Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Horizon Oil Limited ( (AU:HZN) ) has provided an update.
Horizon Oil Limited has announced a gas supply agreement with McArthur River Mining through the Mereenie joint venture, securing 4.9 Petajoules of gas for 2026 and 2027. This agreement ensures a stable revenue stream with firm supply and fixed pricing, while also allowing for the sale of additional volumes, reinforcing Horizon’s position as a dependable energy provider in the region.
More about Horizon Oil Limited
Horizon Oil Limited operates in the energy industry, focusing on the exploration and production of oil and gas. The company is involved in joint ventures and aims to be a reliable energy partner, particularly in the Northern Territory.
Average Trading Volume: 1,192,664
Technical Sentiment Signal: Buy
Current Market Cap: A$333.7M
For a thorough assessment of HZN stock, go to TipRanks’ Stock Analysis page.