A very good article.I liked this extract:
'Exploration is one way to rebuild inventory. Buying a company is speedier. As they become more efficient, the enterprise value of larger E&P companies is higher as a multiple of earnings compared to smaller peers, giving them currency to pursue stock-based takeovers to acquire acreage'Bigger oil looks set to have its day in US shale
https://amp.ft.com/content/979d9f12-267a-11ea-9a4f-963f0ec7e134?__twitter_impression=true
Keep well cheers Paul
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Last
45.0¢ |
Change
0.008(1.69%) |
Mkt cap ! $42.95M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 45.0¢ | 43.5¢ | $58.67K | 132.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8000 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 59779 | 1 |
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| Last trade - 15.50pm 07/11/2024 (20 minute delay) ? |
| BRK (ASX) Chart |