If the prices remain high as many of us here do, it will should be much higher.
The dividend is fully franked as well which is a nice bonus for Aussie investors.
This stock remains so undervalued.
The major shale oil producers in the U.S have committed to focus on returning capital to shareholders and paying down debt rather than go on another production spree.
OPEC members are stilling struggling to meet their own production targets.
Russia is likely to have a stack of sanctions imposed on it.
Travel is opening up again, everything is pointing towards higher sustained prices for the short-medium term.
Maybe the U.S can do a deal with Iran to allow them to start exporting more oil again, I don't know that seems to be the only black swan on the horizon, but even then, there is just too much tailwinds behind oil and gas at the moment.
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Last
$24.09 |
Change
0.090(0.38%) |
Mkt cap ! $45.60B |
Open | High | Low | Value | Volume |
$23.98 | $24.17 | $23.93 | $23.61M | 982.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 2353 | $24.09 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$24.10 | 940 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 613 | 24.110 |
11 | 3036 | 24.100 |
12 | 4404 | 24.090 |
8 | 1824 | 24.080 |
9 | 3897 | 24.070 |
Price($) | Vol. | No. |
---|---|---|
24.120 | 1101 | 11 |
24.130 | 2927 | 9 |
24.140 | 3082 | 7 |
24.150 | 3230 | 11 |
24.160 | 3603 | 10 |
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