APA Group Shares: Launches AusNet Takeover Bid (ASX:APA)
The APA Group [ASX:APA] share price are sliding after making a non-binding indicative proposal to acquire AusNet Services by way of a scheme arrangement for $2.60 per share in cash and scrip.
ASX:OSH
Oil Search Ltd Shares Climbs 6% on Revised Takeover Offer (ASX:OSH)
The Oil Search [ASX:OSH] shares shot up 6% this morning, following a promising ASX update.
China’s Manufacturing Data Disappoints and Impacts Aussie Market
Seems things are slowing in China. China’s National Bureau of Statistics released their official manufacturing Purchasing Manager’s Index (PMI) numbers for February…
Oil Search Share Price Up on Pikka Oil Project (ASX:OSH)
Oil Search Share Price [ASX:OSH] is up close to 1% today after the company said their Pikka Oil Project in Alaska is in the Front-End Engineering Design (FEED) stage. At time of writing, the company’s…
Oil Search Share Price Up on Signing Agreement with PNG (ASX:OSH)
Oil Search Share Price (ASX:OSH) is up 0.4% today after the company said they’ve reached a fiscal stability agreement with Papua New Guinea. At time of writing, the OSH share price is trading at $4.15…
ASX Oil Companies are Up after Oil Price Surge
Oil companies are some of the big winners today on the ASX. At time of writing, Oil Search Ltd [ASX:OSH] is up 5.50%, Woodside Petroleum Ltd [ASX:WPL] has increased by 4.90% and Santos Ltd [ASX:STO]…
Saudi Oil Production Cut Sends Oil Search Share Price Up (ASX:OSH)
Today, shares in Oil Search Ltd [ASX:OSH] have jumped thanks to a surprise cut in oil production announced by Saudi Arabia. At time of writing the OSH share price is up 4.76% or 17.5 cents…
Oil Search Share Price Down Close to 4% Today, Why?
The share price of Oil Search Ltd [ASX:OSH] is down close to 4% today. At time of writing, shares are trading at $3.65, down from yesterday’s $3.79 close. The company announced today their CCFO-designate Ayten…
Mood Turns Sour, along with Oil Prices — There’s too much Oil Around
Oil price is down. The mood’s turned sour. Overnight, markets fell. And so did oil prices. West Texas Intermediate has dropped around 4% and closed at US$39.29. Brent Crude Oil has fallen…
Oil Prices Fall, Dragging down Aussie Oil Companies with It
The losing streak continues for oil with some of the major ASX-listed oil companies down today. At time of writing Woodside Petroleum Ltd [ASX:WPL] is down by 2.23%, Santos Ltd [ASX:STO] fell by 3.26% and…