×
Skip to content
ShareCafe

  • Home
  • Shares
  • Financial Products
  • Video
  • Contributors
  • Community
  • About us
  • Facebook
  • Twitter
  • YouTube
  • RSS
Main Menu

Tag: VEA

Commodities / Markets / Shares

Good Time to Be the Middle Man in the Oil Game

May 12, 2022May 12, 2022 - by Glenn Dyer

Oil price strength has fattened profit margins up the production, distribution and retail chains, with local refiners Viva and Ampol among those reaping the bottom-line benefits.

Read More
Broker News

VEA – Credit Suisse rates the stock as Outperform

April 14, 2022 - by Broker News

The broker retains its Outperform rating and $2.57 target price.

Read More
Markets / Shares

Viva Energy to Upgrade Geelong Refinery

April 13, 2022 - by Glenn Dyer

Viva Energy has given the go-ahead to a $300 million upgrade of its Geelong oil refinery to comply with new emissions limits and ensure the plant can continue operating.

Read More
Commodities / Markets / Shares

Ampol, Viva Say Nyet to Russian Oil

March 8, 2022March 8, 2022 - by Glenn Dyer

Australian refiners Ampol and Viva Energy say they will stop using Russian crude oil in their plants after shipments currently en route arrive, making them the country’s last two to do so.

Read More
Broker News

VEA – UBS rates the stock as Buy

October 27, 2021 - by Broker News

UBS maintains a Buy rating, expecting the business will benefit from rising demand for fuel as travel restrictions ease. Target is raised to $2.50 from $2.45.

Read More
Markets / Shares

Profit Briefs: BLD, VEA

August 24, 2021August 24, 2021 - by Glenn Dyer

As the reporting season winds down, here are snippets from the results announced yesterday by Kerry Stokes-controlled Boral Limited and fuel supplier Viva Energy Group.

Read More
Broker News

VEA – UBS rates the stock as Buy

July 12, 2021 - by Broker News

Buy retained. Target rises to $2.45 from $2.35. 

Read More
Markets / Shares

Government Assistance Drives Viva Upgrade

July 9, 2021July 9, 2021 - by Glenn Dyer

A year on from the depths of the pandemic, oil refinery and service station operator Viva Energy has produced an upgrade amidst the current round of lockdowns.

Read More
Commodities / Markets / Shares

Viva’s Lost Wages as Pandemic Bites

February 24, 2021 - by Glenn Dyer

Viva Energy has followed its rival Ampol in revealing the damage done to the refining, distribution and retailing of oil and petrol products by COVID.

Read More
Broker News

VEA – Credit Suisse rates the stock as Neutral

December 15, 2020 - by Broker News

Viva Energy will participate in an interim refinery production payment program provided by the Commonwealth government. CS retains a Neutral rating and raises the target to $2.03 from $1.78.

Read More
Broker News

VEA – Credit Suisse rates the stock as Neutral

October 15, 2020 - by Broker News

The September quarter update was largely in line with Credit Suisse forecasts. The sustainability of the refinery is a large issue that the broker believes is not sufficiently embedded in investor thinking.

Read More
Shares

Viva Energy Eyes Closure Of Geelong Refinery

September 8, 2020September 7, 2020 - by Glenn Dyer

Investors seem to be fairly relaxed by the threat from Viva Energy to shut its Geelong oil refinery. Demand for petrol, distillates, and especially jet fuel have been cut by the lockdowns, with the latter likely to be a long term concern.

Read More
Shares

Buyback Restart Sparks Rally In Viva Energy Shares

June 17, 2020 - by Glenn Dyer

The share price of Viva Energy, Australia’s other listed oil refiner and marketer jumped more than 15% in yesterday’s big market surge but there hasn’t been a surge in demand for oil, petrol, jet fuel or chemicals.

Read More
Shares

Viva Energy To Shut Down Parts Of Geelong Refinery

April 28, 2020April 28, 2020 - by Glenn Dyer

The downturn in demand for energy, especially petrol and jet fuel is hitting the Australian refining and distribution sector with Viva Energy saying it’s Geelong refinery would be shutting down major processing units and scaling back output as the coronavirus crisis cuts demand for fuel.

Read More
Broker News

VEA – Credit Suisse rates the stock as Neutral

April 14, 2020 - by Broker News

The company will delay its on-market buyback to assess the longer-term impact of the coronavirus crisis. Capital expenditure will be reduced to preserve cash flow.

Read More
Commodities / Shares

Who (Eventually) Benefits From The New Oil Shock

March 18, 2020March 18, 2020 - by Tim Boreham

In more normal times – and nothing is normal at the moment – low oil prices benefit the global economy and stocks such as manufacturers and transport companies. Tim Boreham outlines those Australian companies which stand to benefit from significantly lower energy prices.

Read More
Broker News

VEA – UBS rates the stock as Buy

February 25, 2020 - by Broker News

Viva Energy’s result was in line with recently downgraded guidance, although overall quality was better than expected, the broker notes. An announced $680m off-market buyback is a clear positive. The broker suspects earnings may have bottomed.

Read More
Broker News

VEA – UBS rates the stock as Buy

December 10, 2019December 10, 2019 - by Broker News

2019 guidance for operating earnings (EBITDA) of $371-401m is -15% below UBS estimates. The broker notes the business is, by its nature, volatile and that is reflected in the high PE discount to the market.

Read More
Shares

Retail Fuel Competition Still Dogs Viva Energy

October 29, 2019October 29, 2019 - by Eva Brocklehurst

Despite higher refining margins, the focus is on Viva Energy’s retail fuel offering, which is likely to remain pressured by competition.

Read More
Broker News

VEA – UBS rates the stock as Buy

October 29, 2019 - by Broker News

Viva Energy’s Sep Q update revealed refiner margins ahead of forecasts but retail margins remaining soft. This comes out as a net positive, with UBS suggesting 9% upside to consensus forecasts on better refiner margins with some offset from weak retail.

Read More
Broker News

VEA – Morgans rates the stock as Hold

August 27, 2019 - by Broker News

Viva Energy Group’s first-half result met June guidance and Morgans’ forecasts as tough operating conditions persisted across retail, refining, and commercial. 

Read More
Broker News

VEA – Deutsche Bank rates the stock as Buy

June 25, 2019June 25, 2019 - by Broker News

Viva’s update confirmed refinery earnings are even worse than the broker had feared, but there are signs of strength in Fuels & Marketing relative to the weak update provided by Caltex ((CTX)) last week. The broker doesn’t believe refining margins can get much worse, and retail margins are showing signs of improvement.

Read More
Broker News

VEA – Morgans rates the stock as Add

April 30, 2019April 30, 2019 - by Broker News

The company reported an improved gross refining margin in March of US$6.50 a barrel. Crude intake was also higher in March. Morgans notes the rise in oil prices has hurt retail fuel margins.

Read More
Shares

Viva Squeezed By Higher Energy Prices

April 30, 2019April 29, 2019 - by Glenn Dyer

Oil refiner and retailer Viva Energy has been bitten by rising global oil prices – not only have earnings taken a $35 million because of the sharp rise in oil prices so far this year but that it expects more pain to come.

Read More
  • Bell Potter LIC Weekly: Quality Growth – Going, Going, Gone
  • S32 – Citi rates the stock as Buy
  • ALQ – Morgan Stanley rates the stock as Equal-weight
  • SLC – Morgans rates the stock as Add
  • FPH – Citi rates the stock as Buy
  • ALQ – Macquarie rates the stock as Outperform
  • NAN – Morgans rates the stock as Add
  • Lunch Report: 26 May, 2022

Subscribe to ShareCafe

The daily resource for hands-on investors. Market insights and investment ideas delivered free to your inbox.

Copyright 2020 Informed Investor Pty Ltd ABN 42 162 871 589. All rights reserved.
No portion of this website maybe reproduced, copied or in any way released without written permission.
Share Cafe is a Corporate Authorised Representative (001283561) of Sequoia Asset Management Pty Limited who holds an Australian Financial Services Licence (Number: 341506)

Terms of Service | Privacy Policy | Contact | Advertise

DOWNLOAD RESEARCH REPORT

4Q reveals more focus on profit and cash flow

• LBY’s 4Q FY22 quarterly activities update showed continued solid growth in top line metrics, albeit slowing, with GMV of NZ$203m (+26% on pcp) and income of NZ$12.1m (+23% on pcp).
• Net Transaction Margin (NTM) disappointed at -0.5%, due to further increase in credit losses from 4.0% to 4.9% of GMV. However, new fraud and credit risk management tools have seen losses recover materially with NTM back to 1.2% in March and LBY is confident of further recovery in coming months.

    SMSFBrokerFinancial Adviser

    Please prove you are human by selecting the Star.

    DOWNLOAD RESEARCH REPORT

    Signs MOU with Ford Company – Kachi is now sold out!

    Lake Resources (LKE. ASX) – LKE has signed two non-binding MOU’s in the space of 10 days. Ford Company (Ford) has signed an MOU for ~25,000t/year and last week Hanwa, a Japanese commodity trader signed a MOU for up to 25,000t/year. Subject to execution, this is an amazing feat as Ford and Hanwa are prepared to enter into longer-term strategic partnerships with LKE. Commercial negotiations are still ongoing but are expected, especially if Ford & Hanwa inject new equity into LKE, to further de-risk the project financing & thus ensure LKE and Kachi are fully funded.

      SMSFBrokerFinancial Adviser

      Please prove you are human by selecting the Heart.

      DOWNLOAD RESEARCH REPORT

      Strategic Vanadium-battery growth with Titanium & Iron earnings resiliency

      TNG Ltd is an ASX-listed technology owner and developer of the world-class Mount Peake near-surface vanadiferous titanomagnetite deposit. To unlock value, TNG will concentrate ore from its central Northern Territory mine for processing through its patented TIVAN® process produce three premium quality revenue streams: hi-purity vanadium pentoxide (V2O5) for steel alloys and Vanadium Redox Flow batteries, a quality titanium pigment for paints and a premium steel input with >64%Fe iron ore fines.

        SMSFBrokerFinancial Adviser

        Please prove you are human by selecting the Tree.

        Promising exploration and development update while SOP prices continue to rise

        Two recent gravity surveys have considerably exceeded expectations and revealed potential for extensions to the existing MRE at Lake Throssell, plus a material growth opportunity at Lake Yeo. This reinforces the potential for a multi-decade, Tier-1 SOP production hub based around Lake Throssell.

        TMG is currently completing work towards the PFS due early 2023, including drilling to start in Q3 2022, evaporation trials and permitting activities. Results from these programs will support the PFS and any future resource upgrade.

        Benchmark SOP prices have risen to ~US$940/t due to recent geopolitical developments. The Oct 2021 Scoping Study assumed a SOP price of US$550/t and contained a sensitivity analysis showing every 10% increase in price drives a +$144m increase in the project NPV of $364m. The c.70% increase above the Scoping Study thus implies a project NPV of ~$1.4bn.

        DOWNLOAD RESEARCH REPORT

          SMSFBrokerFinancial Adviser

          Please prove you are human by selecting the Star.

          DOWNLOAD RESEARCH REPORT

          Biopharmas Hit, but Buying Opportunities Created

          The news being reported about the performance of biotechnology has been dour, to say the least, for some time now. Those dour articles have been deserved with the iShares Biotechnology Exchange-Traded Fund down 25% and the SPDR® S&P® Biotech ETF is down 45% from their highs. However, those articles are backward-looking, and successful investors need to be looking forward.

          Recently, however, an article in Nature Reviews Drug Discovery caught our eye which we believe should point the way forward for the vast majority of Australian biotechnology investors. This article indicates that, at least, two companies, Antisense Therapeutics (ANP) and Kazia Therapeutics (KZA), are right in the sweet spot in terms of the future of drug development.

            SMSFBrokerFinancial Adviser

            Please prove you are human by selecting the Car.

            DOWNLOAD RESEARCH REPORT

            Biopharmas Hit, but Buying Opportunities Created

            The news being reported about the performance of biotechnology has been dour, to say the least, for some time now. Those dour articles have been deserved with the iShares Biotechnology Exchange-Traded Fund down 25% and the SPDR® S&P® Biotech ETF is down 45% from their highs. However, those articles are backward-looking, and successful investors need to be looking forward.

            Recently, however, an article in Nature Reviews Drug Discovery caught our eye which we believe should point the way forward for the vast majority of Australian biotechnology investors. This article indicates that, at least, two companies, Antisense Therapeutics (ANP) and Kazia Therapeutics (KZA), are right in the sweet spot in terms of the future of drug development.

              SMSFBrokerFinancial Adviser

              Please prove you are human by selecting the House.

              DOWNLOAD RESEARCH REPORT

              Coal prices up, debt down – It’s payback time

              Strong 1H22 but the real story unfolds in 2H22.

              TerraCom made two announcements to the ASX on the 28th February – the first was their 2021 Half Year 2021 result which indicated that TER continues to report strong operating metrics as well as enjoying buoyant thermal coal markets which is allowing them to pay down debt at an accelerated pace.

                SMSFBrokerFinancial Adviser

                Please prove you are human by selecting the Key.

                DOWNLOAD RESEARCH REPORT

                Hitting goals – Making four material announcements

                We initiated on Magnis Energy Technologies (MNS.ASX) in December 2021 and since then, MNS has made four material announcements. Firstly; a conditional offtake contract for 600,000t of graphite concentrate from the Tanzanian Nachu Project (net 100%) was signed with Traxys, a global
                commodities merchant with annual revenue of ~US$6Bn; secondly; semi autonomous production has started at battery gigafactory iM3NY, thirdly;
                exciting Extra Fast Charge battery tests were reported and most recently, the game changing launch of the Lithium Slim Energy Reserve battery platform, which supports C4V’s growing EFC capability.

                  SMSFBrokerFinancial Adviser

                  Please prove you are human by selecting the Plane.

                  DOWNLOAD RESEARCH REPORT

                  Increasing our Target

                  Despite the lower realised oil and gas price, which fell by 5.4% and 19.7% respectively in August, Calima managed to show improvement in its key business metrics.

                  We expect higher production in November due to the contribution by the new Thorsby wells which will be drilled in August/September which will see Calima meet its 2021 production guidance of 4,500 boe/d.

                    SMSFBrokerFinancial Adviser

                    Please prove you are human by selecting the Heart.

                    DOWNLOAD RESEARCH REPORT

                    Emerging Financial Wealth Advisory Group

                    WT Financial Group Limited (WTL) is a growing diversified financial services company, founded in 2010 and listed on the Australian Stock Exchange (ASX) in 2015. Its advice and product offerings are delivered primarily through a group of independent financial advisers operating as authorised representatives of WTL under its Wealth Today Pty Ltd (Wealth Today) and Sentry Group Pty Ltd (Sentry Group) dealer group operations. It has around 275 advisers across more than 200 financial advice practices Australia-wide. It also operates a direct-to-consumer operation under its Spring Financial Group brand.

                      SMSFBrokerFinancial Adviser

                      Please prove you are human by selecting the Star.

                      DOWNLOAD RESEARCH REPORT
                      Immutep Taking the Fight to Cancer

                      In May 2021, Corporate Connect analyst Marc Sinatra published a comprehensive research report on ASX-listed biotech Immutep Ltd (ASX: IMM). So impressed was he with IMM that Corporate Connect felt it imperative that a follow-up report be released placing a valuation on the company, because the market was not seeing the vast potential of eftilagimod alpha (efti).

                      This follow-up report has been released today. Using comparables, after adding cash back to their EV estimate and dividing by the total number of issued shares, Corporate Connect now places the fair value of an Immutep share at $A2.20.

                        SMSFBrokerFinancial Adviser

                        Please prove you are human by selecting the Flag.

                        DOWNLOAD RESEARCH REPORT

                        Phillips 66 to acquire 16% in NVX – 12-month target price rises 7% through project de-risking

                        Phillips 66 (PSX) has entered into an agreement with NVX to acquire 77.9m new shares for US$150m (A$203m). PSX is the worlds largest producer of speciality petroleum coke a precursor for battery grade synthetic graphite anode materials found with an Enterprise Value of US$47.5Bn and assets of US$57Bn.

                          SMSFBrokerFinancial Adviser

                          Please prove you are human by selecting the Tree.

                          DOWNLOAD RESEARCH REPORT

                          Market leading lifelong learning platform technology company in Australia and SE Asia

                          PayGroup (PYG) delivers multi-country BPO services and cloud SaaS HCM solutions, assisting companies to manage employees in multiple, complex jurisdictions. The company has many growth opportunities, including new clients, new jurisdictions, new products, partner expansion, and new revenue sources. PYG’s scalable business model allows operating leverage and with savings from in-housing third party technology, support margin expansion.

                            SMSFBrokerFinancial Adviser

                            Please prove you are human by selecting the Car.

                            DOWNLOAD RESEARCH REPORT

                            Market leading lifelong learning platform technology company in Australia and SE Asia

                            OpenLearning (OLL) is a higher education technology company that operates a scalable online learning platform through a software-as-a-service (SaaS) business model and provides a global marketplace of high quality courses for learners of all levels. Its primary customers are education providers based in Australia and South-East Asia (primarily Malaysia). OLL started operations in Australia in 2012 and expanded to Malaysia in 2015, Singapore in 2018, and recently also Indonesia.

                              SMSFBrokerFinancial Adviser

                              Please prove you are human by selecting the Flag.