Great post.
To me this oil price war will result in spectacular price spikes come 2020.
Company after company has cut exploration to the bone.
I invest in companies with proven oil or gas.
Prospective oil and gas companies are not worth a cent in this market.
Why explore when companies with proven reserves are so cheap relative to future values?
SXY, HZN (currently looking at T/O of Repsol PNG),Far and STO looking at PNG proven gas plays
DYOR and have a great family xmas, Santa rally and all.
Great post. To me this oil price war will result in spectacular...
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Last
$7.80 |
Change
0.130(1.69%) |
Mkt cap ! $25.38B | |||
| Open | High | Low | Value | Volume |
| $7.80 | $7.82 | $7.76 | $13.74M | 1.701M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 29435 | $7.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.81 | 22514 | 19 |
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| Last trade - 10.51am 16/08/2024 (20 minute delay) ? |
| STO (ASX) Chart |