ASX Announcements
2024 AGM addresses and presentation
Company Presentation, Chairman's Address to Shareholders
- Nov 13, 2024
- 38 pages
This Month
Pimm’s to rival Wimbledon: Why Adelaide is the new hot cricket ticket
On the Australian cricket calendar, one Test match stands out as the destination event that interstate fans and business executives flock to.
- James Hall and Simon Evans
November
Net zero’s uneasy pact with carbon capture and storage
Santos and Beach Energy’s Moomba project hopes to overturn the technology’s weak reputation. Its detractors say it has already had 20 years to prove them wrong.
- Angela Macdonald-Smith
October
WoodMac bursts the Santos cost bubble
It’s the CEO’s mantra, his muse, his North Star. But is Santos’ low-cost reputation as solid as repetition would make it?
- Myriam Robin
September
- Analysis
- Media & marketing
Seven West Media stokes tension behind the scenes at Seven Group
The broadcasting and publishing empire accounts for just 0.6 per cent of the broader conglomerate’s total assets. It accounts for much more of its problems.
- Sam Buckingham-Jones
Chris Ellison defends nepotism at MinRes
The Mineral Resources boss has given a “rare media interview”, outlining his company’s zeal for hiring the children of employees.
- Mark Di Stefano
MinRes cites large gas resource amid talks on $500m sale
The estimate of the Perth Basin resource comes as MinRes is speculated to be in talks with potential bidders or partners including Mitsui, Beach and Hancock.
- Angela Macdonald-Smith
August
Choke in gas supply makes imports, once unthinkable, almost inevitable
Falling production at a large plant and a forecast slide in supply from fields off the south-eastern coast is adding to the anxieties of major users.
- Angela Macdonald-Smith
Stokes’ vision for Seven’s Boral comes to life
Seven Group boss Ryan Stokes says the company is interested in buying the BGC cement division left behind by the late WA entrepreneur Len Buckeridge.
- Brad Thompson
- Results Wrap
- Chanticleer
Chanticleer’s hits and misses from day one of earnings season
Retailer JB Hi-Fi was the standout result on day one of earnings season. Here are the key things our Chanticleer columnists noticed today.
- James Thomson and Anthony Macdonald
Beach Energy shares plummet as Enterprise gas field reserves slashed
The downgrade of the size of the gas field on Victoria’s coast has shaken the market, with analysts worried about other new projects.
- Angela Macdonald-Smith
July
New gas needed for energy transition, domestic supply: minister
The Albanese government has given the green light to gas exploration in the east and west coast. But safeguards have failed to placate green groups.
- Phillip Coorey
June
- Opinion
- Chanticleer
‘I don’t think you can trust me at this point’: CEO’s startling call
Brett Woods has a new plan from the Stokes family playbook and some solid market tailwinds at his back. But it will take time to win Beach Energy investors back.
- James Thomson
Beach looks to power generation, gas storage in turnaround plot
The Stokes-backed oil and gas producer’s new chief executive, Brett Woods, said he would sell non-core assets and reduce headcount by up to 30 per cent.
- Angela Macdonald-Smith
Vic gas backflip may be too little, too late: business, Libs
After Energy Minister Lily D’Ambrosio approved the state’s first new gas project in a decade, business was appreciative but underwhelmed.
- Phillip Coorey and Andrew Tillett
April
Beach shares dive as Waitsia gas project costs blow out to $1.3b
The troubled West Australian development was to open last year. It is now not expected to begin production until 2025, the Stokes-backed company said.
- Angela Macdonald-Smith
March
Nick Bolton-backed Vintage Energy rattles the tin; 37.5pc discount
In case you needed proof activist investor Nick Bolton has a string of misses for every Magellan Global Fund-like hit, here’s one.
- Sarah Thompson, Kanika Sood and Emma Rapaport
February
Ryan Stokes warms to gas pact with WA billionaires
Ryan Stokes raised the prospect of Seven, Hancock and MinRes working together on onshore gas production as Seven Group goes from strength to strength.
- Brad Thompson
Beach Energy freezes projects in turnaround bid
CEO Brett Woods will conduct a strategic review that will aim to boost returns and is likely to result in job losses.
- Angela Macdonald-Smith
- Exclusive
- Gas
Wesfarmers raises alarm as WA warms to onshore gas backflip
Wesfarmers warned the West Australian government against bowing to mounting pressure to overturn an onshore gas export ban.
- Tom Rabe and Brad Thompson
December 2023
AEMO sharpens warnings on WA gas shortfall
Uncertainty around the timing of new gas developments is worsening the risk of shortages in the West Australian market, the energy market operator said.
- Angela Macdonald-Smith