So WDS operating revenue was down 17%, compare that to STO of 24%
STO underlying profit down 42% compared to WDS of 37% (stripping out one off items)
We've just gone through an inflationary period, with lower oil prices - $67 per barrel.
We should be seeing a materially higher price for oil in the next 12 months.
I'm indifferent to what could or could not happen in the US.
The middle east will be the catalyst for the price of oil - the outlook there is not great to say the least.
Personally I don't see this as bad result. How the market sees it could be very different.
So WDS operating revenue was down 17%, compare that to STO of...
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Last
$27.71 |
Change
-0.220(0.79%) |
Mkt cap ! $52.61B | |||
| Open | High | Low | Value | Volume |
| $27.99 | $28.09 | $27.67 | $84.14M | 3.029M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 49459 | $27.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.72 | 18012 | 3 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
$27.71 |
Change
-0.220 ( 0.99 %) |
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| Open | High | Low | Volume | ||
| $27.99 | $28.10 | $27.68 | 1190485 | ||
| Last updated 15.59pm 27/05/2024 ? | |||||
| WDS (ASX) Chart |