ASX Energy Stocks in an Oil Tug-of-War
Oil traders have rarely had a harder job. Crude is lurching in both directions as two forces collide: hopes that US and Iran peace talks could end the conflict, and fresh US strikes showing how fragile that peace is. For ASX energy investors, the real question isn't where…
Energy Stocks
Amplitude Energy Strikes A$58.3m Gas Deal
Amplitude Energy (ASX:AEL) moved into focus this week after announcing a binding deal to buy a 50% stake in Beach Energy's Artisan gas field for A$58.3 million. The field sits in the Offshore Otway Basin, only about 17 kilometres from the gas pipeline infrastructure Amplitude already owns. We believe…
Beach Energy (ASX:BPT) sells its Artisan gas discovery to Amplitude for A$70m cash plus royalty, freeing more than A$500m of planned Otway capital.
KALiNA Power (ASX:KPO) gains regulatory clarity as Canada and Alberta sign an Implementation Agreement freeing gas-fired generation from 2035 abatement rules.
Bass Oil (ASX:BAS) posted A$1.35m April revenue as Cooper Basin stockpiles cleared and Bunian 6 lined up to double group oil production.
Paladin Energy (ASX:PDN) Posts US$34m Gross Profit and US$219m Cash as Langer Heinrich Ramp Pays Off
Paladin Energy (ASX:PDN) reports US$209m revenue and US$219m cash for the nine months to 31 March 2026 as Langer Heinrich delivers.
Woodside Slips as US-Iran Peace Hopes Hit Oil
Woodside Energy (ASX:WDS) shares fell 4.2% to A$30.49 today after oil prices crashed overnight. Brent crude tumbled 7.8% to close at around US$101 a barrel after US President Donald Trump paused "Project Freedom", the US naval escort operation in the Strait of Hormuz, signalling a US-Iran peace…
Prominence Energy (ASX:PRM) has confirmed helium, hydrogen and methane signals at PEL 803 as investors wait for lab validation.
Key Petroleum (ASX:KEY) raised A$58,887 through a small placement, completing use of its available 15% placement capacity.
Helios Energy (ASX:HE8) advanced Presidio production and drilling plans, but A$65k cash makes funding the key catalyst from here.
