Latest Energy News

BWP Property Group posted a 54% jump in statutory net profit for FY26, driven by management internalisation, lease resets with Bunnings, and strategic acquisitions. Distributions rose 4.1%, with Moody’s upgrading the credit rating to A3 stable.

Energy One (ASX:EOL) reported a strong FY26 with 14% revenue growth and 38% profit rise, announcing a transformative $99.8 million all-scrip acquisition of Gas Management Services Limited (GMSL) that will deepen its European footprint and bring Fluxys onboard as a major shareholder.

Southern Cross Electrical Engineering’s FY26 underlying profits surged despite a $46.1 million WestConnex arbitration settlement dragging statutory net profit sharply lower. The group declared a record dividend and raised FY27 EBITDA guidance by 30%.

EBOS Group posted a solid FY26, growing revenue nearly 10% to $13.5 billion and underlying EBITDA 5% to $614 million, while completing a major distribution centre renewal program. The company maintains its final dividend and sets a confident growth outlook for FY27.

Carlton Investments lifted its profit by 6.1% to $41.18 million for FY2026, boosted by higher dividends, even as its equity portfolio value fell 6.2%. The company declared a final dividend increase including a special payout amid ongoing market volatility.

After more than 11 years at the helm, Stewart Tully steps down as CEO of Alliance Aviation, handing leadership to Steven Greenway from October 2026. The transition aligns with Alliance's strategic realignment following a revised wet lease deal with Qantas.

The Federal Court has approved the schemes for Energy Fuels to acquire Australian Strategic Materials, setting in motion a series of key dates including trading suspension and shareholder payments.

AXP Energy is installing a 320kW natural gas generator at its Edwards Lease in Oklahoma to power digital mining equipment, marking its first commercial gas-to-power project following a successful Colorado trial.

Cauldron Energy has refined its uranium exploration strategy at the Bennet Well deposit by reprocessing historic seismic data, uncovering multiple new high-priority targets and extending known palaeochannels. Initial drilling on these targets is imminent as part of the 2026 program.

WAM Leaders Limited (ASX:WLE) delivered a stellar FY2026 with net profit after tax soaring 153.5% to AUD 161.8 million, driven by a 14% investment portfolio gain that outpaced the ASX 200 by 7.9%. The company declared a fully franked full year dividend of 9.6 cents per share, maintaining a strong yield amid ongoing capital raising.

Chariot Resources has inked a binding term sheet with major Chinese and Nigerian partners for a phased drilling and trial mining program targeting lithium direct shipping ore in Nigeria, aiming to validate resource potential and establish a market-linked offtake.

BHP Group Limited posted robust FY2026 results with a 15% revenue increase, record copper production contributing over half of underlying EBITDA, and a total fully franked dividend of 172 US cents per share. The company advances growth projects, including the Jansen potash mine, while managing legacy Samarco liabilities and pursuing climate targets.