Equity Research, Broker Reports, and media content on Eland Oil & Gas

  • Access the latest forecasts, broker valuations, multiples, and video content from the city about Eland Oil & Gas
  • See live updates from analysts, company announcements, and other news in a personalised/single dashboard
  • 30 Oct 19
GMP FirstEnergy ― UK Energy morning research package

i3 Energy (I3E LN)1 ; SPECULATIVE BUY, £1.50: Very good well results at Serenity | OMV (OMV AG) (not covered): 3Q19 results | Total (FP FP) (not covered): 3Q19 results | Block Energy (BLOE LN) (not covered): Gas sales agreement in Georgia | Tethys Oil (TETY)1,6; BUY, SEK85: Farm in transaction in Oman | TransGlobe Energy (TGL LN/CN)1,6; BUY, £2.40: FY19 production guidance at the higher end of the range | Eland Oil & Gas (ELA LN) (not covered): Operating update in Nigeria | Panoro Energy (PEN NO) (not covered): Reserves increase in Gabon | Vaalco Energy (EGY LN/US)1 ; BUY, £2.40: More resources than previously expected in the Dentale reservoir

Companies: I3E OMV BLOE TGL ELA PEN EGY TETY

  • 15 Oct 19
Oil & Gas Daily Flow

Eland Oil & Gas (ELA); Seplat Petroleum (SEPL) – Seplat’s £382m bid for Eland accepted by Directors | Tower Resources* (TRP): Tower successfully raises £1.5m | Coro Energy (CORO) – Successful appraisal well atDuyung

Companies: ELA TRP CORO

  • 15 Oct 19
Investor Update: Woodford's troubled equity income fund to be shut down
investor-update-woodford-s-troubled-equity-income-fund-to-be-shut-down
  • 11 Sep 19
GMP FirstEnergy ― UK Energy morning research package

Soco International (SIA LN) (not covered): 1H19 results | i3 Energy (I3E LN)1 ; Speculative Buy, £1.40: Still very high impact drilling but higher risk | Independent Oil & Gas (IOG LN); BUY, £0.55: Harvey update in the UK | Eland Oil & Gas (ELA LN) (not covered): 1H19 results | Panoro Energy (PEN NO) (not covered): Discovery in Gabon |

Companies: PHAR I3E IOG ELA PEN

  • 11 Sep 19
SP Angel – Oil & Gas View

SOCO International (SIA): Interim Results, revenues flat, production up significantly | Eland Oil & Gas (ELA): Strong 1H/19 financials | Independent Oil &Gas (IOG) – Analysis of Harvey continues | Tower Resources* (TRP): Near term funding is key

Companies: PHAR ELA IOG TRP

  • 01 Aug 19
GMP FirstEnergy ― UK Energy morning research package

Royal Dutch Shell (RDSA/B LN) (not covered): 2Q19 results | Zenith Energy (ZEN LN) (not covered): Equity placing | Eland Oil & Gas (ELA LN) (not covered): First Oil at Gbetiokun EPF in Nigeria

Companies: RDSA ZEN ELA

  • 01 Aug 19
SP Angel – Oil & Gas View

Eland Oil & Gas (ELA): Gbetiokun First Oil | UK Oil & Gas (UKOG): Horse Hill Production

Companies: Eland Oil & Gas UK Oil & Gas Investments

  • 01 Aug 19
Small Cap Feast

Freyherr International Group PLC the Medicinal Cannabis holding company established in 2016, is planning to list on the NEX exchange on the 13 August

Companies: BRH UPR PMP ELA TSG BIDS ALBA BILB ASH GOOD

  • 15 Jul 19
SP Angel – Oil & Gas View

Lansdowne Oil & Gas* (LOGP)/Providence Resources (PVR): Funding Update | Eland Oil & Gas (ELA): FDP Approval and Well Spud | Lekoil (LEK): Operational Update Union | Jack Oil* (UJO): Biscathorpe Update | Block Energy (BLOE): Licence Update | Mosman Oil & Gas* (MSMN): Stanley-2 Production

Companies: LOGP ELA LEK UJO BLOE MSMN

  • 10 Jul 19
GMP FirstEnergy ― UK Energy morning research package

Total (FP FP) (not covered): Divestment in the UK North Sea | Eland Oil & Gas (ELA LN) (not covered): Update in Nigeria | Wentworth Resources (WEN LN) (not covered): Dividend Policy

Companies: Eland Oil & Gas Wentworth Resources

  • 10 Jul 19
SP Angel – Oil & Gas View

Eland Oil & Gas (ELA): Gbetiokun-3 update | Wentworth Resources (WEN): Dividend Policy

Companies: Eland Oil & Gas Wentworth Resources

  • 10 Jul 19
Small Cap Feast

ReAssure Group plc - The Group is a leading closed book life insurance consolidator in the United Kingdom with 4.3m policies, £68.7 billion of assets under administration on a Post-L&G Illustrative Basis. It is considering a premium listing segment of the main market. Voyager AIR The Com pany w ill focus on the acquisition, leasing and m anagement of prim arily widebody aircraft, w ith asset management services to be provided by Amedeo Limited the IPO will comprise a Placing and Offer for Subscription of Shares to raise up to approximately US$200m.

Companies: CRC XSG ELA REDX ORCP SIXH CAML TCN TLOU DBOX

  • 25 Jun 19
GMP FirstEnergy ― UK Energy morning research package

ExxonMobil (XOM US) (not covered): Selling assets offshore Norway | Valeura Energy (VLU LN/CN): Reservoir Stimulation at Inanli-1 in Turkey | Exillon Energy (EXI LN) (not covered): May production in Russia | Petroneft Resources (PTR LN) (not covered): Financing update | Energean Oil & Gas (ENOG LN) (not covered): Agreement signed with INGL | Genel Energy (GENL LN), Speculative Buy, £3.20: Commencement of share buy-back | Eland Oil & Gas (ELA LN) (not covered): OML 40 operational update in Nigeria

Companies: XOM VLU EXI PTR ENOG GENL ELA

  • 25 Jun 19
SP Angel – Oil & Gas View

Eland Oil & Gas (ELA): OML 40 Operational Update | Genel (GENL): Shareholder Buyback | Exillon Energy (EXI): May Production Report | Mosman Oil & Gas* (MSMN): Operations Update | Cabot Energy* (CAB): AGM Statement | Gulf Keystone (GKP): Dividend Declaration | TOMCO (TOM): Field Test Update

Companies: ELA GENL EXI MSMN CAB GKP TOM

  • 20 Mar 19
GMP FirstEnergy ― UK Energy morning research package

Condor Petroleum (CPI CN) (not covered): 4Q18 results | ENI (ENI IM) (not covered): Norway discovery | La Francaise de l’Energie (LFDE FP)7 ; Speculative Buy, EUR34.00: Results for the six month period ending 31/12/2018 | Serinus Energy (SENX LN)1 ; Speculative Buy, £0.25: US$3mm private placement | Union Jack Oil (UJO LN) (not covered): Equity fundraising | Genel Energy (GENL LN); Speculative Buy, £3.20: 4Q18 results & New Dividend Policy | African Petroleum (APCL NO) (not covered): Merger with PetroNor | Eland Oil & Gas (ELA LN) (not covered): FY18 results

Companies: CPI ENI SEN UJO GENL APCL ELA

Research, Charts & Company Announcements

Research Tree provides access to ongoing research coverage, media content and regulatory news on Eland Oil & Gas. We currently have 86 research reports from 6 professional analysts.

Open
N/A
Range Today
N/A
52 Week
44.3/89.0p
Daily Volume
N/A
# Shares
0m
Daily Liquidity
0.0%
Pension Liability
£0m
Enterprise Value
£280.1m
Market Cap
£191.0m
Latest PE (hist)
3.59
Div Yield

Latest News/RNS

(more news)
Date Source Announcement
17Dec19 10:31 RNS Completion of Acquisition by Seplat
17Dec19 10:30 RNS Completion of Acquisition by Seplat
17Dec19 07:30 RNS Suspension - Eland Oil and Gas Plc
12Dec19 17:30 RNS Eland Oil & Gas
12Dec19 13:00 RNS COURT SANCTION OF SCHEME OF ARRANGEMENT
20Nov19 16:27 RNS RESULTS OF THE COURT MEETING AND GENERAL MEETING
14Nov19 07:00 RNS STATEMENT IN RELATION TO ELCREST
Get free RNS email alerts

  • Frequency of research reports

     

  • Research reports on

    Eland Oil & Gas

  • Providers covering

    Eland Oil & Gas

  • 25 Mar 20
LIBERUM: Sylvania Platinum* - Best placed miner to weather the storm

Sylvania's share price has fallen 53% since its peaked on the 21st Feb, as the global economy hit the brakes. The short term demand outlook for PGMs is miserable, with supply chains breaking down as both luxury goods and car sales sales collapse.

Companies: Sylvania Platinum
  • 27 Mar 20
Hurricane Energy

Worker evacuated from Lancaster FPSO

Companies: Hurricane Energy
  • 25 Mar 20
Hurricane Energy

Capital Markets Day postponed

Companies: Hurricane Energy
  • 23 Mar 20
Cenkos: Oil & Gas Sector -- Hurricane Energy, Jadestone Energy, Energean Oil & Gas, MOL Hungarian Oil & Gas, BP Plc, Genel Energy, Pantheon Resources, I3 Energy, Kosmos Energy, Ithaca Energy, Neptune Energy, Echo Energy, EnQuest, Jersey Oil & Gas

Oil capped its biggest weekly decline in almost three decades as concern that the collapse of global fuel demand will deepen outweighed talks between OPEC and Texas's energy regulator. Futures in New York tumbled 11% Friday, bringing the week's plunge to 29%, the biggest since January 1991. Some traders see demand shrinking as much as 10 to 20 million barrels a day as drivers stay home and flights are grounded across the world. Two of the three commissioners at Texas's oil agency are sceptical of a plan currently being weighed to curtail crude production in the state in an effort to balance global supply with demand and stabilise prices. Texas Railroad Commissioner Ryan Sitton said Friday he was invited by OPEC Secretary General Mohammad Barkindo to attend the group's summer meeting in Vienna. Sitton, one of three voting members of the commission, is proposing that the US coordinate with Russia and Saudi Arabia to curb supply. “With other governments manipulating oil markets, it's fair to ask: Why shouldn't our government step in to try to reinstate a more market-based approach?” Sitton said in a Bloomberg Opinion column. “It would stave off a total oil industry meltdown.” The plan comes as the nearest timespread for the US benchmark indicated its deepest oversupply since 2016. The American shale industry has found itself caught in the middle of the fight between Saudi Arabia and Russia. The sector has so far scaled back operations and is also threatened with a wave of bankruptcies. Prices:  West Texas Intermediate for April delivery, which expires Friday, fell $2.79 to settle at $22.43 a barrel in New York. The more active May contract slid $3.28 to $22.63 a barrel.  Brent for May settlement fell $1.49 to settle at $26.98 a barrel on the ICE Futures Europe exchange.

Companies: FOG PVR 88E DGOC EME TRIN UOG

  • 23 Mar 20
The Industrial Revelation

Airbus secures €15bn credit facility but partially restarts production in France & Spain, Cummins suspends production and FY20 guidance as customers shutdown

Companies: CGS HAYD HEAD HTG OXIG RSW RNO ROR TWD TRI ZTF GHH

  • 27 Mar 20
Cenkos: Diversified Gas & Oil Plc -- In a league of its own

Diversified Gas & Oil is emerging as a new model for the E&P market, balancing low fixed costs with efficient operations to generate consistent cash flows. Since the Company's foundation, DGO's strategy has remained unchanged, delivering stable production, whilst maintaining capital discipline to deliver cash flows and shareholder returns. Efficient operations combined with low fixed costs means DGO can deliver strong margins at low prices - vital in the current environment. The DGO model does not follow that of its capital intensive North American “peers” and nor does it follow that of its international London listed “peers”, putting DGO in a league of its own. With many of the Permian oil producers and Appalachian gas producers cutting back on capex in the current price environment, we see a recovery in the gas prices, with the current oversupply of gas turning into an undersupply as production and stores fall away. We believe the M&A market will provide a great opportunity for DGO over the next 12-24 months, with inevitably some E&P's not being able to survive the current low price environment. We update our model incorporating the extension of the Company's asset retirement agreement with the state of Ohio, the latest forward price curves and the GBP/USD exchange rate, increasing our price target to 148p/share (from 121p/share) and our BUY recommendation.

Companies: Diversified Gas & Oil
  • 24 Mar 20
Gulf Keystone Petroleum#

Operational update

Companies: Gulf Keystone Petroleum
  • 26 Mar 20
WHI First Light: Caledonia Mining (CMCL)

Caledonia today provides an update on its Blanket mine in Zimbabwe. The mine is still fully operational with Caledonia management taking every precaution to keep the mine workers safe.

Companies: Caledonia Mining Corporation Plc Com Shs Npv
  • 26 Mar 20
WHI Morning Comment: Jubilee Metals ( JLP)

Interims highlight the robust business model Jubilee, which specialises in creating value from African mine tailings, today provides its interims for the half year ending December 2019. As previously announced this has been a transformational period for Jubilee – everything increased relative to the prior period, with revenues rising to £25.4m (+205%), attributable Group earnings to £9.8m (+778%), cash from operations to £4.9m (+574%) and an EPS of 0.35p (0.06p). Growth came from Windsor (PGM and chrome production in South Africa), with several intra-period transactions that will enable the growth profile to continue at Inyoni (South Africa) and Kabwe (Zambia). Covid-19 has had an obvious impact (on prices received and on the operating environment – especially in South Africa where there is a 3-week shut-down) but we see a robust, cash-rich company, operating a high-margin business that is poised to restart production and capitalise on the progress made to date. WHI View: We continue to see a robust investment case for Jubilee. The company has a growth pipeline identified and significant opportunities to find new projects in Africa or globally. The ‘Jubilee Way' combines an experienced, technical management team with innovative processing techniques to generate cash from (mainly) the waste material produced as part of the mining cycle. The company model is to treat its own waste materials and to supplement with third party ores and wastes where possible. It has three chrome/PGM operations in South Africa and a copper-zinc-lead-vanadium project in Zambia (copper circuit already commissioned). This is a high-margin business and we see plenty of opportunities for Jubilee to capitalise on its robust business model when the current global crisis is over.

Companies: Jubilee Platinum
  • 18 Mar 20
UK Oil & Gas Sector

Oil price update – what does it mean for oil and gas equities?

Companies: BLVN GENL GEEC GKP HTG HUR IOG JOG LAM PANR PMO RKH SENX

  • 18 Feb 20
LIBERUM: Sylvania Platinum* - Dislocation from record prices

Sylvania Platinum is trading at extremely cheap levels, just 0.9x adjusted EV/EBITDA on spot. The market clearly feels nervous about the rapid rise in the underlying commodities, palladium and rhodium.

Companies: Sylvania Platinum
  • 13 Mar 20
Premier Oil

Trading update

Companies: Premier Oil
  • 18 Mar 20
IRC Disposal Initiated

Petropavlovsk PLC (LSE: POG) has announced an agreement to sell 29.9% of its 31.1% shareholding in IRC Limited (HKG: 1029) to Stocken Board AG, a Liechtenstein investment company for cash proceeds of a deferred US$10 million. IRC is a Russian iron ore mining company, currently ramping up its K&S mine to design capacity of 3.2Mtpa. The offer is primarily conditional on the transfer of the guarantee that Petropavlovsk has over IRC’s US$240 million Gazprombank facility.

Companies: Petropavlovsk
  • 19 Mar 20
Hurricane Energy

Full year 2019 results

Companies: Hurricane Energy
  • 20 Mar 20
WHI First Light: i3 Energy (I3E)

i3 Energy announced that it has entered an agreement with Dolphin Drilling the effect of which is that i3 Energy has contracted a rig on a cost basis in return for which Dolphin stands to earn an economic interest in the Serenity licence area.

Companies: I3 Energy