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  • 14 Jun 21
Cenkos: Oil & Gas Sector -- Getech Group, 88 Energy, Westmount Energy, Orcadian Energy, Longboat Energy, Hurricane Energy, Reabold Resources, Pharos Energy, Gulf Keystone Petroleum, Cairn Energy, EnQuest, Serica Energy, ExxonMobil Corporation, President En

Oil posted its third straight weekly rise on improving demand, with the International Energy Agency warning the market will need extra supply next year. Futures in New York rose 1.9% this week, extending its rally to the highest settle since October 2018. The IEA said that OPEC and its allies will need to lift output to keep the market adequately supplied, though the agency predicted demand will not reach pre-virus levels until late 2022. Meanwhile, road traffic in the US and much of Euro

Companies: FO 88E DEC EME GTC TRIN UOG

  • 07 Jun 21
Cenkos: Oil & Gas Sector -- Trinity Exploration & Production, United Oil & Gas, Argos Resources, Longboat Energy, Savannah Energy, Hurricane Energy, I3 Energy, PetroTal Corp, Pharos Energy, Equinor ASA, Block Energy, Ithaca Energy, BP, Southwestern Energy,

Oil and gasoline futures both posted their second weekly gain in a row as expectations for a demand pick-up from the northern hemisphere's summer begin to come to fruition. Futures in New York rose nearly 5% this week, the largest such increase since mid-April. A string of data this week so far affirmed the market's bet that higher vaccination rates and continuing reopening efforts are unleashing pent-up demand this summer. On the supply side, oil is garnering support from deferred expecta

Companies: FO 88E DEC EME GTC TRIN UOG

  • 02 Jun 21
Cenkos: Trinity Exploration and Production Plc -- 2020 results and LOA Update

Despite a challenging backdrop of weak oil prices and a global pandemic, Trinity made significant progress in 2020, proving the resilience of its business model. Trinity not only met its production target, increasing production by 7% YoY but also delivered a fifth consecutive year of operating break even below US$30/bbl. The Company has also announced that it has renewed its onshore Lease Operatorship Agreements (LOA's) for a 10 year period, double the previous tenure, and on improved terms. We

Companies: Trinity Exploration & Production Plc
  • 01 Jun 21
Cenkos: Oil & Gas Sector -- 88 Energy, Falcon Oil & Gas, Westmount Energy, Trinity Exploration & Production, Chariot Oil & Gas, Hurricane Energy, Savannah Energy, Touchstone Exploration, Serica Energy, Energean, President Energy, Coro Energy, Challenger En

Oil posted its biggest weekly gain since the middle of April ahead of the US Memorial Day weekend that kicks off the country's summer driving season. West Texas Intermediate rose 4.3% this week. A spate of positive US economic data this week continued to highlight the recovery taking shape in the world's largest oil-consuming country, while Americans are expected to unleash demand built up during the pandemic from this weekend onward. With more drivers taking to the road and with some of t

Companies: FO 88E DEC EME GTC TRIN UOG

  • 24 May 21
Cenkos: Oil & Gas Sector - Trinity Exploration & Production, Diversified Energy Company, Getech Group, Kistos, Phoenix Global Resources, Union Jack Oil, Rockhopper Exploration, Sound Energy, Siccar Point Energy, SDX Energy, Nostrum Oil & Gas, Pantheon Reso

Trinity Exploration & Production, Diversified Energy Company, Getech Group, Kistos, Phoenix Global Resources, Union Jack Oil, Rockhopper Exploration, Sound Energy, Siccar Point Energy, SDX Energy, Nostrum Oil & Gas, Pantheon Resources, Gran Tierra Energy, Hurricane Energy, Wintershall DEA

Companies: GTE DEC GTC HUR KIST NOG PANR PGR RKH SDX SOU TRIN UJO

  • 17 May 21
Cenkos: Oil & Gas Sector -- Tethys Oil, Neptune Energy, VAALCO Energy, Valeura Energy, Touchstone Exploration, Serinus Energy, Kosmos Energy, Hurricane Energy, EnQuest, PetroTal Corp, Occidental Petroleum Corporation, Santos, Tamboran Resources, ExxonMobil

Oil in New York surged the most in a month on Friday as prices garnered support from a recovery in equities and a softer dollar. West Texas Intermediate climbed back above $65 a barrel, eking out a third straight weekly gain as a weakening dollar boosted appeal for commodities priced in the currency. Concerns persist over the spread of Covid-19 in Asia, which has tempered further gains. Progress on reopening economies in countries including the US supports expectations for heavy summer tra

Companies: FO 88E DEC EME GTC TRIN UOG

  • 10 May 21
Cenkos: Oil & Gas Sector -- Trinity Exploration & Production, United Oil & Gas, Empyrean Energy, Diversified Energy Company, Getech, i3 Energy, Gran Tierra Energy, SDX Energy, Afrenta, Jersey Oil & Gas, Echo Energy, Cadogan Petroleum, APA Corp, TransGlobe

Oil posted a gain this week as expectations for growing economic activity in nations from the US to Europe fuelled optimism around stronger summer demand. Futures in New York advanced 2.1% this week in the first back-to-back weekly increase since early March. Fuel sales in the UK rose to the highest since the pandemic again, and in the US, refineries are running at their highest rate since the pandemic began as they gear up for the summer driving season. Crude's advance this week comes amid s

Companies: FO 88E DEC EME GTC TRIN UOG

  • 04 May 21
SP Angel Oil & Gas Daily Flow: 04/05/21

Market update - 04/05/2021

Companies: HE1 SDX TRIN UOG

  • 04 May 21
Cenkos: Trinity Exploration and Production Plc -- Strategic Acquisition

Trinity has announced the strategic bolt-on acquisition of a 100% operated interest in the producing PS-4 lease block, onshore Trinidad, for a headline cash consideration of US$3.5m. Strategically located up-dip of Trinity's largest and most prolific onshore block, WD-5/6, PS-4 adds considerable additional opportunity in a licence which has been significantly underinvested in over the last 30-40 years. With 80% of the PS-4 block covered by Trinity's 3D seismic, Trinity will be able to integrate

Companies: Trinity Exploration & Production Plc
  • 04 May 21
Cenkos: Oil & Gas Sector -- Argos Resources, United Oil & Gas, Diversified Gas & Oil, Falcon Oil & Gas, 88 Energy, EnQuest, BP, Royal Dutch Shell, Equinor ASA, Repsol SA, ENI SpA, Total SE, Seplat Petroleum Development Company, Aker BP, PTTEP, Jadestone En

Oil rose this month with a slew of positive economic data and signs of a budding fuel consumption revival in key economies offsetting a worsening coronavirus crisis elsewhere. Futures in New York rose this week, extending its monthly gain to 7.5%. The near-certain likelihood of higher fuel consumption in the US, China and the UK has brightened the overall demand outlook, even as a resurgent pandemic in countries such as India, Brazil and Japan cloud those prospects. OPEC and its allies see wo

Companies: FO 88E DEC EME GTC TRIN UOG

  • 19 Apr 21
Cenkos: Trinity Exploration and Production Plc -- Q1/21 Update

Trinity has released a Q1/21 update ahead of its 2020 full year results in May 2021. Having proven its low cost, low risk production model during the past 12-months, which has seen one of the worst downturns in the history of the industry, Trinity's focus is now on scaling with the backdrop of a much improved oil price outlook. Production during Q1/21 was resilient having reduced by a modest 3% QoQ to 3,107bopd, in spite of Trinity not drilling any new wells since 2019. Net average production gu

Companies: Trinity Exploration & Production Plc
  • 19 Apr 21
Cenkos: Oil & Gas Sector -- Empyrean Energy, United Oil & Gas, 88 Energy, Independent Oil & Gas, Touchstone Exploration, Serica Energy, Sound Energy, Gran Tierra Energy, Coro Energy, ENI SpA, Europa Oil & Gas, Helium One, JKX Oil & Gas, Borders & Southern

Oil posted the biggest weekly gain since early March as signs emerged of a recovery from the pandemic gaining traction in the US and China. Futures in New York advanced 6.4% this week, despite eking out a small loss on Friday. On the heels of robust economic figures out of the US, data from China showed its gross domestic product climbed 18.3% in the first quarter from a year prior as consumer spending beat forecasts. In March, China's refiners processed about 20% more crude than a year earli

Companies: FO 88E DEC EME GTC TRIN UOG

  • 12 Apr 21
Cenkos: Oil & Gas Sector -- United Oil & Gas, 88 Energy, Argos Resources, Diversified Gas & Oil, Pharos Energy, IGas Energy, PetroTal Corp, Block Energy, Pantheon Resources, Hurricane Energy, Enwell Energy, Caspian Sunrise, Ithaca Energy

Oil posted its worst week in three amid concerns that rising global coronavirus cases are slowing the economic recovery. West Texas Intermediate futures ended the week down 3.5%, the biggest weekly loss since mid-March. With the Organisation of Petroleum Exporting Countries and its allies planning to start raising output, markets are now focused on whether the demand recovery will be enough to absorb growing supplies. While consumption is climbing in India and the US, rising virus cases an

Companies: FO 88E DEC EME GTC TRIN UOG

  • 06 Apr 21
Cenkos: Oil & Gas Sector -- 88 Energy, GETECH Group, Westmount Energy, Ithaca Energy, Touchstone Exploration, Deltic Energy, Advance Energy, Gulf Keystone, JKX Oil & Gas, Enwell Energy, Helium One, Pantheon Resources, Bowleven, Parkmead Group, Zephyr Energ

West Texas Intermediate (WTI) and Brent crude oil futures posted solid increases Thursday. WTI for May delivery gained $2.29 to settle at $61.45 per barrel. The benchmark traded within a range from $58.86 to $61.75. The June Brent futures price closed at $64.86 per barrel, reflecting a gain of $2.12. Oil futures received a boost from the OPEC+ group of major producers' decision to ease output from May to July. The May reformulated gasoline (RBOB) contract price added less than a penn

Companies: FO 88E DEC EME GTC TRIN UOG

  • 29 Mar 21
Cenkos: Oil & Gas Sector -- 88 Energy, Touchstone Exploration, Serinus Energy, Chariot Oil & Gas, EnQuest, Valeura Energy, Lekoil, Global Petroleum, Saudi Aramco, Africa Energy, Bahamas Petroleum, Gulf Keystone Petroleum, Longboat Energy, Tethys Oil, Equin

Oil in New York barely nudged this week despite whipsawing over several days, as renewed lockdowns in some regions blunted near-term demand outlooks and muted the impact of a standstill at the Suez. West Texas Intermediate futures fell less than 1% to close the week at $60.97, while Brent crude just barely eked out a gain, snapping a streak of back-to-back weekly declines. Futures rose almost 6% and fell nearly 5% in sessions this week as traders recalibrated their positions from day-to-day.

Companies: FO 88E DEC EME GTC TRIN UOG

Trinity Exploration & Production Plc

Company Profile

  • Personnel
  • Bruce Alan Ian Dingwall, CBE (Executive Chairman) | Jeremy Bridglalsingh (Executive Director/Managing Director)

Research, Charts & Company Announcements

Research Tree provides access to ongoing research coverage, media content and regulatory news on Trinity Exploration & Production Plc. We currently have 158 research reports from 6 professional analysts.

  • Open: 16.2p
  • Range Today: 16.0/16.3p
  • 52 Week: 6.70/18.8p
  • Daily Volume: 193.5k
  • Daily Liquidity: (0.05%)
  • # Shares: 388.8m
  • Market Cap: £63.2m
  • Latest PE (hist):
  • Div Yield:

Latest News/RNS

(more news)
Date Source Announcement
18Jun21 11:18 RNS Trinity Exploration - Result of AGM
18Jun21 07:00 RNS Trinity Exploration - AGM Statement and Investor Presentation
02Jun21 07:00 RNS Trinity Exploration - Onshore Licences renewed for 10 years
01Jun21 07:00 RNS Trinity Exploration - MOU signed with The University of the West Indies
26May21 13:19 RNS Trinity Exploration - Holding(s) in Company
26May21 12:14 RNS Trinity Exploration - Proposed Capital Reorganisation and Notice of AGM
18May21 07:00 RNS Trinity Exploration - Final Results
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  • 17 Jun 21
i3 Energy (I3E) - Operational update, income forecast & dividend update

i3 Energy announced that it is increasing its next-twelve-month net operating income guidance to $US44M (pro forma acquisitions and associated recompletions/drilling). Net of our estimated G&A expenditure of $US8.0M (£5.7M) that equates to an adjusted cash flow from operations estimate of $US36.0M (adjusted to nullify the effects of debt). That compares to our prior estimated adjusted cash flow from operations estimate of $US29.6M. The increase reflects operational activity, namely, the drilling

Companies: i3 Energy Plc
  • 01 Jun 21
A Midsummer Day’s Dream…..

As midsummer’s day looms (where has this year gone?), there is greater optimism, in general, than may have been anticipated a few months ago. A post-pandemic, ‘vaccine-driven’ recovery demonstrated by increased consumer spending as lockdown measures are lifted has been one of the catalysts. The FTSE 100 has been range-bound in the last month 6,900-7,100. We have seen a combination of broadly positive company results across a range of sectors, further examples of M&A activity and a sequence of ne

Companies: AMYT ARBB ARW BAG BEG BONH BWNG CWK DNK EML EPWN FBD FA/ GPH GSF GNC HUW IGC INSE KAPE KP2 MMAG NRR NESF OTMP ROL RUA SEN SUR TON TOU TXP TGL VLS WINK

  • 17 Jun 21
Hurricane Energy - Lancaster production approval

Lancaster production approval

Companies: Hurricane Energy Plc
  • 11 Jun 21
Auctus on Friday - 11/06/2021

AUCTUS PUBLICATIONS ________________________________________ Calima Energy (CE1 AU)C; Target of A$0.035 per share: Increasing investment and production outlook - Production at the end of May was 3,100 boe/d with a further eight wells expected on stream by YE21. This level of production is above forecast and reflects the strong performance of the drilling at Brooks. Calima is increasing its capex programme from C$17 mm to C$20 mm with two new wells being added to the FY21 drilling programme (exc

Companies: XOM XOM SQZ PTR MAHAA JSE FEC EQNR EQNR CNE CNE CE1 88E PEN PEN GPRK GPRK

  • 14 Jun 21
Sound Energy* (BUY): Accretive transaction increases Eastern Morocco exposure

In a significant update, Sound has announced that it has entered into an SPA with Schlumberger to acquire its full 27.5% working interest in Eastern Morocco. On completion, the transaction significantly increases Sound's discovered and undiscovered resource position in the region, ahead of ramping up its transformational phased development strategy at Tendrara. Upon securing the funds following the signing of a previously announced deal with Afriquia Gaz, the Company will remain fully funded for

Companies: Sound Energy plc
  • 18 Jun 21
SP Angel Morning View: Copper prices pull back as investors back off from China threat of SRB sales

Bluejay Mining* (JAY LN) – Chinese ilmenite prices continue to rise Bushveld Minerals* (BMN LN) – Vanadium prices continue to rise in China to ~$37.7/kgV Keliber – Environmental challenges rejected by Finnish Court Zinnwald Lithium (ZNWD LN) – Acquisition of additional exploration licences in Saxony

Companies: JAY BMN ZNWD

  • 01 Apr 21
Recovery rally rolls on in Q1. Outlook for Q2 and beyond?

The UK market showed a continued recovery in the first quarter albeit the indices are still well short of their all-time peaks, unlike many of their international peers. The FTSE 100 has risen by 1,186 points (21.4%) since the end of October and the FTSE 250 by 4,304 points (25.0%). The comparable performance since the start of the year is less spectacular- the FTSE 100 has risen by 253 points (3.9%) and the FTSE 250 has risen by 1,070 points (5.0%). The factors behind the sustained rally are fa

Companies: AMYT ARBB CEG BAG BVC BEG BONH BLVN BRSD CML CWK CRPR EYE ECHO FDM FAR FA/ GPH GSF HUW INSE JDG KAPE KP2 MACF MPAC MNZS NESF NBI OTMP OBD PREM QFI RUA SCS SEN SOS SUR TON TOU TXP TGL TCN UEM VLS WYN

  • 11 Jun 21
SP Angel Morning View: China to utilise state reserves to rein in surging commodity prices

Bastion Minerals+ (BMO AU) – Rock chip assays Bushveld Minerals* (BMN LN) – Vanadium prices rise in China to ~$37/kgV Caerus Mineral Resources (CMRS LN) – Completion of acquisition in Cyprus Cornish Metals*+ (CUSN LN) – Tin prices continue to rise following MSC suspension Nordgold - IPO is being priced at $5.1-6.6bn equity value

Companies: CUSN BMN CMRS BMO

  • 14 Jun 21
Scirocco Energy (SCIR) - Biogas Acquisition

Scirocco Energy (AIM: SCIR), the AIM investing company targeting production and development opportunities within the European energy market, announced a proposed investment into Energy Acquisitions Group Ltd ("EAG"), a specialist acquisition and operating vehicle in the sustainable energy sector. The company indicated its investment of £1.2 million will be funded from current cash resources. The investment represents the first investment as part of the Company's revised strategy that targets opp

Companies: Scirocco Energy PLC
  • 15 Jun 21
Wentworth Resources plc (AIM: WEN): Increasing production guidance. High cash position

• Gas demand in Tanzania continues to be very high with YTD production averaging 80.3 mmcf/d, well above last year (58.1 mmcf/d). While gas demand is normally low during 2Q (because of hydro), we estimate 2Q21 production at ~75 mmcf/d. • As a result, Wentworth is increasing its production guidance for 2021 from 65-75 mmcf/d to 75-80 mmcf/d. • At the end of May, Wentworth held US$21.5 mm in cash and no debt. This is close to our expectations of US$21.4 mm at the end of June. This also implies th

Companies: Wentworth Resources PLC
  • 16 Jun 21
Hurricane Energy - Operational updates

Operational updates

Companies: Hurricane Energy Plc
  • 18 Jun 21
Hurricane Energy - Forecast and valuation update

Forecast and valuation update

Companies: Hurricane Energy Plc
  • 18 Jun 21
Challenger Energy Group plc (AIM: CEG): Encouraging well result at secondary targets

• Initial petrophysical analysis of logs from the secondary reservoir targets of the Upper and Middle Cruse sections of the Saffron-2 well indicate approximately 165 ft of net-oil bearing reservoir sands. This includes 145 ft in the hole section from the Upper Cruse down to the Upper Middle Cruse and 20 ft in the hole section from the remaining section of the Upper Middle Cruse into the Lower Middle Cruse. • The reservoir characteristics are consistent with the Saffron-1 well, but importantly, n

Companies: Challenger Energy Group PLC
  • 24 Feb 21
Savannah Energy - Key customer gas demand set to rise

The Calabar power station, which accounts for the majority of Savannah’s Nigerian gas sales, has entered a new power supply agreement with the Republic of Togo, with more in discussion, raising the prospect of meaningful increases in Savannah’s gas supplies to the plant. These additional volumes will come at negligible additional cost, leveraging the bottom-line impact. The recently signed Mulak Energy gas sales agreement demonstrates this, boosting our 2022 earnings by 8% and our risked-NAV and

Companies: Savannah Energy Plc
  • 30 Apr 21
LIBERUM: Sylvania Platinum* - Another record quarter

Given the stellar performance of PGM prices, it is no surprise that Sylvania have achieved another record quarter with EBITDA of $58.7m and cash balance increasing 52% to $102.1m. Annualising this past quarter, the stock trades on a ridiculously cheap EV/EBITDA of 1.5x. Production of 17.4koz was inline with expectations and guidance of 70koz for the year remains in place. We remain very comfortable on rhodium on a five-year view (see here) and expect the abnormal cashflows to continue (30% FY22

Companies: Sylvania Platinum Ltd.