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An update from Challenger Energy Group ( (GB:CEG) ) is now available.
Challenger Energy Group PLC announced that its shareholders have approved the disposal of its business operations in Trinidad and Tobago, subject to final approval from Heritage Petroleum Limited. This strategic move is expected to be completed by the end of April 2025, potentially impacting the company’s operational focus and market positioning.
More about Challenger Energy Group
Challenger Energy is an Atlantic-margin focused energy company with a significant presence in Uruguay, holding two offshore exploration licenses and partnering with Chevron on the AREA-OFF 1 block. The company is listed on the AIM market of the London Stock Exchange.
YTD Price Performance: 48.00%
Average Trading Volume: 834,939
Technical Sentiment Signal: Hold
Current Market Cap: £22.73M
See more insights into CEG stock on TipRanks’ Stock Analysis page.