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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
61% of retail CFD accounts lose money. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at https://etoro.tw/44JRWLY
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
61% of retail CFD accounts lose money. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at https://etoro.tw/44JRWLY
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
61% of retail CFD accounts lose money. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at https://etoro.tw/44JRWLY
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Energean (LON: ENOG), the London-listed oil and gas producer focused on the Eastern Mediterranean, rose on Wednesday after half-year results showed profit surging despite a government-mandated shutdown of its Israeli gas output earlier in the year.
Shares climbed 5.1% to 832p, up from Tuesday’s close of 791.5p, touching 845.5p intraday and nearing a one-month high. The stock remains below its 52-week high of 981.3p.
ENOG.LSE
Production fell 10% to 124 Kboe/d and revenue dropped 8% to $743m in the first half, after Israel ordered a 41-day suspension of output between 28 February and 9 April amid regional conflict escalation. Yet profit after tax climbed 45% to $160m and free cash flow rose 35% to $250m, helped by a lower effective tax rate and stronger realised liquids prices, the prices Energean actually achieved for its oil output.
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Chief executive Mathios Rigas said: “Energean has entered the second half of 2026 from a position of real strength. Free cash flow rose 35% year-on-year to $250 million in H1 2026, profit after tax increased 45% to $160 million, and net debt fell by $97 million in Q2 2026, all while we are in the peak year of investment for Katlan.”
Production has since fully recovered, averaging 135 Kboe/d over the eight months to August, with the month alone topping 180 Kboe/d. The company reaffirmed full-year guidance of 130-140 Kboe/d.
Energean also unveiled fresh growth catalysts: a roughly $1.4bn, 15-year gas supply deal with Israeli power plant operator Sorek Energy, and agreed terms with Egypt’s state oil company EGPC to merge its three Egyptian concessions, backed by an initial $150m investment.
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The Katlan gas project, in its peak year of investment, remains on schedule for first output in the first half of 2027.
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