The "Gross profit margin per BOE" table here at page 17, http://rocoil.com.au/Investor--Media-Centre/Reports/Online-Reports/2.-Operational-review.pdf, highlights very well how also a good junior oil company like ROC was would be in deep troubles at current oil prices. I think, Ptolemic, you may agree with me about the fact that, alongside a crucial hedging strategy, HZN has also got two damn good producing oil fields such Beibu (27%) and Maari (10%) in its portfolio....
Low oil price good for HZN?, page-11
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Last
20.0¢ |
Change
0.005(2.56%) |
Mkt cap ! $324.6M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.0¢ | $153.0K | 776.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 844102 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 338790 | 10 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| HZN (ASX) Chart |