Australia's largest stock trading and investment forum Australia's #1 stock forum

HZN

Click for more information

2.50%

19.5¢ horizon oil limited

Ann: Half-Year Results Presentation, page-15

First 15 Last

Share
Profile

Follow
scottpev

613 Posts.

26

25/02/23

23:01

Post #: 66466876
Share

Originally posted by Autosime ↑

Hi all
A few further thoughts post the half
I we subtract full year prod and sales target from 1st half, we can see this first half HZN will produce and sell over 1 m barrels
We underestimate NZ contribution but with higher premium, the margins are not unlike China especially needing much less ongoing drilling.
Focus is maintaining higher production for longer and that is aimed to be achieved via both water handling and drilling. They are absolutely of maintaining step change in production as high as possible for as long as possible
The upside in W12 -8E is a big plus given end of permit is end of 2030 with potential for expansion

Lastly, it seems Brent refused to fall below 80 and AUD brent below 120 for more than a day or two and i wonder whether we are winding up for a solid bounce in oil over next few weeks leading into Russia cut

In interim, the chances for a 4.5 c divi over next 3 years at least seems very likely

Expand

I assume you mean 4.5cents per year?

HZN Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Failure to report prompts ASX to impose multiple company suspensions

LU7

Strong PFS numbers solidify Lithium Universe's big plans for Québec

IRE

Iress runs 'hot' for Wealth Within's stock tips

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

There are more pages in this discussion • 23 more messages in this thread...

First 15 Last

Add HZN (ASX) to my watchlist

(20min delay)
Last 19.5¢		Change -0.005(2.50%)		Mkt cap ! $316.9M

Open	High	Low	Value	Volume
20.0¢	20.0¢	19.5¢	$360.0K	1.804M

Buyers (Bids)

No.	Vol.	Price($)
22	1708692	19.5¢

Sellers (Offers)

Price($)	Vol.	No.
20.0¢	1031818	11

View Market Depth

No.	Vol.	Price($)
20	1698692	0.195
40	2239844	0.190
46	2340560	0.185
34	1455126	0.180
10	230913	0.175

Price($)	Vol.	No.
0.200	1031818	11
0.205	1273006	18
0.210	1295930	10
0.215	1368168	5
0.220	636919	5

Last trade - 16.10pm 01/10/2024 (20 minute delay)

HZN (ASX) Chart

SPONSORED BY