Here is a link to a Fairfax article that is using Wood Mackenzie (WMc) analysis to draw the conclusion that some LNG facilities in Aust and the US may need to shut down due to prices being lower than operating costs. WMc is indicating that coal prices in Europe and Japan are the key determinants of the LNG price.
http://www.smh.com.au/business/energy/lng-prices-have-further-to-fall-amid-supply-glut-wood-mackenzie-20151030-gkmqhr.html
Implications for WPL? IMO, the following are implications for WPL
a) Browse will not proceed
b) Price could easily breach BB's $26 and stay lower for longer.
HT1
- Forums
- ASX - By Stock
- WDS
- LNG prices under pressure
LNG prices under pressure
-
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WDS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$25.84 |
Change
-0.130(0.50%) |
Mkt cap ! $49.06B |
Open | High | Low | Value | Volume |
$25.77 | $25.84 | $25.64 | $102.6M | 3.973M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 899 | $25.82 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$25.84 | 17599 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 232 | 25.800 |
1 | 968 | 25.780 |
2 | 600 | 25.760 |
11 | 10687 | 25.750 |
2 | 578 | 25.730 |
Price($) | Vol. | No. |
---|---|---|
25.850 | 500 | 1 |
25.890 | 2000 | 2 |
25.900 | 2675 | 4 |
25.970 | 5 | 1 |
25.990 | 200 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
WDS (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online