Thats the thing. Around 50% of WPL's revenue comes from long term contracted LNG sales which are not related to the daily fluctuations of oil.
A large part of the WPL price is discounting future LNG sales which have already been contracted by company which aren't related to the oil price but from contracts relating to Pluto etc... You buy into WPL for LNG IMO.
roger montgomery valuation, page-36
Add WDS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$23.85 |
Change
-0.170(0.71%) |
Mkt cap ! $45.28B | |||
| Open | High | Low | Value | Volume |
| $23.96 | $24.16 | $23.85 | $104.2M | 4.347M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 6105 | $23.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $23.89 | 27 | 1 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| WDS (ASX) Chart |