Rex International

Oil & Gas

Rex subsidiary to acquire 4 mmboe of net contingent resources in Brasse Field, Norway

The Brasse Field is expected to start commercial production in 2027.

Oil & Gas

UOB Kay Hian keeps ‘market weight’ call on oil & gas sector as RH Petrogas and Rex even out

Analyst Adrian Loh has kept "buy" on RH Petrogas and "sell" on Rex International.

Broker's Calls

UMS and Rex’s CEOs most overpaid in 2022 relative to their share price performances: UOB Kay Hian

Companies that got the most value out of their CEOs were YZJ, Singtel and SIA.
Rex International's Yunma oil field remains problematic: UOBKH - THE EDGE SINGAPORE

Broker's Calls

Rex International's Yumna oil field remains problematic: UOBKH

Things are not going so well for Rex International.

Results

Rex International ends FY2022 with earnings of US$0.4 mil, contrary to earlier profit warning

Besides a final dividend of 0.5 cent for FY2022, Rex may pay an interim dividend for 1HFY203

Results

Rex International issues profit warning, citing lower revenue due to production stoppages

Production was halted several times throughout 2022
Rex subsidiary partakes in North Sea oil discovery - THE EDGE SINGAPORE

Oil & Gas

Rex subsidiary partakes in North Sea oil discovery

Preliminary volume calculations indicate between 500,000 to 1.4 million cubic metre of recoverable oil equivalents.

Company in the news

Rex International plans capital reduction of US$168.1 million

Rex International shares closed at 23 cents on Nov 23, down 2.13% for the day and down 28.13% year to date.
Rex International seeks growth ahead amid higher oil prices - THE EDGE SINGAPORE

Corporate moves

Rex International seeks growth ahead amid higher oil prices

While oil prices see a reprieve, Rex International is riding the wave for growth.

Broker's Calls

UOBKH drops TP for Rex International as production levels dip due to maintenance

UOBKH drops TP for Rex International but maintains a rather bright outlook.
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