Alex Hamer

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

The macroeconomic environment looks to have turned against top dividend payers BP and Shell, raising questions about their new strategies Published on June 12, 2025The energy industry is no stranger to wild swings in sentiment, but the latest shift is particularly striking. From promoting its renewables investments just a few years ago, the sector is now talking up buying oil and gas for decades or more.

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

The headline figures in Pennon’s (PNN) full-year results – revenue up 15 per cent to £1.05bn and a pre-tax loss of £73mn – don’t capture the full picture as the company, which owns South West Water, is shifting to a new regulatory period and has been hit by exceptional costs of £38mn. This last figure includes £21mn relating to the outbreak of a parasite in the drinking water supplied to Brixham in Devon, as flagged in the company’s half-year results.

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

Anglo American adds a secondary listing as part of the mining group’s restructuringPublished on June 3, 2025London has a new major mining company this week as Anglo American (AAL) demerges Valterra Platinum (VALT), and the secondary listing arrives amid early signs of a recovery for the precious metal price. A market value of £8bn makes Valterra one of London’s largest pure-play mining companies, just behind Fresnillo (FRES) and Antofagasta (ANTO).

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

The African producer is in a temporary fallow period, but the share price has fallen too farPublished on May 22, 2025Despite reduced interest from generalist buyers and a lack of new listings, the London market does still have a competitive junior energy sector.  This is helped by companies from the US and Canada picking London as a complementary listing to their New York or Toronto presence. The whittling down of the sector has also served to cut away some of the poorest performers.

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

Jakob Stausholm will leave Rio Tinto (RIO) once a successor is found, the company has said in a surprise announcement. The chief executive has run Rio, one of the world’s largest mining companies, since 2021. He was promoted from chief financial officer after Jean-Sébastien Jacques stood down following the Juukan Gorge destruction.