netting that off takes 3.5p per share off your total. I think another reason for the current share price is SEY has a drilling commitment that isn't all that attractive re risk/reward. See posts #5865 and #5866 by ghhghh. After drilling there may be only $50M left. Read Full Thread Follow Reply
10/2/2014 08:57	888icb: The news flow from SEY continues. Great news that the drill bit is turning and at someone else's expense ie Murphy Oil. If this hits what they hope to find then it will be transformational for the share price. Let's hope this is SEY's year after all the years of inactivity. Read Full Thread Follow Reply
04/7/2010 22:12	clunes100: Based on 3.666bn barrels and 40% recoverable. 3.666 * .4 = 1.4664 * .08 (SEY contract) = 117.3m * .6 (addax farm in effect) = 70m profit barrels to SEY The questions are then: How do value reserves? Political situation/risk? Production rates? Commercialisation costs? Timescales? Quality of oil/porosity of rock/decline of fields/further discoveries? Further farm out, financing costs or dilution? Capitilisation of SEY in profit and reserve terms = SEY share price? If you said oil recovered in 20 years = 70,ooo,ooo * 80 ($) = 5600bn / 20 = 280 / 1.6 (£) = 175m p.a. Reserves P1 (?) Cash and other assets versus costs (costs also recoverable against production)? I don't see £10-15 share price unless production is prodigeous, recovery is high and more discoveries are made or the field is heading to the 5-10bn barrels. I struggle with the short term share price value and think that a takeover is the only thing that will realise share price vlaue in the short term until; the field is proven up, commercialised and significant oil revenues are produced and all this assuming a favourable and stable political environement. Don't get me wrong, I hope for a couple of bags on news but 10 bagger in the short term is unrealistic. Can anyone make something of my figures in terms of sp, I would be interested along with the reasoning. Read Full Thread Follow Reply

Sterling Energy share price data is direct from the London Stock Exchange

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