I'm trying to come up with some sort of updated valuation based on FY21 guidance.
It mentions 3.4 million barrels of oil to be produced at a $30 per barrel profit, does this means annual profit may be between $900m to $1bil?
what p/e is appropriate? and an appropriate market cap?
brent oil passes 70USD, page-3
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$1.79 |
Change
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Mkt cap ! $1.429B | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.80 | $1.76 | $1.901M | 1.067M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 75498 | $1.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 17836 | 9 |
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