Latest Gas News

GR Engineering Services delivered a record EBITDA of $63.1 million in FY26, secured over $1 billion in new contracts, and announced a $110 million equity raise to support a forecast revenue surge in FY27.

Omega Oil & Gas has unveiled exceptionally strong results from its Canyon-3 well, revealing a thick, high-quality oil and gas-bearing Permian interval that significantly expands the scale of its resource base in Queensland’s Taroom Trough.

Data#3 Limited has reported its strongest financial year yet, with gross sales soaring 12.7% to $3.4 billion and net profit after tax up 13.1% to $54.5 million, underpinned by robust demand for AI, cloud, and cyber security solutions.

Comet Ridge has completed the acquisition of Santos' 42.86% interest in the Mahalo Gas Project, gaining 100% ownership and operatorship of the Mahalo Gas Hub. This move removes joint venture constraints and positions Comet Ridge to advance development in a tightening east coast gas market.

Adairs Limited delivered 3.8% sales growth in FY26, driven by strong performances at Adairs and Mocka, while Focus on Furniture faced a sharp earnings hit and a $63.5 million goodwill impairment. The group declared a 6.0 cent final dividend amid ongoing strategic transformation.

Regis Healthcare reported a robust FY26 with revenue hitting $1.35 billion, underpinned by strong occupancy and strategic acquisitions. The company is investing heavily in growth and digital transformation while navigating sector reforms and climate risks.

Jade Gas Holdings has lodged its initial Plan for Development of Operations and secured approval for a substantial 502 km² production licence area, marking pivotal steps towards commercialising Mongolia’s first coal bed methane project.

Elixir Energy has secured a second data sharing agreement with QGC to acquire new 3D seismic data over key areas in the Taroom Trough, enhancing its geological understanding ahead of upcoming flow testing at Lorelle-3H.

Lindsay Australia Limited reported a 31.5% rise in net profit after tax to A$22.9 million for FY26, driven by full-year SRT Logistics integration and organic growth. The company declared a fully franked 1.7 cent final dividend and secured a major Woolworths secondary freight contract in North Queensland.

PLS Group Limited delivered a robust FY26 with record lithium production, strong cash flow, and progress on key expansions including the Ngungaju Plant restart and P2000 feasibility study.

Ansell Limited (ASX:ANN) reported a robust FY26 with net profit doubling to US$208.6 million, driven by strong sales growth and operational resilience amid geopolitical challenges. The company also announced a leadership change and reaffirmed its sustainability ambitions.

Lowell Resources Fund (ASX: LRT) reported a 48.7% increase in profit to nearly $33 million for FY2026, alongside a 37.6% rise in net assets to $99.5 million, driven by strong junior resources sector performance despite mid-year commodity volatility.