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The latest announcement is out from Central Petroleum Limited ( (AU:CTP) ).
Central Petroleum Limited has disclosed a change in the interests of Managing Director Leon Goss Devaney, who has been granted 6,120,198 additional CTPAA share rights at no cost, taking his holding to 19,272,752 CTPAA share rights alongside 8,050,721 ordinary shares. The new share rights were issued under the company’s Employee Rights Plan and FY2026 Long Term Incentive Plan, previously approved by shareholders at the 2025 annual general meeting, underscoring the company’s ongoing use of equity-based incentives to align executive remuneration with long-term shareholder value and corporate performance.
The most recent analyst rating on (AU:CTP) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Central Petroleum Limited stock, see the AU:CTP Stock Forecast page.
More about Central Petroleum Limited
Central Petroleum Limited is an Australian-listed energy company focused on exploration, production and development of onshore oil and gas assets. The company operates primarily in Australia’s interior basins and targets both conventional and unconventional hydrocarbon resources to supply domestic energy markets and industrial customers.
Average Trading Volume: 421,545
Technical Sentiment Signal: Sell
Current Market Cap: A$47.42M
For an in-depth examination of CTP stock, go to TipRanks’ Overview page.