Australia's Central Petroleum hits over 10-month high on upbeat sales revenue

Central Petroleum

30/01/2026 01:35

** Shares of Central Petroleum CTP.AX rise 8.7% to A$0.075, their highest level since March 28

** The oil and gas producer reports quarterly sales revenue of A$10.4 million ($7.29 million), up from A$9.4 million last year

** On track for strongest session since July 30

** About 2.3 mln shares change hands, 4.4x the 30-day average of 526,604

** Stock ended up 17% in 2025

($1 = 1.4265 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((Jasmeenaraislam.Shaikh@thomsonreuters.com;))