Research on Star Energy Group PLC (STAR:LON) from Longspur Clean Energy
Star Energy’s full year trading update has seen net production at 1,886 boepd, slightly under full year guidance of c.2,000 boepd, with this level maintained as the production target for 2026. Cash at the period end was £7.6m (excluding restricted cash). This has been a year of cost discipline and operational stabilisation for Star given the volatility in international oil markets, and the business is positioned to maintain production levels at the c.2000 boepd mark into 2026 whilst assessing value accretive acquisitions and continuing to progress their highest potential geothermal projects.


