Further, this statement from Mr Gallagher indicating Santos profit margins at $31 price of oil. A good indication what CVN profits will be. Huge profits!
“Mr Gallagher said Santos had reduced its estimate for the oil price at which it will break even this year to about $US31 a barrel, in line with last year, despite higher capital investment in 2019. For every $US10 that the oil price is above that, Santos's annual free cash flow rises by $US300 million-$US350 million.”
Further, this statement from Mr Gallagher indicating Santos...
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Last
16.5¢ |
Change
-0.020(10.8%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.8¢ | 16.0¢ | $3.525M | 20.49M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 441949 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 2048593 | 4 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |