Rex International

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.

Company in the news

Rex International gets Oman approval to fully develop oilfield

Rex International has announced that the field development plan for the Yumna Field has been approved by Oman’s Ministry of Oil and Gas on July 12.

Commodities

Despite slow recovery, some locally listed O&M players outperform STI

SINGAPORE (Dec 2): Year to date, the Straits Times Index has climbed 4.8% to close at 3,215.53 points on Nov 27. But more than a handful of the locally listed companies that operate across the oil and gas (O&G) value chain have outperformed the benchmark

Markets

IMF cuts global GDP forecast; Rex shares spike on oil discovery

SINGAPORE (Oct 21): Although the ongoing trade war between the US and China has offered glimpses of optimism, the global economy remains largely fractured and shows signs of sinking deeper into the doldrums.
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