The Quarterly Report was in line with expectations.
While Oil Production was 2.85MMbbls, Oil Sales were 2.50MMbbls.
While Oil Sales were 2.50MMbbls, two of the cargoes sold were from the previous quarter, which contributed to the overall lower PoO achieved and reported for the Sept23 quarter.
To my view, this reconciles my Cash expectation of US$214m with the reported US$182m.
I expect the SP to proceed on a graduated rise to upwards of $3.20 before Xmas, with a chance of extra sauce provided by M&A/Dividends announcement.
The Brent PoO is over US$90 and the macro setting suggests it will go higher.
AIMO, of course.
- Forums
- ASX - By Stock
- KAR
- Ann: September 2023 Quarterly Report
Ann: September 2023 Quarterly Report, page-7
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.38 |
Change
0.000(0.00%) |
Mkt cap ! $1.075B |
Open | High | Low | Value | Volume |
$1.37 | $1.39 | $1.33 | $11.11M | 8.183M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 35188 | $1.38 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.39 | 56395 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 35188 | 1.380 |
2 | 8999 | 1.375 |
7 | 186388 | 1.370 |
4 | 51018 | 1.365 |
3 | 12448 | 1.360 |
Price($) | Vol. | No. |
---|---|---|
1.385 | 56395 | 7 |
1.390 | 42500 | 4 |
1.395 | 77363 | 2 |
1.400 | 26596 | 4 |
1.405 | 25286 | 2 |
Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
Featured News
KAR (ASX) Chart |