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Prospex Energy Interim Earnings Report

GBX 3.60 0.00 (0.00%)
As of 12:24 PM Eastern

Prospex Energy EPS Results

Actual EPS
-GBX 0.04
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Prospex Energy Revenue Results

Actual Revenue
N/A
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Prospex Energy Announcement Details

Quarter
Interim
Time
Before Market Opens
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

Prospex Energy Earnings Headlines

Prospex Energy PLC (PXEN)
The government values gold at $42. It's really $4,800.
The U.S. Treasury still values its gold reserves at 42.22 dollars an ounce, a price set in 1973. Gold trades near 4,500 dollars today, a 113-to-1 gap between book value and market reality. Treasury Secretary Scott Bessent has said he wants to monetize the asset side of the balance sheet. A revaluation could add more than 1 trillion dollars to the government's books overnight. Certain gold miners still trade as if gold were under 2,000 dollars, even as prices near record highs.tc pixel
Prospex wins Dunajec onshore licence in southern Poland
See More Prospex Energy Headlines
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About Prospex Energy

Prospex Energy (LON:PXEN) (AIM: PXEN) is an investment company focussed on high impact onshore and shallow offshore European opportunities with short timelines to production. The Company is building a sizeable oil and gas investment portfolio and has working interests in three natural gas fields, two in Spain - the Viura gas field and El Romeral, and one in Italy - the Selva Malvezzi concession, which are operated by the Company's partners. Prospex has also initiated applications for open-acreage exploration permits in Poland. Prospex's strategy is to acquire undervalued projects with multiple, tangible value trigger points that can be realised within 12 months of acquisition and then applying low-cost re-evaluation techniques to identify and de-risk prospects. The Company is committed to rapidly scaling up gas production in the short term to generate internal revenues that can then be deployed to develop the asset base and increase production further.

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