
Baron Oil Share Price: 0.08p, Name Change & Old Shares
If you’ve been tracking Baron Oil shares and suddenly saw a name change to Sunda Energy, you’re not alone. As of the latest close, the Baron Oil share price stands at 0.08 pence per share, and the company now trades under a new identity. Here’s what you need to know about the transition, your shares, and what lies ahead.
Current share price: 0.08p ·
New name: Sunda Energy ·
Name change date: 5 July 2024 ·
New ticker: SNDA
Quick snapshot
- Current share price: 0.08 pence (Markets.com)
- Name change to Sunda Energy effective 5 July 2024 (Share Talk)
- Ticker changed from BOIL to SNDA (Sunda Energy official website)
- Whether the ticker will remain SNDA long-term
- Exact process to reclaim unclaimed UK dividends
- Future analyst price targets (none publicly available)
- Whether liquidity will improve after the rename
- 21 June 2024: Name change registered with Companies House (Investing.com)
- 5 July 2024: Trading under Sunda Energy begins (Share Talk)
- Company focuses on Timor-Leste gas assets (Morningstar Australia)
- Possible new analyst coverage after rename (Morningstar Australia)
- Share price remains highly volatile with low liquidity (Morningstar Australia)
Five key data points show the transition from Baron Oil to Sunda Energy:
| Fact | Value |
|---|---|
| Current price | 0.08 pence |
| Day change | Data not confirmed |
| Company now called | Sunda Energy |
| Name change date | 5 July 2024 |
| Exchange and ticker | AIM: SNDA (formerly LSE: BOIL) |
What is the share price of Baron Oil today?
Current price and market data
- As of the latest trading session, the Baron Oil share price (now under Sunda Energy) is 0.08 pence per share (Markets.com).
- Volume data and intraday movement can be tracked via the London Stock Exchange’s feed for the SNDA ticker.
The implication: At 0.08p, the stock is trading near its lowest historical range. The name change has not yet triggered a price recovery.
Where to view live share price
- Live quotes are available on financial data sites such as Investing.com (stock listing) and Morningstar Australia (company profile).
- The official Sunda Energy investor relations page also provides updates (Sunda Energy official website).
Investors checking current price on sites like Markets.com will see the same 0.08p figure across platforms. The lack of a price spike after the rename suggests the market has not revalued the stock yet.
What is Baron Oil called now?
Official name change to Sunda Energy
- Baron Oil PLC changed its name to Sunda Energy Plc on 5 July 2024 (Share Talk). The company had announced the registration of the new name with Companies House on 21 June 2024 (Markets.com).
- The company’s ISIN (GB00B01QGH57) and SEDOL (B01QGH5) remain unchanged (Share Talk; Markets.com).
Effective date and reasons behind the rename
- The rename reflects a strategic shift toward Southeast Asian energy assets. According to Morningstar, Sunda Energy is a UK-based independent oil and gas exploration company focused on gas assets in Southeast Asia (Morningstar Australia).
- Trading under the new name and TIDM SNDA commenced at 8:00 AM on 5 July 2024 (Share Talk).
What this means: The corporate identity has officially changed, but the underlying business and share structure remain intact. Shareholders did not need to take any action to convert old Baron Oil shares.
What is the share price target for Baron Oil?
Analyst price targets and ratings
- No consensus analyst target is publicly available for BOIL or SNDA. Financial data platforms do not list a price target from any major research house (Markets.com).
- Analyst coverage is limited due to the company’s small market cap and low trading volume.
Factors influencing future price
- The company’s main asset is a 60% interest in the Timor-Leste TL-SO-19-16 production sharing contract (Investing.com). Success in exploration could drive the stock higher.
- Oil and gas prices, and broader market sentiment toward junior explorers, will also affect the share price.
The trade-off: Without analyst coverage, investors rely on company disclosures and commodity cycle trends. The rename to Sunda Energy may eventually attract more attention from the investment community.
For a stock trading at 0.08p, the absence of a price target means any forecast is highly speculative. The lack of coverage is a risk factor for new investors.
How do I know if my old Baron Oil shares are still valid?
Checking share validity through a broker or registrar
- Old shares remain valid. The company’s ISIN and SEDOL did not change, so holdings in electronic form (CREST) were automatically updated after the name change (Share Talk; Markets.com).
- If you hold physical certificates, contact the company registrar (likely Link Group or Computershare) to verify and update the name on the register.
What to do with physical share certificates
- Determine whether you hold shares electronically (in a brokerage account) or as physical certificates.
- For electronic holdings: no action needed. Your broker will update the company name automatically.
- For physical certificates: contact the company registrar (Link Group or Computershare) to verify your holding.
- Request a replacement certificate in the name “Sunda Energy Plc” if you intend to trade the shares.
The catch: While the shares are valid, low liquidity means selling may take time. Check with your broker for the current bid-ask spread.
What is the Baron Oil share price prediction?
Historical price trends
- Baron Oil’s share price has been highly volatile, ranging from 1p to 3p in prior sessions (Markets.com). The recent price around 0.08p is at the lower end of its historical range.
- Low liquidity and small free float contribute to erratic moves.
Risk factors and market sentiment
- Future performance depends on exploration success at the Chuditch gas field in Timor-Leste, which Sunda Energy operates through a subsidiary (Morningstar Australia).
- No reliable short-term forecast is available; treat any prediction with caution.
The pattern: Junior oil explorers are binary bets—either a successful discovery drives the stock, or a failure pushes it lower. For Sunda Energy, the next key catalyst is drilling results from the Chuditch field.
Timeline of key events
- 21 June 2024: Baron Oil announces name change registration with Companies House (Investing.com).
- 5 July 2024: Trading begins under Sunda Energy Plc and ticker SNDA (Share Talk).
- Future: Exploration updates from the Timor-Leste concession are expected.
Clarity check: what’s confirmed and what’s still unclear
Confirmed facts
- Current share price is 0.08 pence (Markets.com).
- Company name change to Sunda Energy effective 5 July 2024 (Share Talk).
- ISIN GB00B01QGH57 and SEDOL B01QGH5 unchanged (Share Talk).
- Company focuses on Southeast Asian gas assets (Morningstar Australia).
What’s still unclear
- Exact process to reclaim unclaimed dividends from UK companies (no specific guidance for Sunda Energy).
- Whether the ticker will remain SNDA long-term or change again.
- Future analyst price targets.
- Whether liquidity will improve after the rename.
The confirmed facts reassure shareholders, but uncertainties remain around future coverage and dividend recovery.
Quotes from the transition
‘The change of name to Sunda Energy Plc has been registered and a Certificate of Incorporation issued. Trading under the new name will commence at 8:00 AM on 5 July 2024.’
— Baron Oil PLC, regulatory announcement, reported by Markets.com
‘Sunda Energy operates a Production Sharing Contract in Timor-Leste containing the Chuditch gas field through a subsidiary. The group has three geographic reporting segments.’
— Morningstar Australia, company profile (Morningstar Australia)
For current shareholders, the rename to Sunda Energy does not change the underlying investment case. The company remains a high‑risk junior explorer with a share price at 0.08p. The key catalyst ahead is drilling results from the Chuditch field in Timor‑Leste. For investors holding old Baron Oil certificates, the advice is straightforward: contact the registrar to update the name, and understand that liquidity is thin. Shareholders must weigh the risk of low liquidity and no coverage against potential upside from Chuditch drilling.
Investors tracking the name change may also find the Sunda Energy share price analysis useful for understanding post-rebrand valuation.
Frequently asked questions
What is the ticker for Sunda Energy?
The ticker is SNDA on the AIM market of the London Stock Exchange (Share Talk).
Will the share price change automatically after the rename?
The share price did not automatically adjust; it continued to reflect the same underlying value. The price remained around 0.08p after the name change.
How can I buy Baron Oil shares today?
You can buy shares under the new name Sunda Energy via a broker that trades on the AIM market of the LSE. The ticker is SNDA.
What is the difference between Baron Oil and Sunda Energy?
Only the name changed. The legal entity, ISIN, SEDOL, and share structure are all the same. The strategic focus on Southeast Asian gas assets is now reflected in the new name.
Are dividends still being paid on BOIL shares?
No recent dividend payments have been reported. Sunda Energy is a growth‑stage explorer and has not declared dividends.
Can I sell my Baron Oil shares now?
Yes, you can sell via your broker. Note that liquidity is low, so the order may take time to fill.
Does the name change affect my UK tax position?
The rename is not a disposal for capital gains tax purposes. Your acquisition cost remains the same. Consult a tax adviser for specific guidance.