I think he's more or less right but not sure about his picks. Anadarko is quite sick compared to STO.
He's probably going to get good returns from here, many of the majors didn't fall enough.
People need to be prepared for the price of oil/STO to go to $30/$2.5 before going to $60 though. It seems unlikely but anything can happen. It wouldn't substantially affect the long term value of the company.
$50-60 New Normal or U.S Shale Bubble?, page-13
-
- There are more pages in this discussion • 799 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.72 |
Change
0.000(0.00%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1375 | $7.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.39 | 2116 | 1 |
View Market Depth
| Last trade - 09.38am 18/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
Day chart unavailable
