Prashant Mehra

1 week ago | capitalbrief.com | Prashant Mehra

The news: Investment manager Challenger has narrowed its full-year profit guidance after mixed third quarter results, sending its shares higher. The numbers: Annuity sales during the March quarter increased by 20% to $1 billion with strong growth in long duration lifetime and Japanese annuities. However, funds under management were down 5% to $115.2 billion, while group assets under management slipped 4% to $125.6 billion.

1 week ago | capitalbrief.com | Prashant Mehra

Skip to content10:28am on 17 April 2025The news: Oil and gas producer Santos has reported a slight increase in production in the first quarter, although sales volumes dipped amid lower third-party purchases. The numbers: Sales revenue for the March quarter was down 8% from the prior quarter to US$1.29 billion ($2.02 billion) amid lower domestic prices, with sales volumes dipping 1% on quarter to 23.3 million barrels of oil equivalent (mboe). However, production was up 2% to 21.9 mboe.

1 week ago | capitalbrief.com | Prashant Mehra

The news: Woodside Energy has signed an agreement with Germany’s Uniper to supply liquefied natural gas (LNG) from its Louisiana project and its global portfolio. The numbers: Under the deal, Australia’s top oil and gas producer will supply Uniper 1.0 million tonnes per annum of LNG from its upcoming Louisiana project in the US and up to 1.0 mtpa from its global portfolio. Louisiana LNG will supply the gas on a free-on-board basis for up to 13 years from the date of its commercial operations.

1 week ago | capitalbrief.com | Prashant Mehra

Skip to content8:55am on 17 April 2025The news: Resources giant BHP has kept its full-year production guidance unchanged after mixed results for third quarter output for its commodities, with iron ore production steady. The numbers: March quarter iron ore output from the Pilbara operations was unchanged from a year ago to 60.1 million tonnes, leaving it on track to produce between 250 and 260 million tonnes for the year to June 2025.

1 week ago | capitalbrief.com | Prashant Mehra

The news: Lithium producer Pilbara Minerals has reported lower production and sales in the March quarter after putting its Ngungaju plant in care and maintenance. The numbers: March quarter spodumene concentrate production was down 34% from the prior quarter to 125,000 tonnes, while sales were down 39% to 125,500 tonnes. Our journalists are working to update this briefing and we will publish more shortly.