Category Archives: energy stocks

One mid-cap stock to hold – Caltex Australia Limited

2017 Half year profit guidance: On an HCOP (Historic Cost Profit) basis, the after-tax profit is expected to be within a range of $250 million and $270 million for the 2017 half year including significant items. Significant items are forecasted to be a loss of approximately $5 million before tax (representing the previously disclosed $20 million franchise employee assistance fund

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During May 2017, Caltex (ASX: CTX) has completed the acquisition of Milemaker Petroleum’s retail fuel business assets in Victoria for $95 million

During May 2017, Caltex (ASX: CTX) has completed the acquisition of Milemaker Petroleum’s retail fuel business assets in Victoria for $95 million. The acquisition brings 46 Milemaker sites into the core Caltex network in Melbourne. Further, the company will invest in the network to deliver an enhanced fuel and convenience offer to customers across Melbourne. Importantly, Milemaker has a competitive

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Whitehaven Coal Ltd the group’s saleable coal production for the March quarter 2017

Whitehaven Coal Ltd (ASX: WHC) the group’s saleable coal production for the March quarter 2017 declined over 4% yoy while the overall coal sales fell over 11% yoy as production from Narrabri was impacted by the scheduled longwall changeout. Managed coal sales in the March quarter stood at 4.9Mt, while Equity coal sales (excluding purchased coal) stood at 3.6Mt comprising

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Two stocks on a high – Whitehaven Coal Ltd and Bellamy’s Australia Ltd

Whitehaven Coal Ltd (ASX: WHC) the group’s saleable coal production for the March quarter 2017 declined over 4% yoy while the overall coal sales fell over 11% yoy as production from Narrabri was impacted by the scheduled longwall changeout. Managed coal sales in the March quarter stood at 4.9Mt, while Equity coal sales (excluding purchased coal) stood at 3.6Mt comprising

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WorleyParsons Limited Won five-year EPCmagreement from Refining NZ

Won five-year EPCmagreement from Refining NZ: WorleyParsons Limited (ASX: WOR) stock rallied over 7.4% on May 25, 2017 as the group won a five-year framework agreement for performance of engineering, procurement, shutdown and construction management services (EPCm) from Refining NZ at their Marsden Point Refinery. To read the complete report CLICK HERE. To get your free report CLICK HERE

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3 stocks that roared on ASX – WorleyParsons, Ansell and Auscann Group

Won five-year EPCmagreement from Refining NZ: WorleyParsons Limited (ASX: WOR) stock rallied over 7.4% on May 25, 2017 as the group won a five-year framework agreement for performance of engineering, procurement, shutdown and construction management services (EPCm) from Refining NZ at their Marsden Point Refinery. To read the complete report CLICK HERE. To get your free report CLICK HERE

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