They are going to replace the strategic reserves at $80 so that puts a floor under the oil price for quite some time at a price that will enable WPL to issue dividends at >10% yield for 3 years and probably fund all capital requirements from cash flow. Downside is >3 years away on how fast EV's kick in, but there are significant issues with miners being able to produce the required amounts of Li, Ni, Co, and Cu for these cars. If you buy a diversified miner that has these minerals and WPL then you will have covered all options.
Woodside Outlook, page-24
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WDS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$26.94 |
Change
0.070(0.26%) |
Mkt cap ! $51.15B | |||
| Open | High | Low | Value | Volume |
| $27.06 | $27.17 | $26.93 | $118.0M | 4.361M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | $26.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.96 | 1647 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| WDS (ASX) Chart |