Alex Hamer

News Editor and Resources Writer at Investors Chronicle Magazine

Investors’ Chronicle news editor/resources writer in London, writing about shiny stuff. Formerly of @miningonline, @ballaratcourier. Opinions mine, etc.

Articles

Wood Group backs cut-price Sidara offer

1 week ago | investorschronicle.co.uk | Alex Hamer

Energy engineering specialist says £242mn buyout plus $450mn in new loans from Sidara is the best option for shareholders and creditorsPublished on April 14, 2025The board of Wood Group (WG.) has backed a buyout offer from competitor Dar Al-Handasah Consultants Shair and Partners Holdings, known as Sidara, at just a fraction of its previous £1.56bn approach.
Bank a high yield and sales growth with this sleeping giant

2 weeks ago | investorschronicle.co.uk | Alex Hamer

New oil and gas assets in Nigeria promise to send production through the roof – but the risks are high Published on April 10, 2025Investment Risk: HighInvestment Style: IncomeInvestment Timescale: Medium termThe reality of working in bandit territory can be easily breezed over with corporate jargon. Seplat Energy (SEPL) calls theft from its pipelines the “loss factor”.
Banks and US-exposed shares soar on Trump tariff pause

2 weeks ago | investorschronicle.co.uk | Alex Hamer

US President Donald Trump’s reversal of much of his hugely damaging tariffs brought buyers back to the UK market on Thursday morning, sending the FTSE 100 up 6 per cent and the All-Share index up 5 per cent. All imports to the US, barring those from China, will be hit with a 10 per cent tariff in what Trump called a 90-day pause on almost all of the duties announced on 2 April.
Hands Off rally against Trump administration in New York

2 weeks ago | fotos.europapress.es | Alex Hamer

Código: 6628028 Fecha: 05/04/2025 Dimensiones: 2048 x 1365 (1,16 MB.) Lugar: Syracuse - US Fotos del Tema: 7 Pie de Foto: 05 April 2025, US, Syracuse: A protster holds a placard during a "Hands Off" protest against the policies of US President Donald Trump and his advisor, Elon Musk.
Directors’ Deals: Energean boss backs his own growth strategy

2 weeks ago | ft.com | Alex Hamer

Israeli gas producer Energean used to have a unique approach to new investment — it limited prospective new assets to those within three...
BP chair stands down after strategy U-turn

2 weeks ago | investorschronicle.co.uk | Alex Hamer

Helge Lund was under pressure as one of the architects of the energy giant’s green pivotPublished on April 4, 2025BP (BP.) chair Helge Lund will stand down after six years in the job as the energy giant faces an uphill battle to catch up to peers.
Chapel Down’s strategic review fails to deliver as retail sales drop

3 weeks ago | investorschronicle.co.uk | Alex Hamer

The Kent sparkling winemaker’s shares have tumbled since coming to AimPublished on April 3, 2025Last year, when looking at Chapel Down’s (CDGP) 2023 results, we said investors should expect a steady-as-she-goes approach from the company, given the multiyear cycle for growing grapes and turning them into wine.
Experimenting with Web Performance

3 weeks ago | medium.com | Alex Hamer

Alex Hamer·Follow6 min read·--Experimentation is the:process of testing hypotheses by making controlled changes and analysing the outcomes. It’s been an important part of product development of online channels for years. Some form of change is introduced to a sample of your users, key performance indicators are tracked and the results compared. The tests aim to provide a number of benefits, including:Providing the insight required for data driven decisionsDe-risk investments.
Serica Energy knocked by production issues

3 weeks ago | investorschronicle.co.uk | Alex Hamer

Final payout cut from 14p to 10p Sales hampered by repairs on Triton FPSOSerica Energy (SQZ) is in the midst of negotiating a merger with EnQuest (ENQ), moving from Aim to the main market, while also lobbying the government for lower taxes after 2030. Its 2024 results show the underlying business also needs plenty of attention, however. The operating profit dropped by more than half to $186mn (£144mn) due to lower production and reduced gas prices.
Adriatic Metals posts first revenue from new mine

3 weeks ago | investorschronicle.co.uk | Alex Hamer

Shares fall on Q1 production update First sales from Vares mine come in late 2024Building a mine is not easy. Go back a few years and RBC Capital Markets had forecast free cash flow of $220mn (£170mn) for Adriatic Metals (ADT1) in 2024. By last month, the forecast had shifted to negative $96mn. That hopeful free cash flow figure may be familiar to readers with good memories, as we quoted it in a buy idea for Adriatic in January 2023.