I think they are more leveraged to the oil price now compared to GFC though. From the investor presentation released on 26.11, operating cashflow will double from FY14 levels at a price of US$100/bbl, but that is reduced to a 65% increase at US$90/bbl oil price. That indicates at US$70/bbl their cashflow wouldn't be much better than it is today.
STO vs Oil Price, page-2
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Last
$7.92 |
Change
0.100(1.28%) |
Mkt cap ! $25.72B | |||
| Open | High | Low | Value | Volume |
| $7.90 | $7.99 | $7.86 | $70.91M | 8.945M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 103131 | $7.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.93 | 3783 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |