Latest Gas News

Xstate Resources has received pre-approval to acquire a 51% stake in the Diona project, setting the stage for drilling operations and ASX trading resumption by late September.

Transurban Group’s FY25 results reveal a complex financial picture with statutory profit halving but operational EBITDA and toll revenues rising, supported by key infrastructure projects nearing delivery.

Hansen Technologies reported robust FY25 results, driven by strong revenue growth, strategic contract wins, and deepening AI integration. The company’s expansion in Germany and sustainability leadership further underpin its positive outlook.

Step One Clothing Limited reported a 2.8% revenue increase to $86.9 million and a 2.0% rise in net profit after tax to $12.65 million for FY25, while EBITDA declined 3.9% due to increased promotional activity. The company reinforced its sustainability credentials with FSC® certification and detailed emissions reporting.

Jade Gas Holdings has confirmed continuous gas flow from its second production well at the TTCBM Project, reinforcing the project's commercial viability and advancing Mongolia’s largest coal seam gas development.

The Environmental Group Limited (EGL) reported a robust FY25 with revenue climbing 13.9% to $111.9 million and underlying EBITDA up 9.9%, driven by strategic acquisitions and advances in PFAS technology. The company projects further EBITDA growth of 15-20% in FY26, underpinned by expanding recurring revenue streams.

Transurban reports solid FY25 results with rising toll revenue, improved EBITDA margins, and strong free cash flow, while advancing key infrastructure projects and navigating NSW Toll Reform.

Cleanaway Waste Management delivered a robust FY25 with 14.6% EBIT growth and raised FY26 guidance, underpinned by key acquisitions and operational excellence.

Transurban Group reported a 5.6% rise in proportional toll revenue and a 7.4% increase in operating EBITDA for FY25, despite a significant profit decline due to litigation and restructuring costs. The company’s distribution grew 4.8%, supported by strong free cash flow, as key infrastructure projects near completion.

Cleanaway Waste Management posted a 14.6% rise in underlying EBIT to $411.8 million for FY25, driven by solid waste services growth and strategic acquisitions. However, the Board exercised discretion to reduce executive short-term incentives by 30% due to safety performance issues including three fatalities.

APA Group has announced a 30 cents per security final distribution for the first half of 2025, outlining detailed tax components for its infrastructure and investment trusts.

APA Group reported a robust FY25 with underlying EBITDA rising 6.4% to $2.015 billion and distribution per security increasing by 1 cent to 57.0 cps, underpinned by resilient operations and strategic growth initiatives.