June 2022
CEOs back capacity market, but divided on coal
Such a mechanism could prevent further energy crunches. However, executives are split on whether the controversial fossil fuel should be included.
- Colin Packham and Patrick Durkin
May 2022
Power companies tell customers: leave us, we’re too expensive
Small retailers LPE and Discover Energy are some of the first to raise customer rates following a huge rise in the cost of wholesale electricity production.
- Colin Packham
February 2022
EnergyAustralia partners with Nexport to ready for electric bus boom
Interest in zero emission buses is growing as the sector is buoyed by new state targets and rapidly declining battery costs.
- Colin Packham
February 2020
'Populist politics': Business slams Rex Patrick over tax attacks
The Centre Alliance senator has slammed the bosses of ExxonMobil and EnergyAustralia, but business is pushing back against his campaign.
- Tom McIlroy
March 2019
Energy investors unfazed as stocks hit by Norway divestment plan
Investors in local oil and gas stocks are watching if any domestic pension funds follows Norway's huge government fund in stepping away from the sector.
- Updated
- Angela Macdonald-Smith
March 2018
No Elliott, no worries for ambitious Sundance Energy
The only thing missing from Sundance Energy's ambitious $331 million equity raising and acquisition is BHP Billiton's old-sparring partner, Elliott Management.
- Updated
- Sarah Thompson, Anthony Macdonald and Joyce Moullakis
Three brokers launch $331m Sundance Energy raising
ASX-listed oil and gas play Sundance Energy is seeking to raise $331 million via a two tranche placement and non-renounceable rights issue.
- Updated
- Sarah Thompson, Anthony Macdonald and Joyce Moullakis
January 2018
How the Rich Invest: Travers Duncan
Rich Lister lister Travers Duncan holds some of the ASX's best performing stocks, including Sundance Energy, which has staged a comeback of late.
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- John Stensholt
December 2014
Australian shares gain amid improving US growth outlook
The ASX is down slightly at the open, despite gains on European and US markets where the Dow Jones Industrial Average topped 18,000 for the first time after an unexpectedly strong report on US economic growth.
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- Sally Rose
November 2014
Sundance, Swift in talks as Karoon weighs debt options
United States-focused shale player Sundance Energy is known for its “drill and flip” strategy, which basically involves drilling to establish a resource, starting some production and then selling the asset.
- Sarah Thompson, Anthony Macdonald and Jake Mitchell
May 2014
Sundance Energy in $US150m shale asset shuffle
United States shale player Sundance Energy has continued its “drill and flip” strategy, selling non-core acreage in one basin in Colorado for $US116 million, while adding ground in the popular Eagle Ford region in Texas for an estimated $US60 million.
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- Angela Macdonald-Smith
February 2014
- Opinion
- Opinion
PEP ducks escrow as Energy Developments expects liquidity boost
Pacific Equity Partners has dodged an escrow period for its $650 million Energy Developments stake, but fund managers bought into Monday’s offer confident it would be difficult for the private equity firm to sell any more shares in the next six-months.
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Sundance Energy pulls American IPO
Gas explorer Sundance Energy Australia has pulled its United States initial public offering, blaming market conditions for delaying the $US150 million to $US180 million listing.
- Updated
- Sarah Thompson, Anthony Macdonald and Gretchen Friemann
Euroz seeks bids in Sundance Energy book
Broker Euroz is calling for bids into a $60.6 million placement for gas junior Sundance Energy Australia, ahead of the Monday night offer close.
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- Sarah Thompson, Anthony Macdonald and Gretchen Friemann
January 2014
Sundance Energy (SEA)
RBC Capital Markets has an ‘outperform speculative risk’ call on Sundance Energy and a 12-month price target of $1.25.
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- Elise Shaw
October 2013
- Opinion
- Opinion
Deutsche to launch Yuma Energy $300m IPO by Friday
US shale gas hopeful Yuma Energy will launch a $300 million initial public offering through Deutsche Bank before the end of the week.
- Sarah Thompson, Anthony Macdonald and Gretchen Friemann
May 2013
Sundance launches raising
Oil and gas player Sundance Energy is looking to raise $63 million to pump up development at its Eagle Ford project in southern Texas.
- Updated
- Sarah Thompson, Anthony Macdonald and Gretchen Friemann
January 2013
Dividends in, cash out of fashion
Stocks defied the odds to deliver double-digit returns in 2012 – and if there’s one thing the market can count on, it’s that dividends will maintain their allure.
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- Vesna Poljak
November 2012
- Opinion
- Opinion
Sundance Energy gets a ‘buy’ from Merrills
Sundance Energy is cashed up after its sale of South Antelope for $US178 million, with zero debt and 60¢ per share in cash on the books.
- Sarah Thompson and Anthony Macdonald
August 2012
Sundance’s shale sale fuels $US150m profit
Sundance Energy has generated a $US150 million profit on the sale of its stake in a field in the Bakken shale in Texas, which it will use to repay debt and redirect into development projects.
- Updated
- Angela Macdonald-Smith