ADX adx energy ltd
Add to My Watchlist 6.90% ! 3.1¢

ADX Energy (ADX) is extending its hedging position by locking in...

  1. TheMarketOnline
    7,926 Posts.
    lightbulb Created with Sketch. 1230
    clock Created with Sketch.
    28/09/21
    11:18
    Post #: 56398863
    • ADX Energy (ADX) is extending its hedging position by locking in another contract with BP at an average oil price of US$71.85 (A$98.61) per barrel
    • The new price is locked in from November to the end of March and is an improvement on its last prices of US$66.03 and US$71.71 per barrel
    • Around 40 per cent of ADX's forecast oil production from the Vienna Basin will flow to BP over the new fixed price swap, or 14,930 barrels of oil all up
    • The energy stock expects the Brent crude oil price to remain above US$70 (A$96.07) per barrel heading into 2022 after sustained increases in 2021

    Read the Full Article on The Market Herald here
    ADX Price at posting: 0.7¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

AII Building assets, producing critical minerals and slashing dependency on China
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
3.1¢ 		Change
0.002(6.90%) 		Mkt cap ! $18.08M
Open High Low Value Volume
3.0¢ 3.1¢ 3.0¢ $19.73K 654.2K

Buyers (Bids)

No. Vol. Price($)
1 27704 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 362124 1
View Market Depth
Last trade - 16.10pm 08/08/2025 (20 minute delay) ?
ADX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.