look at the 4th quarter results from the majors who were going to show independent shale companies how to make money... XOM barely increased output from last quarter and spent a whole bunch of money simply to maintain output - legacy decline will kill shale this year as companies will struggle to maintain production within cashflow let alone grow at these prices ....
an interesting analysis, page-2
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $57.29K | 4.787M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 549479 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 15958763 | 19 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| OEL (ASX) Chart |