The
Senex Energy Ltd(ASX: SXY) share price is surging this week as gas prices continue to rise both nationally and internationally, partly brought on by cooler than average temperatures throughout the biggest gas consuming economies.
The Senex share price is up 3.1% today, trading at $3.29 per share at the time of writing
Senex is an Australian oil and gas exploration and production company. The company’s geographical segment includes the Surat Basin and Cooper/Eromanga Basins.
It generates most of its revenue from the Cooper/Eromanga Basins segment, which is located mainly in the northeast part of South Australia and extending into southwest Queensland. The company earns its key revenue through oil sales, gas and gas liquids sales.