Petroleum was less than 15% of revenue in FY19. Crude has gone down in price, IO up. So petroleum revenue % will be even less for FY20. Lower average crude prices in FY20 shouldn't make a material difference to the overall picture, especially as IO margins are so high. I think BHP will surprise to the upside when results are released, and frankly I'm surprised it hasn't already hit the pre-COVID highs of approx $41.
BHP $38.20 breakout - Target $40.30, page-9
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BHP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$40.24 |
Change
0.510(1.28%) |
Mkt cap ! $203.9B | |||
| Open | High | Low | Value | Volume |
| $40.21 | $40.33 | $40.11 | $56.51M | 1.405M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 2358 | $40.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.24 | 1285 | 5 |
View Market Depth
| Last trade - 11.12am 20/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |