SXY 0.00% $4.60 senex energy limited

Broker Upgrade..target 29 cents

  1. 1,305 Posts.
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    well they are starting to notice, numbers don't lie, watch for a run up now. From FN Arena today

    "Macquarie rates SXY as Outperform (1) - FY20 earnings guidance has been upgraded by around 10% to $45-55m because of the narrowing of production guidance.GLNG has requested the company divert 1PJ of gas through June-August to the domestic market, which will result in lower prices for the company.Senex Energy remains one of Macquarie's preferred small energy stocks, given the strong gas growth profile in the Surat Basin.While there is pressure on global LNG markets and east coast gas prices, the broker believes this is more the reflected in the share price.Outperform rating maintained. Target is $0.29.Target price is $0.29 Current Price is $0.24 Difference: $0.05 If SXY meets the Macquarie target it will return approximately 21% (excluding dividends, fees and charges). Current consensus price target is $0.35, suggesting upside of 45.1%(ex-dividends)The company's fiscal year ends in June."
 
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Currently unlisted public company.

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