COE
Director Trades
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Company News
Gina Rinehart puts oil and gas back in the investment frame
Follow the money is always good advice, as is invest like the rich, so when you combine money and an unfashionable investment by an ultra-rich person such as iron ore billionaire Gina Rinehart, you could be on a winner, even if it’s in the politically incorrect business of oil and gas. Always prepared to back […]
Bass Oil to acquire onshore assets from Beach Energy and Cooper Energy in $1.3m deal
Petroleum player Bass Oil (ASX: BAS) has confirmed it will spend $1.3 million on the acquisition of a producing and earnings-accretive portfolio of interests in South Australia’s onshore Cooper Basin from Australian listed companies Beach Energy (ASX: BPT) and Cooper Energy (ASX: COE). A sales and purchase agreement signed in March will allow Bass to […]
Australian Agricultural CEO’s shock resignation, APA sells gas plant to Cooper Energy, and surging energy prices cause Boral pain
Australian Agricultural Company (ASX: AAC) has announced its chief executive officer and managing director Hugh Killen will step down this week, effective immediately. Mr Killon was appointed managing director and chief executive officer of the company in 2018 – steering the company through some of the worst droughts and floods it has ever seen. However, […]
Big-name investors, politicians embracing oil and gas, as price tipped to surge
Follow the money (and follow the politics) because this week’s hot advice is that when it comes to investing in energy, money and politics are heading in the same direction and it’s not all about wind, solar and other renewables. The world’s top investor, Warren Buffet, this week loaded up on oil stocks ahead of […]
Value gap opens as oil price recovers but stocks stay down
“Oil, oil and more oil,” sounds like an investment tip from 100 years ago and not last week, but that’s what Jeff Currie is advising and he’s the commodity guru at the world’s leading investment bank, Goldman Sachs. Currie’s love of oil is hardly surprising, even if it is politically incorrect at a time of […]
Cooper Energy and Mitsui commit $55m to boost gas supply
Cooper Energy (ASX: COE) and partner Mitsui Group have committed $55 million to upgrade the currently idle Minerva gas plant which will allow the supply of 16 petajoules of so far undeveloped gas, resulting in boost supply in south-east Australia. The Minerva gas plant near Port Campbell, Victoria, has supplied gas to Melbourne via the […]