Challenger Energy Group (CEG)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

0.12p
   
  • Change Today:
      0.003p
  • 52 Week High: 0.13
  • 52 Week Low: 0.038
  • Currency: UK Pounds
  • Shares Issued: 10,494m
  • Volume: 11,931,702
  • Market Cap: £12.86m
  • RiskGrade: 73

Challenger Energy now debt-free after bridge loan repayment

By Josh White

Date: Friday 10 Nov 2023

LONDON (ShareCast) - (Sharecast News) - Caribbean and Americas-focussed oil and gas company Challenger Energy announced on Friday that it has retired its short-term bridge loan, under the terms it outlined on 27 October.
The AIM-traded firm said the move followed the recent transaction involving the sale of the Cory Moruga licence, as disclosed on 7 November.

It said the proceeds generated from the sale of the Cory Moruga licence were allocated towards the repayment of the short-term bridge loan.

As a result, Challenger Energy was now completely debt-free.

At 0837 GMT, shares in Challenger Energy Group were down 3.04% at 0.0606p.

Reporting by Josh White for Sharecast.com.

Email this article to a friend

or share it with one of these popular networks:


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.

 

CEG Market Data

Currency UK Pounds
Share Price 0.12p
Change Today 0.003p
% Change -2.00 %
52 Week High 0.13
52 Week Low 0.038
Volume 11,931,702
Shares Issued 10,494m
Market Cap £12.86m
RiskGrade 73

CEG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
87.21% above the market average87.21% above the market average87.21% above the market average87.21% above the market average87.21% above the market average
78.95% above the sector average78.95% above the sector average78.95% above the sector average78.95% above the sector average78.95% above the sector average
Price Trend
88.40% above the market average88.40% above the market average88.40% above the market average88.40% above the market average88.40% above the market average
87.65% above the sector average87.65% above the sector average87.65% above the sector average87.65% above the sector average87.65% above the sector average
Income Not Available
Growth
1.99% above the market average1.99% above the market average1.99% above the market average1.99% above the market average1.99% above the market average
16.98% below the sector average16.98% below the sector average16.98% below the sector average16.98% below the sector average16.98% below the sector average

CEG Dividends

No dividends found

Trades for 01-Mar-2024

Time Volume / Share Price
16:37 5,000,000 @ 0.12p
16:09 173,725 @ 0.12p
16:00 350,000 @ 0.12p
14:34 100,000 @ 0.13p
14:34 47,999 @ 0.13p

CEG Key Personnel

CEO Eytan Uliel

Top of Page