STX 4.26% 22.5¢ strike energy limited

Ann: Gulf Coast Operations Update , page-26

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  1. 3,935 Posts.
    Income now around $2m per month. Not bad at these low Oil and Gas prices but well down on the good old days. None the less, this is a very useful income and STX will become stronger with careful management.

    STX need to cut costs, slow the drilling to conserve cash and clear all debt and they will be OK.

    Maybe sell Hybrid energy and the coal field to the Chinese for a lazy Billion.


 
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22.5¢
Change
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Mkt cap ! $644.7M
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24.0¢ 24.0¢ 22.3¢ $1.420M 6.185M

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No. Vol. Price($)
2 60 23.5¢
 

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20.0¢ 4700 1
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