Rex International

Rex International gets an 'outperfom' from KGI following higher oil prices - THE EDGE SINGAPORE

Broker's Calls

Rex International gets an 'outperfom' from KGI following higher oil prices

Analysts from KGI Group Research are maintaining their outperform stand on Rex International at a higher target price of 54 cents

Results

Rex International issues clarification on Brage Field acquisition

Rex International Holding has issued a clarification on the financial impact of the acquisition of the producing Brage Field
Rex International gets a 'buy' following 'record-breaking' profits for FY2021 - THE EDGE SINGAPORE

Broker's Calls

Rex International gets a 'buy' following 'record-breaking' profits for FY2021

UOBKayHian is maintaining its “buy” call on Rex International, at a revised target price of 58 cents.

Broker's Calls

KGI keeps 'buy' on Rex International with TP of 50 cents on the back of strong oil prices

Both Brent and WTI rose around 3% on Feb 11 to US$94.44 and US$93.10 respectively, closing at their highest levels since Sept 2014
KGI raises TP for Rex International, maintains 'outperform' recommendation - THE EDGE SINGAPORE

Broker's Calls

Rex International intends to upgrade listing to Mainboard; KGI raises target price to 40 cents

Rex’s strong balance sheet, free cash flow generation and access to capital differentiates it from many other E&P companies
Rex International awarded two production sharing contracts by Petronas - THE EDGE SINGAPORE

Contracts

Rex International awarded two production sharing contracts by Petronas

The contracts are related to the development and production of the Rhu-Ara and the Diwangsa clusters.
Crude oil rally drives oil and gas and offshore plays  temporarily higher - THE EDGE SINGAPORE

Right Timing

Crude oil rally drives oil and gas and offshore plays temporarily higher

As crude oil rises, so do some battered oil and gas stocks such as RH Petrogas, Rex International and Marco Polo Marine
RH Petrogas and Rex International to benefit from increase in crude oil prices: UOB Kay Hian - THE EDGE SINGAPORE

Broker's Calls

RH Petrogas and Rex International to benefit from increase in crude oil prices: UOB Kay Hian

Rising crude oil prices have triggered renewed interest in the O&G sector.

Management & Corporate Governance

Five ex-remisiers charged for false trading of 55 SGX-listed securities

Five remisiers from various brokerages were charged on August 20 for false trading of 55 SGX-listed securities, ranging from Annica Holdings to Rex International.
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