STU
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0.00% 94.0¢ stuart petroleum limited

I am new to oil company investing.Can someone explain how the...

  1. elsilverado2004
    68 Posts.
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    21/07/04
    13:22
    Post #: 521459
    I am new to oil company investing.Can someone explain how the hedging programme will affect profits for 2005.
    The qutr report forecasts 540000+ barrels for 2005 and STU have hedged 45000 barrels per month at A40.31.
    Does this effectively put a price cap of A40.31 on the sales up to 45000brls/mth.
    If this is the case,the stock to me looks fairly priced around 70/75 cents on 2005 forecast production of 540000 barrels.
    STU Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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