Helleniq Energy

– Hello there! What a lovely weekend we just had—bright but chilly with the sun showing its teeth, and thankfully no rain (let’s see how long this lasts in November).

Greetings, so the analyses are flowing not just nationwide, but globally, regarding Trump’s overwhelming victory. In Europe, there was such a commotion that Scholz almost fell by himself just by hearing the news from across the Atlantic. Now, at the top of the rhetoric about the causes of Kamala’s loss, there are several issues, mainly the excessive promotion of the Democrats’ woke agenda.

Greece's Hydrocarbons and Energy Resources Management Company (HEREMA) announced on Thursday the successful completion of the first phase of hydrocarbon surveys by ExxonMobil and HellenIQ Energy southwest of Crete and the consortium's request to begin the second phase, which will determine whether drilling will be carried out.

Investors in the Greek stock market were content with selective moves today (10/7), correcting measuredly after a five-day rally that had yielded gains of +3.14%. The General Index was again below 1,450 points, but did not move far enough away from this psychological threshold.

The chief executive officer of Helleniq Energy, Andreas Shiamishis, referred on Thursday to the imposition of an extraordinary levy on the refineries' excessive profits, saying that its amount is not yet known and that it will not affect the dividend of 2023 but of 2024 and 2025.

ExxonMobil is taking to a more advanced stage of maturity the project of exploring  the Greek concessions for the two areas west and southwest of Crete in its joint venture with Helleniq Energy.

The decision by the Single Supervisory Mechanism (SSM) of the European Central Bank approving the distribution of dividends by Greek banks helped the credit sector outperform at Athinon Avenue on Thursday and carry along the benchmark to a second day of healthy gains. Nevertheless, the majority of stocks and the mid-cap index ended up in the red.

The Greek bourse recovered on Monday from its week of losses to show some healthy gains for the majority of stocks and the benchmark at Athinon Avenue on a day with significantly reduced turnover, the lowest in a week. The question now is whether this rebound can be sustained, as the summer with the biggest corporate dividends in a decade has started.

Thursday gave traders a mixed session at Athinon Avenue, with the majority of stocks and the benchmark narrowly heading lower, while the blue chip index and that of banks moved up, one day after another 13-year high for the main index. The early gains gave way to moderate losses as the benchmark apparently was not yet ready to clear the 1,500-point barrier.