BROG - Brooge Energy Limited

NasdaqGS - NasdaqGS Delayed Price. Currency in USD
8.93
+1.14 (+14.71%)
At close: 3:59PM EDT
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Chart Events
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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close7.78
Open7.79
Bid8.01 x 1000
Ask8.93 x 1400
Day's Range7.79 - 9.42
52 Week Range7.36 - 13.98
Volume10,716
Avg. Volume23,701
Market Cap978.61M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-0.95
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • GlobeNewswire

    Brooge Energy Reports Record Revenue of $44 million for Fiscal Year 2019, an Increase of 23% Year-Over-Year

    NEW YORK, June 30, 2020 --  Brooge Energy Limited (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a midstream oil storage and service provider strategically located outside.

  • GlobeNewswire

    Brooge Energy Ltd to Host Fiscal 2019 Earnings Call on July 7, 2020

    Brooge Energy Limited (“Brooge Energy” or the “Company”) (BROG), a midstream oil storage and service provider strategically located outside the Strait of Hormuz, adjacent to the Port of Fujairah in the United Arab Emirates (“UAE”) through its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), announced today it has filed a Form 12b-25, a Notification of Late Filing, with the Securities and Exchange Commission in order to extend the due date of its Annual Report on Form 20-F for the period ended December 31, 2019 for fifteen calendar days, as permitted by Rule 12b-25 under the Securities Exchange Act. The Company currently expects that it will file the Annual Report on or before June 30, 2020, the expiration date of the fifteen calendar day extension period.

  • Brooge Energy Limited (BROG): Hedge Funds Getting Bullish
    Insider Monkey

    Brooge Energy Limited (BROG): Hedge Funds Getting Bullish

    In this article we will take a look at whether hedge funds think Brooge Energy Limited (NASDAQ:BROG) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips […]

  • GlobeNewswire

    Brooge Energy LTD Signs Offtake Agreement with Super Major Oil Company

    Brooge Energy Limited (“Brooge Energy” or the “Company”) (BROG), a midstream oil storage and service provider strategically located outside the Strait of Hormuz, adjacent to the Port of Fujairah in the United Arab Emirates (“UAE”) through its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), announced today it has signed an offtake contract with an oil trading company which is one of the “Super major” oil companies in the world, to provide oil storage in Phase I for an initial six month period commencing on 28th April 2020. The contract is renewable for another six months subject to agreement from both parties.

  • GlobeNewswire

    Brooge Energy Ltd Postpones Filing of 2019 Annual Report

    Brooge Energy Limited (“Brooge Energy” or the “Company”) (BROG), a midstream oil storage and service provider strategically located outside the Strait of Hormuz, adjacent to the Port of Fujairah in the United Arab Emirates (“UAE”) through its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), announced today it has filed a Form 6-K with the Securities and Exchange Commission for an automatic 45-day extension to file its Annual Report on Form 20-F for the year ended December 31, 2019 as granted by the Securities and Exchange Commission amidst the current global pandemic. The Company anticipates filing the Annual Report with the SEC on or before the new deadline of June 15, 2020.

  • GlobeNewswire

    Brooge Energy Appoints Syed Masood Ali as Acting Chief Financial Officer

    Brooge Energy Limited (“Brooge Energy” or the “Company”) (BROG), a midstream oil storage and service provider strategically located outside the Strait of Hormuz, adjacent to the Port of Fujairah in the United Arab Emirates (“UAE”) through its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), announced today the appointment of Syed Masood Ali as Chief Financial Officer. Saleh Yammout, former CFO, is to continue working with the Company as a board member.

  • GlobeNewswire

    BROOGE ENERGY LTD ANNOUNCES TECHNICAL STUDIES FOR REFINERY AND PHASE III OIL STORAGE TERMINALS

    Technical Advisor in FEED Study, MUC, was the firm that designed the Phase I and II facilitiesUpon completion of Phase III, Brooge Energy may reach up to 4,500,000 m3 of storage.

  • GlobeNewswire

    Brooge Energy Ltd CEO Provides Update on Operations and Company Vision in Open Letter to Shareholders

    Brooge Energy Limited (“Brooge Energy” or the “Company”) (BROG), a midstream oil storage and service provider strategically located outside the Strait of Hormuz, adjacent to the Port of Fujairah in the United Arab Emirates (“UAE”) through its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), today issued a letter to its shareholders from its Chief Executive Officer, Nicolaas L. Paardenkooper. 2020 is set to be a significant year for Brooge Energy as we expect to increase our storage capacity, accelerate revenue growth and further entrench our position as a leading oil storage provider in the Port of Fujairah, UAE, one of the largest global oil export hubs.

  • GlobeNewswire

    BROOGE HOLDINGS ANNOUNCES SHAREHOLDER APPROVAL TO CHANGE NAME TO BROOGE ENERGY LIMITED

    NEW YORK, April 07, 2020 -- Brooge Holdings Limited (NASDAQ: BROG) ("Brooge"), a midstream oil storage and service provider strategically located outside the Strait of Hormuz,.

  • GlobeNewswire

    BROOGE HOLDINGS ANNOUNCES CHANGE OF LOCATION AND TIME OF EXTRAORDINARY GENERAL MEETING TO CHANGE NAME

    Shareholders are directed to the instructions available in both the Notice of Extraordinary General Meeting and the Notice of Adjournment of Extraordinary General Meeting on how to attend the Meeting and vote their shares, either in person or by telephone. Brooge Holdings Limited is an exempted company incorporated under the laws of the Cayman Islands.

  • GlobeNewswire

    BROOGE HOLDINGS PROVIDES UPDATE ON OPERATIONS DURING COVID-19 AND COMMODITY PRICE VOLATILITY

    Brooge Holdings Limited (“Brooge Holdings” or the “Company”) (BROG), a midstream oil storage and service provider strategically located outside the Strait of Hormuz, adjacent to the Port of Fujairah in the United Arab Emirates (“UAE”) through its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), announced today that the Company’s business and operations are continuing largely uninterrupted by the coronavirus (COVID-19) outbreak and commodity price volatility at this time. The Company’s high-tech terminal with automatic solutions enables it to safely operate the facility with a limited number of staff.

  • Why Brooge Holdings Limited’s (NASDAQ:BROG) Return On Capital Employed Is Impressive
    Simply Wall St.

    Why Brooge Holdings Limited’s (NASDAQ:BROG) Return On Capital Employed Is Impressive

    Today we'll look at Brooge Holdings Limited (NASDAQ:BROG) and reflect on its potential as an investment. Specifically...

  • GlobeNewswire

    BPGIC and FOIZ Have a Prestigious Signing Ceremony for BPGIC’s New Land Lease at London IP Week

    Brooge Holdings Limited (“Brooge Holdings”) (BROG) and its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), a Fujairah Free Zone Entity in the oil storage and services business announced today that BPGIC had a prestigious signing ceremony in London during the International Petroleum week with Fujairah Oil Industrial Zone (“FOIZ”) to mark the signing of their previously announced land lease agreement. The prime plot of land is strategically located having a direct access to the sea and the Port’s main road, with a total area of approximately 450,000 m2 on which BPGIC plans to develop its Phase III facility. BPGIC intends to use the land to further increase its capacity for storage and refinery services by developing additional storage and refining capacity using the same award-winning technology, technical features and tank diversification as used in Phase I and Phase II. BPGIC’s initial studies indicate that the land could house up to approximately 3.5 million m3 of storage tanks and, potentially, a refinery with a capacity of up to 180,000 bbl per day.

  • GlobeNewswire

    BPGIC Signs a New Refinery Agreement

    NEW YORK, Feb. 24, 2020 -- Brooge Holdings Limited (“Brooge Holdings”) (NASDAQ: BROG) and its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”),.

  • GlobeNewswire

    BPGIC And Sahara Energy Announce Their Mutual Agreement To Discontinue Their Joint Development Project to Install a Modular Refinery at BPGIC’s Terminal

    Brooge Holdings Limited (“Brooge Holdings”) (BROG) and its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), a Fujairah Free Zone Entity in the oil storage and services business announced today that BPGIC and Sahara Energy Resources DMCC (“Sahara”) have mutually agreed to discontinue their joint development project that would have resulted in Sahara’s installation of a modular refinery at BPGIC’s terminal. After conducting several technical studies over the past few months, BPGIC and Sahara decided to discontinue their joint development project due to their differing perspectives and visions for the refinery.

  • GlobeNewswire

    BROOGE HOLDINGS ANNOUNCES NOTIFICATION OF ADDITIONAL END USERS AND INTEREST OF CURRENT CUSTOMER IN PHASE III OFFTAKE

    Brooge Holdings Limited (“Brooge Holdings”) (BROG) and its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), a Fujairah Free Zone Entity in the oil storage and services business announced today that BPGIC received notification from its Phase I offtake customer, Al Brooge International Advisory LLC (“BIA”), that strong demand for oil storage and product handling in the port of Fujairah resulted in a number of attractive oil storage and product handling requests from new international end users that, after completing proper due diligence, BIA accepted. As a result, BIA began providing oil storage and handling services in prior periods to a broader base of end users and established a successful track record with the same.

  • GlobeNewswire

    BROOGE HOLDINGS ANNOUNCES INTENTION TO CHANGE NAME TO BROOGE ENERGY LIMITED

    NEW YORK, Feb. 14, 2020 -- Brooge Holdings Limited (NASDAQ: BROG) ("Brooge Holdings") today announced its intention to change its name to Brooge Energy Limited. The change will.

  • GlobeNewswire

    BPGIC Signs a New Land Lease Agreement with Fujairah Oil Industrial Zone Nearly Tripling Its Land Area in Fujairah in a Firm Step Forward towards its Major Expansion Plans

    Brooge Holdings Limited (“Brooge Holdings”) (BROG) and its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), a Fujairah Free Zone Entity in the oil storage and services business announced today that BPGIC signed a land lease agreement with Fujairah Oil Industrial Zone (FOIZ) for a strategically located and prime plot of land with a total area of approximately 450,000 m2 on which BPGIC plans to develop its Phase III facility. BPGIC expects that Phase III alone could add storage and services capacity of up to three and half (3.5) times the size of BPGIC’s projected operations post-Phase II, which will be 1 million m3.

  • GlobeNewswire

    Twelve Seas and Brooge Holdings Announce Consummation of Business Combination

    Twelve Seas Investment Company (“Twelve Seas”) (BROG), a company formed for the purpose of entering into a business combination, and Brooge Holdings Limited, a Cayman Islands exempted company (“Brooge Holdings”), announced today that they have consummated their previously announced business combination, pursuant to a business combination agreement, dated April 15, 2019 (as amended, the “Business Combination Agreement”) among Twelve Seas, Brooge Holdings and Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), a United Arab Emirates (“UAE”) company in the oil storage and services business, and the other parties thereto. Pursuant to the Business Combination Agreement, each outstanding ordinary share of Twelve Seas has been exchanged for one (1) ordinary share of Brooge Holdings, each outstanding warrant of Twelve Seas has been exchanged for one warrant of Brooge Holdings, each outstanding right of Twelve Seas has been converted into one-tenth of an ordinary share of Brooge Holdings, rounded down to the nearest whole share, and each outstanding unit of Twelve Seas has been broken into its component parts and then exchanged for one (1) ordinary share of Brooge Holdings, one (1) warrant of Brooge Holdings and one-tenth of an ordinary share of Brooge Holdings.

  • GlobeNewswire

    Twelve Seas and Brooge Holdings Announce Shareholder Approval of Business Combination

    NEW YORK, Dec. 19, 2019 -- Twelve Seas Investment Company (“Twelve Seas”) (NASDAQ: BROG), a company formed for the purpose of entering into a business combination, and Brooge.

  • GlobeNewswire

    Twelve Seas Announces Adjournment of Extraordinary General Meeting to December 19, 2019, Extending the Time for Shareholders to Reverse Redemption Requests

    The Extraordinary General Meeting was adjourned as provided for in the definitive proxy statement relating to the Extraordinary General Meeting filed with the U.S. Securities and Exchange Commission (the “SEC”) on November 25, 2019 and mailed to shareholders on November 26, 2019.

  • Is Twelve Seas Investment Company (BROG) A Good Stock To Buy?
    Insider Monkey

    Is Twelve Seas Investment Company (BROG) A Good Stock To Buy?

    It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]

  • GlobeNewswire

    Twelve Seas and Brooge Holdings Announce Irrevocable Waiver of Net Cash Closing Condition

    NEW YORK, Dec. 10, 2019 -- Twelve Seas Investment Company (“Twelve Seas”) (NASDAQ: BROG), a company formed for the purpose of entering into a business combination, and Brooge.

  • GlobeNewswire

    Brooge Holdings Limited Announces Intent to Pay Quarterly Dividend

    Twelve Seas Investment Company (“Twelve Seas”) (BROG), a company formed for the purpose of entering into a business combination, and Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), a United Arab Emirates (“UAE”) company in the oil storage and services business, announced that Brooge Holdings Limited (“Brooge Holdings”) intends to pay a $0.25 per share quarterly dividend to its public shareholders following the consummation of the business combination. Following up on Twelve Seas’ press release dated November 15, 2019 regarding the exploration of a potential quarterly dividend by Brooge Holdings, and based on discussions with certain investors, Brooge Holdings has informed Twelve Seas that it intends to pay a $0.25 quarterly dividend to its public shareholders following the consummation of the business combination, with the first dividend to be paid in the first quarter of 2020.

  • GlobeNewswire

    Twelve Seas Investment Company Announces Filing of Amended Proxy Statement Relating to Previously Announced Business Combination with Brooge Petroleum And Gas Investment Company FZE

    Twelve Seas Investment Company (“Twelve Seas”) (BROG), a company formed for the purpose of entering into a business combination, and Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), a United Arab Emirates (“UAE”) company in the oil storage and services business, announced that Brooge Holdings Limited (“Brooge Holdings”) has filed today with the U.S. Securities and Exchange Commission (the “SEC”), an amended Registration Statement on Form F-4 (the “Registration Statement”) and an amended proxy statement related to their previously announced business combination. Brooge Holdings has informed Twelve Seas that it intends to engage in discussions with certain investors and potential investors of Twelve Seas, regarding Brooge Holdings paying a quarterly dividend to its public shareholders following the consummation of the business combination.