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Rex International
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.
February 10, 2023
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.
November 23, 2022
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.
October 13, 2022
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.
July 08, 2022
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
March 14, 2022
Broker's Calls
Broker's Digest: SembMarine, Dairy Farm International, Hongkong Land, Rex International
See what the analysts have to say here.
March 11, 2022
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
March 09, 2022
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.
March 08, 2022
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
February 14, 2022
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
October 18, 2021