STO 2.63% $7.02 santos limited

STO Dividend, page-34

  1. 3,534 Posts.
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    No ftroop. What you have there is the hedging for some of STO's oil production. We were talking about the LNG price that GLNG is selling to Asia. LNG long term contract is linked to oil price while spot LNG is more on short term supply and demand.

    Talk about the coming STO's quarter, my uneducated guess is STO selling for average oil price of 10% higher than previous quarter with similar volume. I expect USD900m revenue. Quite compatible with WPL. Not necessarily that we we make compatible profit nor we have similar reserve/asset as WPL but here is one of the quarter show WPL's weakness: lack of growth in its pipeline. Anyway, look forward to STO's number.
 
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