Rex International

Oil & Gas

Rex International miffed at ‘unloved and undervalued’ label, intensifies bid to raise oil reserves

Although d’Abo notes the potential of other businesses, he remains focused on growing Rex International's reserves.

Oil & Gas

Rex International’s oil production increases 9.4% m-o-m in October

Production from Norway and Oman totalled 10,027 barrels of oil equivalent per day (boepd) in October, up 9.4% m-o-m from 9,163 boepd recorded in September.

Oil & Gas

Rex International’s oil production falls 21.2% m-o-m in September

According to the group, production from Norway and Oman totalled 9,163 boepd in September, down 21.2% m-o-m.
UOB Kay Hian trims target price for Rex International to 8 cents, urges better disclosure - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian trims target price for Rex International to 8 cents, urges better disclosure

Rex remains 'an adventurous' explorer but need additional capex

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
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