Oil and Gas

Markets are trading up today but Oil does not seem to catch a break. Its downward slide is still on and it is trading 1.93 percent down at $90.12, after sliding below $90 in the early trades. Also, the entire energy sector is in the red zone, going against the broad market trend. The impact […]

Oil and gas engineering and contracting services provider Lamprell plc (LSE:LAM) warned today it will end the current fiscal year at a loss “significantly greater” than previously estimated and said it plans to appoint external advisors to determine how much the loss will be, following several delays in delivery of projects during the year. Back […]

Anyone who glanced at the trading board on the London Stock Exchange will definitely be prompted to ask what’s going on at Sound Oil plc (LSE:SOU). Looking at the turnover and the frequency at which the shares are being traded would make one trader initially think the oil and gas industry player has struck multi […]

There is a BUY signal on Petrel Resources (LSE:PET). This market is in an intriguing situation as buying pressures now exist on the stock. Pressure is what makes a market move in a direction, and it showcases what bulls and bears are doing and the kind of emotions they have. What is happening on the […]

Sound Oil (LSE:SOU) 3 In 1 On The Charting Buy Argument While the stock market seems to have gone crazy on the fundamentals of Sound Oil in terms of the fundamentals, and the likelihood of gas production by the end of the year, the technicals are if anything even more rosy. This is said on […]

Heavy trading of shares of Sound Oil plc (LSE:SOU) was seen earlier today after the independent oil and gas explorer said the regional authorities have approved its Environmental Impact Assessment in relation to the Rapagnano gas project in Central Italy, sparking hopes the company will start producing gas soon. Sound Oil stocks spiked 21.1% to […]

I have noted before that the valuation of AIM listed investment company Zoltav Resources (LSE:ZOL) is a total joke. Results today suggest that other folks are starting to twig. I am aware that Roman Abramovich’s son is the largest  shareholder so that might float your boat but this good ship is going down. The shares […]

Another day and another release from AIM listed oil and gas penny share dreadful Sefton Resources (LSE:SER) which is laden with optimism but tells you absolutely nothing. But it does at least appear that there is some movement on disclosure – i.e. it admits that the market was misled but it has not admitted to […]

Oil and gas explorer Cairn Energy (LSE:CNE) authorised another sale of a portion of its interest in Cairn India Limited, in line with the company’s mandate of being an exploration and development company. As announced earlier today, the independent oil and gas inked a deal to complete an on-market sale of 8% of its shareholdings […]

Iofina PLC shares (LSE:IOF) are expected to continue going up from the upward breakout that occurred on August 24, 2012. Brave speculators stand a chance to harvest financial rewards from this market. The present price situation is testing the courage of investors and traders, no matter the type of trading approach and knowledge possessed. Normally, […]