STO 0.45% $6.72 santos limited

lng pricing current, page-9

  1. 317 Posts.
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    Your looking at current knowns. Market looks forwards and rewards you for picking up on what rest of the market doesn't. 

    Quadrant acquisition gives STO another area of growth. STO needs to move away from Cooper Basin. Growth rewards with a higher share price. 

    Current POO and STO sp are oversold. 

    Both below lower bollinger band so they'll pull up. 

    Check out XEJ (energy index chart on a 5 to 10 year, still trending up).

    Low oil price good for rest of economy then it kicks up so oil goes up with it. 

    Santos of today is much better shape than a few years ago. Less debt, better managed and are a cash printing machine at higher prices.  Breakeven down at 30 dollar mark and we have hedging. 

    So thanks for reinforcing what the pay per click spruiky media are saying but try a little lookahead and business evaluation.  The business is solid.



 
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Last
$6.72
Change
0.030(0.45%)
Mkt cap ! $23.02B
Open High Low Value Volume
$6.74 $6.77 $6.72 $43.42M 6.449M

Buyers (Bids)

No. Vol. Price($)
6 104139 $6.72
 

Sellers (Offers)

Price($) Vol. No.
$6.73 10465 2
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
STO (ASX) Chart
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