Beach Energy shares tank after major oil reserves downgrade

The share price of SA oil and gas producer Beach Energy plunged almost 25 per cent in the first hour of ASX trade this morning, after the company announced an 18.4 million barrels of oil downgrade to its reserves in the north-east of the state.

Santos in $785m share selloff

A Chinese energy company has offloaded more than $785 million worth of Santos shares but says it remains committed to the South Australian oil and gas giant and plans to remain its largest individual shareholder.

SA share prices up in rollercoaster year on the ASX

The share prices of South Australia’s largest 10 publicly listed companies have risen by an average of 25 per cent in 2020 to outperform the market in a tumultuous year for stocks globally.

Clock ticking on unclaimed treasure languishing in Adelaide vaults

Three prominent SA companies are eager to give away tens of thousands of dollars before it’s handed over to the State Government. A long list of people owed the money has just been published – find out if you’re on it.

World's biggest investment firm buys into Penfolds' owner

Investment giant BlackRock has bought up more than $250 million worth of shares in Australia’s largest wine company in recent weeks.

Mayne Pharma shares rise over US deal

Mayne Pharma shares have soared 19 per cent to a near five-month high, after the Adelaide-based pharmaceutical company inked an exclusive long-term deal to sell a new contraceptive drug in the United States.