Geo Energy Resources

SINGAPORE (Nov 28): Phillip Securities Research is keeping its positive stance on coal producer Geo Energy Resources on the back of an improving war chest amid robust production.

(Nov 20): Geo Energy Resources has achieved a big improvement in profitability this year, on increased production at its coal mine in Indonesia as well as higher selling prices. And, production at its second mine could kick off next year. Now, confident t

SINGAPORE (Sept 28): Geo Energy Resources, the Indonesian coal mining group, says the US$300 million ($408 million) notes offering by its subsidiary, Geo Coal International, was more than three times oversubscribed by institutional and accredited investor

SINGAPORE (May 11): Geo Energy Resources, the Indonesian coal producer, announced 1Q earnings of US$14.6 million ($20.6 million) compared to a loss of US$2.9 million a year ago.

SINGAPORE (Nov 16): NRA Capital is maintaining its “overweight” recommendation with fair value of 34.5 cents on Geo Energy Resources in anticipation of a jump in earnings from 4Q16.

SINGAPORE (Nov 3): NRA Capital is keeping its ‘overweight’ rating on Geo Energy Resources with a fair value estimate of 31 cents, despite its share price having almost doubled since the research house initiated coverage.

SINGAPORE (July 18): Geo Energy Resources has signed a conditional sale and purchase agreement to buy a 98.73% stake in an Indonesian company that holds a coal mining concession in South Kalimantan.