Price of oil will make many shale oil operators pack their pants as their break even prices are assumed to be round these levels. Expect this could be a net net positive for natural gas prices as less gas is produced as a by product of shale oil operations (nothing the co has ~50% of its reserves in gas and generating 40% income through gas and NGLs at the moment).
good time to be sitting on a cash pile and earning and adding to that USD balance one would think.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.18M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $10.05K | 2.016M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 51 | 26294158 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 18005429 | 10 |
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| Last trade - 12.11pm 18/06/2025 (20 minute delay) ? |
| OEL (ASX) Chart |