STO 0.40% $7.61 santos limited

Ann: Santos announces sustainable dividend policy, page-26

  1. 1,182 Posts.
    lightbulb Created with Sketch. 38
    2017 full year FCF was 618m so a range of 10% to 30% gives
    10% - 3c
    20% - 6c
    30% - 9c

    this was based on average oil price of $57.8/b

    they say every $10 increase in oil gives another $250 - 300m FCF

    so lets say average $70 oil

    gives roughly 950m FCF 2018

    10% - 4.5c
    20% - 9c
    30c - 13.6c

    all rough calcs

    anyway the divs will take me years to match the $7 harbor offer if the share price stays around this level the only way i be happy if the share price goes over $7
 
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$7.61
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