STO 0.36% $7.05 santos limited

Santos value, will oil producers agree to freeze out put?, page-6

  1. 13,234 Posts.
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    ....
    1) ... During last three months Brent Oil Traded below $35/Barrel just 9 Trading days. Santos is Break Even above $32/Barrel at 0.70 AUD.(?).
    ...
    2) Since Jan 1st 2016 till date Oil Average is $37/Barrel which US$5/Barrel above Santos Break Even. First Qtr-2016 will be tough to break even, everybody knows that. (We dont know how many delvery they made during period when oil traded below 35/barrel)
    First Qtr will be tough for everybody, Santos is not alone.
    ...
    3) From 1st March-2016 till date Brent Average is $39.64/Barrel which $7 above Santos Break Even.
    ...
    .... Chill Out and Enjoy the Oil Ride.
 
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