ETR 0.00% 0.7¢ entyr limited

Definition of 'Netback'A summary of all the costs associated...

  1. 937 Posts.

    Definition of 'Netback'
    A summary of all the costs associated with bringing one unit of oil to the marketplace, and all of the revenues from the sale of all the products generated from that same unit. The netback is calculated by taking all of the revenues from the oil, less all costs associated with getting the oil to a market. These costs can include, but are not limited to, importing, transportation, production and refining costs, and royalty fees.

    as quoted by INVESTOPEDIA
 
watchlist Created with Sketch. Add ETR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.