Latest Energy Resources News

EVZ Limited's Non-Executive Chairman Graham Burns has sold 5 million shares, reducing his stake but maintaining a significant holding while aiming to improve share liquidity and attract institutional investors.

EVZ Limited projects full year revenue between $120 million and $125 million for FY26, alongside an EBITDA forecast of $8.5 million to $9 million, reflecting improved margins and operational efficiency.

Strategic Energy Resources Limited (ASX: SER) has requested an immediate voluntary suspension of its securities on the ASX ahead of a Supreme Court hearing concerning the appointment of its auditors. The suspension will remain until the company releases an announcement expected before market open on 14 April 2026.

MEC Resources Limited reminds eligible shareholders to participate in its Options Placement Offer closing on 20 January 2026, presenting a low-cost chance to increase exposure to its energy projects. Directors have already committed to their full entitlements, signaling confidence in the company’s direction.

Vulcan Energy Resources reported a €10.9 million cash outflow from operations in Q3 2025 but bolstered its liquidity with €26.4 million from financing activities, ending the quarter with nearly €47 million in cash.

EVZ Limited has issued earnings guidance for FY2025, forecasting revenue between $108 million and $110 million with EBITDA expected around $5.2 million to $5.4 million. The final audited results will be released in late August.

Worley Limited has reaffirmed its FY25 financial outlook, targeting low double-digit EBITA growth and margins between 8-8.5%, supported by a robust $9.4 billion bookings pipeline and a strategic operational reorganisation.

Vulcan Energy Resources reported a €12.8 million net cash outflow from operations in Q1 2025 but maintains strong liquidity with nearly €79 million in cash and €10 million in unused credit facilities.

EVZ Limited has issued earnings guidance for the first half of FY2025, forecasting revenue between $53 million and $55 million and EBITDA ranging from $2.4 million to $2.6 million based on preliminary figures.