CTX 0.16% $25.21 caltex australia limited

Ann: Unaudited Profit Guidance, Year Ended 31 December 2018, page-3

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  1. 7,719 Posts.
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    Yes - I have bought too FWIW. Convenience store EBIT appears to be above expectations as well, and a lower oil price should support a good start to CY 2019 I suspect in that division.

    A 30% ish fall in AUD oil prices in 2 months is quite a shock, and should very beneficial to Caltex in allowing for high retail margins, and more demand for fuel if the lower prices hang around.

    I'm a bit surprised to see the AUD oil price falling and Caltex falling as well. Usually there is quite a good inverse correlation.
 
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