Karoon Energy trades on 6x earnings as oil sentiment turns sour
Karoon Energy (ASX: KAR) fell alongside the broader ASX energy sector this week as oil prices dropped toward one-month lows. The stock now trades around A$1.64, well below its 12-month high, even as the company keeps generating solid cash flows and buying back its…
Energy Stocks
Woodside Energy (ASX: WDS) is the ASX's largest energy company, capped at nearly $50bn. A traditional oil and gas giant, a large player in the LNG, many would perceive it is part of the problem that increased carbon emissions represent and that the planet would be better off without it. Whether or not that is…
Vulcan Energy Resources (ASX: VUL) has secured a landmark €2.2 billion (A$3.9 billion) financing package to fully fund Phase One of its Lionheart lithium and renewable energy project in Germany. The announcement triggered a trading halt and enabled the board to make a Final Investment Decision, with construction scheduled to begin this Friday. This marks…
Rejecting a takeover offer is a bold step for an ASX company to take. It is turning down sweet quick cash for its shareholders and management. The argument most commonly made to reject them is that any offers are opportunistic and do not appropriately value the company - indeed, those very words are commonly used.
The board…
Hear the term 'Activist investors' and you might think of GetUp, the progressive activist group that forced Woolworths to hold an EGM in 2014 in an attempt to limit the maximum bets on poker machines to $1. Or perhaps even of ESG-focused fundies like Australian Ethical (ASX:AEF). The reality is a lot more complicated and…
Stocks that benefit from inflation do exist, but they might not be immediately obvious to find. After all, inflation can be a tricky economic phenomenon. It can have both beneficial and detrimental effects on various aspects of the economy, including investments. And even companies you think might benefit may not actually benefit from inflation.
Stocks Down Under…
Plenti (ASX:PLT) is not just another small cap lender - it could be the best way to gain exposure to the energy transition. Because it is a lender focused on lending to renewable energy, as well as to consumers for automotives and personal loans. But it is the first of these that has won it…
You might think ASX stocks in America are doing better than peers which are not there because the USA is a much bigger market. In reality, this is not always the case.
What are the Best ASX Stocks to invest in right now?
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ASX stocks in America: Here are 4 performing…
If you thought all IPOs that listed during the pandemic turned out to be flops, you'd be wrong - because IPD Group (ASX:IPG) has been one exception. It has grown from a $100m company to a >$350m company in less than 4 years. But it is off its all time highs. Where to next?
What are…
Each reporting season, we like to recap some of the best annual results on the ASX and some of the worst as well. Amidst all the companies, it is easy for investors to get lost amidst the mire of information. And so we like to single out particular companies that impressed and others that did…
