WDS woodside energy group ltd

Ann: Third Quarter 2020 Report, page-8

  1. 3,690 Posts.
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    This all fits in nicely the long term- at this stage of the cycle- narrative.

    All else being equal, if WPL has increased sales, and if sales overall have decreased, then its higher cost competitors must on average have had decreased sales. This then would be tending towards the inexorable demise of many high cost competitors- the catalyst for eventual gas/oil shortages and price rises.

    And no, I am not selling WPL but thank you for asking.

    IMHO DYOR
 
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