Crude Oil (WTI)

Commodity

XD0015948363

Delayed OTC Data Services 06:44:29 2024-04-29 pm EDT			5-day change	1st Jan Change
82.35 ^USD	-0.82%		+0.38%	+15.52%

Apr. 29	Energy Up as Gaza Ceasefire Hopes Build -- Energy Roundup	DJ
Apr. 29	Brazil's Petrobras first quarter oil production rises by 4.4%	RE

AIM WINNERS & LOSERS: Beacon Energy surges on finding oil-reservoirs

August 18, 2023 at 05:20 am EDT

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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AIM - WINNERS

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Beacon Energy PLC, up 35% at 0.14 pence, 12-month range 0.06p-0.16p. The Germany-focused upstream oil & gas company announces its subsidiary finds "good quality" oil-bearing reservoirs in the Meletta-Schichten sandstone and the Pechelbronner-Schichten sandstones on the Schwarzbach-2(2.) well in Germany. Says the initial evaluation of the logs over the Pechelbronner-Schichten indicates a 34-metre gross interval containing 28 metres of oil-bearing net reservoir, with porosities averaging 18% and up to 28%, "all of which significantly exceed pre-drill estimates". CEO Larry Bottomley says: "The operations team will now focus on completing the well for production and we will update the market as appropriate".

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Smarttech247 Group PLC, up 4.8% at 33.00p, 12-month range 29.01p-36.94p. The Cork-based artificial intelligence-enhance cybersecurity services provider receives approval for its VisionX platform to be listed on the Amazon Web Services Marketplace. VisionX is the firm's flagship product, and is an AI-enabled, managed detection and response platform. Notes listing a product on the AWS Marketplace has benefits including a large customer base, streamlined purchasing processes and scalability.

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AIM - LOSERS

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Trafalgar Property Group PLC, down 13% at 0.1p, 12-month range 0.1p-0.38p. The south-east England-focused residential property developer raises GBP125,000 via a placing of 125.0 million shares at 0.1p each. The issue prices is a 13% discount to Thursday's closing price of 0.115p. Will use funds as additional working capital.

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By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
AMAZON.COM, INC.	181 USD	+0.75%	+0.79%	1,869B
BRENT CRUDE OIL SPOT	87.25 USD	-0.30%	+0.39%	-
WTI	82.36 USD	-0.81%	+0.38%	-
SMARTTECH247 GROUP PLC	20 GBX	0.00%	+5.26%	30.91M
BEACON ENERGY PLC	0.06 GBX	+4.35%	+15.38%	13.14M
TRAFALGAR PROPERTY GROUP PLC	0.0425 GBX	0.00%	-5.56%	210K

Latest news about Crude Oil (WTI)

Energy Up as Gaza Ceasefire Hopes Build -- Energy Roundup	Apr. 29	DJ
Brazil's Petrobras first quarter oil production rises by 4.4%	Apr. 29	RE
Petrus Resources Declares Monthly Dividend For May 2024	Apr. 29	MT
TAG Oil Reports Results For Financial Year End	Apr. 29	MT
Topaz Energy Reports Q1 Earnings Miss, But 2024 Guidance Estimates Confirmed	Apr. 29	MT
Tesla Rally Boosts S&P 500, Nasdaq; This Week's Earnings, Fed Decision in Focus	Apr. 29	MT
TSX climbs back above 22,000 as resource shares rally	Apr. 29	RE
Topaz Energy Brief: For the balance of 2024, Topaz's dividend is sustainable down to very low commodity prices ($0.01 per mcf natural gas and US$50.00 per bbl crude oil)	Apr. 29	MT
Equity Markets Rise With Key Earnings, Fed Decision in Focus	Apr. 29	MT
Gibson Energy Posts Q1 Net Income Drop Despite Higher Revenues	Apr. 29	MT
TSX Closer: Geopolitical Tensions and Rising Resources Issues Push the TSX Higher Again	Apr. 29	MT
Athabasca Oil Brief: National Bank Says Rating and Target Reflect Its "Noted Fair Value" Based On a 2024e EV/DACF of 6.0x, and "Leaves Upside Through Corporate Execution of Growth"	Apr. 29	MT
Athabasca Oil Brief: National Bank Initiating Coverage With a Sector Perform Rating and $6.50 Target	Apr. 29	MT
News Highlights : Top Energy News of the Day - Monday at 4 PM ET	Apr. 29	DJ
US Equity Markets Close Higher Monday Ahead of Earnings, Fed Meeting This Week	Apr. 29	MT
U.S. Adds 2.3 Million Bbl to Strategic Petroleum Reserve in April -- OPIS	Apr. 29	DJ
TotalEnergies Highlights European Oil Majors' Structural Disadvantage in US Listings, RBC Says	Apr. 29	MT
Equities Higher as Traders Await This Week's Key Earnings, Fed Decision	Apr. 29	MT
Sector Update: Energy Stocks Higher in Late Monday Afternoon Trading	Apr. 29	MT
ICE Review : Canola Ends the Day Down Slightly	Apr. 29	DJ
Oil refiner Neste says CEO Matti Lehmus will be stepping down	Apr. 29	RE
Sector Update: Energy	Apr. 29	MT
WTI Closes Lower Ahead of This Week's Fed Meeting; Geopolitical Risks Ease	Apr. 29	MT
June WTI Crude Oil Contract Closes Down US$1.22; Settles at US$82.63 per Barrel	Apr. 29	MT
Equities Rise Intraday as Traders Await This Week's Key Earnings, Fed Decision	Apr. 29	MT

Headlines

Russia Lowers Oil Export Price Forecast, but Could Make up for Revenue Decline with Higher Volumes, Commerzbank Says

April 29, 2024 at 06:13 am EDT

Crude Oil Prices Stabilize After Volatile First Half-Month as Focus Returns to Fundamentals, Commerzbank Says

April 29, 2024 at 06:05 am EDT

Commerzbank Notes Risk Premium Expected to Remain Amid Geopolitical Developments

April 19, 2024 at 05:44 am EDT

Oil Market's Reaction to Iran's Attack on Israel 'Surprising,' Commerzbank Says

April 17, 2024 at 06:20 am EDT

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