STO's gas is sold in long term oil linked contracts (low gas price is someone else's problem). That's a risk though, that the contracts can be broken.
I have taken into account the lack of spending of the majors, I think it means less oil in the medium-long term.
$50-60 New Normal or U.S Shale Bubble?, page-4
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Last
$6.79 |
Change
0.070(1.04%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.72 | $6.83 | $6.71 | $17.68M | 2.611M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 51083 | $6.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.79 | 41261 | 39 |
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| Last trade - 14.20pm 18/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
