Home / Sector / Resources Shares / AWE Limited shares bounce off 52-week low

AWE Limited shares bounce off 52-week low

The AWE Limited share price is on the move

Motley Fool Staff
Latest posts by Motley Fool Staff (see all)
Published
a woman

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The AWE Limited (ASX:AWE) share price has jumped 3 cents higher to 46 cents.

Although this is now 15% higher than its 52-week low of 40 cents, the AWE share price has fallen almost 50% over the past 12 months.

According to Google Finance, AWE Limited is an Australia-based energy company, which is focused on upstream oil and gas opportunities.

Earlier this year a research note out of Macquarie revealed that its analysts downgraded AWE Limited from a hold rating to a sell after lowering its oil and gas forecasts for the year.

More on Resources Shares

Miner and company person analysing results of a mining company.
Resources Shares

Buy one, sell the other: Goldman's verdict on these 2 ASX 200 mining shares

| Bronwyn Allen

The broker sees significant valuation differences between these 2 major ASX 200 mining shares.

Read more »

Female miner in hard hat and safety vest on laptop with mining drill in background.
Resources Shares

Lynas share price slides on rare earths revenue headwinds

| Bernd Struben

ASX 200 investors are pressuring the Lynas share price today.

Read more »

Man in yellow hard hat looks through binoculars as man in white hard hat stands behind him and points.
Resources Shares

What stage in the cycle are ASX iron ore shares (and are they a buy)?

| Mitchell Lawler

Are iron ore miners closer to the end or beginning of the boom-bust cycle?

Read more »

A mining worker wearing a white hardhat and a high vis vest stands on a platform overlooking a huge mine, thinking about what comes next.
Resources Shares

Is BHP stock a good long-term investment?

| Tristan Harrison

Here's my view on whether the miner is worth owning for the long-term.

Read more »

Three miners looking at a tablet.
Resources Shares

Own ASX mining shares? Experts say an upswing in commodity prices has begun

| Bronwyn Allen

HSBC economists Paul Bloxham and Jamie Culling explain why global commodity prices are rising.

Read more »

Open copper pipes
Resources Shares

ASX copper stocks in the spotlight as the red metal soars to 2-year highs

| Bernd Struben

The copper price is up 15% in 2024. Can the red metal’s bull run continue?

Read more »

Woman in yellow hard hat and gloves puts both thumbs down
Resources Shares

4 ASX mining shares being hammered on quarterly updates

| James Mickleboro

These mining shares are having a difficult session.

Read more »

Miner looking at a tablet.
Resources Shares

Here is the dividend forecast to 2028 for Fortescue shares

| Tristan Harrison

The potential dividend payments from Fortescue could surprise you.

Read more »