Sound Energy (SOU)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

0.70p
   
  • Change Today:
    -0.025p
  • 52 Week High: 1.25p
  • 52 Week Low: 0.60p
  • Currency: UK Pounds
  • Shares Issued: 2,080.62m
  • Volume: 1,344,298
  • Market Cap: £14.56m
  • RiskGrade: 409
  • Beta: 0.06

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Sound Energy continues gas sales discussions with Morocco authorities

By Josh White

Date: Thursday 07 Mar 2019

LONDON (ShareCast) - (Sharecast News) - Morocco-focussed upstream gas company Sound Energy confirmed continued positive discussions with the country's Office National de l'Electricité et de l'Eau Potable (ONEE) and the Moroccan Minister of Energy on Thursday, in relation to a gas sales agreement.
The AIM-traded firm said the minister had affirmed his intention that the agreement would cover all of the gas to be produced from the recently-awarded Tendrara production concession, onshore Morocco.

It said the gas sales agreement was a "critical next step" that Sound Energy and its partners required, ahead of taking a final investment decision on the development.

"The Tendrara development has the potential to offer Morocco both a new strategic domestic gas supply source, thereby reducing its dependency on Algerian imports, and significant new gas transportation infrastructure in the East of Morocco connected to the Gazoduc Maghreb Europe pipeline," the Sound Energy board explained in its statement.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Sound Energy Market Data

Currency UK Pounds
Share Price 0.70p
Change Today -0.025p
% Change -3.45 %
52 Week High 1.25p
52 Week Low 0.60p
Volume 1,344,298
Shares Issued 2,080.62m
Market Cap £14.56m
Beta 0.06
RiskGrade 409

Sound Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
80.47% above the market average80.47% above the market average80.47% above the market average80.47% above the market average80.47% above the market average
85.51% above the sector average85.51% above the sector average85.51% above the sector average85.51% above the sector average85.51% above the sector average
Price Trend
39.54% below the market average39.54% below the market average39.54% below the market average39.54% below the market average39.54% below the market average
16.22% below the sector average16.22% below the sector average16.22% below the sector average16.22% below the sector average16.22% below the sector average
Income Not Available
Growth
43.28% above the market average43.28% above the market average43.28% above the market average43.28% above the market average43.28% above the market average
70.21% above the sector average70.21% above the sector average70.21% above the sector average70.21% above the sector average70.21% above the sector average

Sound Energy Dividends

No dividends found

Trades for 03-Apr-2025

Time Volume / Share Price
15:58 54,500 @ 0.69p
15:54 147,390 @ 0.69p
15:30 200,000 @ 0.69p
13:35 100,748 @ 0.70p
12:27 106,241 @ 0.70p

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