LONDON -- The FTSE 100
But whatever whispers are driving the FTSE 100 today, there are plenty of shares just going about their business and beating the benchmark index. Let's take a look at three that are recording notable gains.
Falkland Oil and Gas
In other news, the company announced a farm-in agreement with Noble Energy to explore areas to the south and east of the Falkland Islands, with Noble taking a 35% interest and taking over as operator for most of the areas early next year.
Data-center provider Telecity
Revenue climbed 22% to 137 million pounds, with EBITDA up 27% to 62 million pounds and adjusted earnings per share up 36% to 15.8 pence. The firm also announced a maiden interim dividend of 2.5 pence per share, which is modest but marks an important milestone.
Mediterranean Oil & Gas
Supported by earlier good news, today's update now suggests Mediterranean will be able to proceed with a production concession for an oil and gas field in the Central Adriatic after all, though the latest legal moves have not yet been formally published. Today's share price rise has pushed the company's market cap back above 50 million pounds after it had slumped to around half that.
Today's news stories do show the mixed fortunes and unexpected obstacles the oil and gas exploration sector can face. If you want some insights into the industry, the new Motley Fool report "How To Unearth Great Oil & Gas Shares" might be just what you need. It's free, so click here for your personal copy.
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