i3 Energy Plc

Equities

I3E

GB00BDHXPJ60

Oil & Gas Exploration and Production

Market Closed - London S.E. Other stock markets 11:35:05 2024-07-16 am EDT			5-day change	1st Jan Change
9.8 ^GBX	-0.31%		-2.58%	-12.81%

Jul. 05	I3 Energy's share reduction sent to Registrar of Companies	AN
Jul. 04	I3 Energy Reduces Share Capital	MT

I3 Energy "continues to perform very well" despite unexpectedly low oil and gas prices

June 30, 2023 at 06:47 am EDT

(via NewsDirect)

i3 Energy PLC (AIM:I3E, TSX:ITE, OTC:ITEEF) chief executive Majid Shafiq speaks to Thomas Warner from Proactive after releasing an operational and financial update. Shafiq says that i3 Energy "continues to perform very well" but that its previous estimations of global oil and gas prices, which were based on widespread consensus in the market, ultimately proved to be higher than the levels recorded so far this year and required a response from the company's leadership.

Contact Details

Proactive UK Ltd

+44 20 7989 0813

uk@proactiveinvestors.com

Latest news about i3 Energy Plc

I3 Energy's share reduction sent to Registrar of Companies	Jul. 05	AN
I3 Energy Reduces Share Capital	Jul. 04	MT
I3 Energy's Capital Reduction Receives Court Approval	Jul. 04	MT
I3 Energy Plc Declares Dividend for the Second Quarter of 2024, Payable on 2 August 2024	Jul. 04	CI
EARNINGS AND TRADING: i3 swings to quarterly loss; 4Global revenue up	May. 15	AN
I3 Energy Plc Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 15	CI
Earnings Flash (I3E.L) I3 ENERGY Reports Q1 Revenue GBP31.4M	May. 15	MT
Earnings Flash (I3E.L) I3 ENERGY Posts Q1 Loss GBX-0.51	May. 15	MT
I3 Energy Plc Provides Dividend Guidance for the Second Quarter of 2024	May. 15	CI
I3 Energy Plc Reports Production Results for the First Quarter Ended 31 March 2024	May. 15	CI
I3 Energy Plc Reports Production Results for the Year Ended December 31, 2023	Apr. 29	CI
EARNINGS: Aminex says 2024 to be "decisive"; i3 held back by wildfires	Apr. 29	AN
Earnings Flash (I3E.L) I3 ENERGY Reports FY23 EPS GBX1.24	Apr. 29	MT
Earnings Flash (I3E.L) I3 ENERGY Posts FY23 Revenue GBP146.3M	Apr. 29	MT
I3 Energy Plc Reports Earnings Results for the Full Year Ended December 31, 2023	Apr. 29	CI
Norcros sells Johnson Tiles UK; Trifast trading well	Apr. 25	AN
I3 Energy Plc Provides Dividend Forecast for the Year 2024	Apr. 25	CI
I3 Energy Plc Provides Production Guidance for the Year 2024	Apr. 25	CI
I3 Energy to Sell Certain Royalty Assets for $25 Million	Apr. 17	MT
I3 Energy's subsidiary sells royalty assets for USD24.8 million	Apr. 17	AN
I3 Energy Plc Announces Dividend for First Quarter of 2024, Payable on 3 May 2024	Apr. 04	CI
Develop North net asset value down amid rising rates	Mar. 28	AN
I3 Energy Proposes Reduction of Share Capital; Down 2% in LSE Trading	Mar. 26	MT
I3 Energy Proposes Reduction of Share Capital; Down Nearly 2% in LSE Trading	Mar. 26	MT
I3 Energy Plans Share Capital Reduction	Mar. 26	MT

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Company Profile

i3 Energy plc is an independent oil and gas company with assets and operations in the United Kingdom and Canada. The Company's principal activities consist of oil and gas production in the Western Canadian Sedimentary Basin (WCSB) and appraisal of oil and gas assets on the United Kingdom Continental Shelf (UKCS). The Company's wholly owned subsidiaries i3 Energy North Sea Limited and i3 Energy Canada Limited are independent oil and gas companies with appraisal assets in the United Kingdom and producing assets in Canada, respectively. It holds the P.2358 license in the UKCS which contains the Serenity field discovery. This licence also contains the Liberator field discovery and the Minos High prospect. The Company holds various mineral licenses across its main operating areas in the WCSB, being Wapiti, Simonette, Clearwater, and Central Alberta. The Company's Canadian production asset base consists of over 850 net conventional oil, natural gas and natural gas liquids production wells.

Sector

Oil & Gas Exploration and Production

Calendar

2024-09-09 - Q2 2024 Earnings Release (Projected)

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Ratings for i3 Energy Plc

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.0983 GBP

Average target price

0.2533 GBP

Spread / Average Target

+157.71%

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