Petroleum was less than 15% of revenue in FY19. Crude has gone down in price, IO up. So petroleum revenue % will be even less for FY20. Lower average crude prices in FY20 shouldn't make a material difference to the overall picture, especially as IO margins are so high. I think BHP will surprise to the upside when results are released, and frankly I'm surprised it hasn't already hit the pre-COVID highs of approx $41.
- Forums
- ASX - By Stock
- BHP $38.20 breakout - Target $40.30
Petroleum was less than 15% of revenue in FY19. Crude has gone...
-
-
- There are more pages in this discussion • 2 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 BHP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$39.73 |
Change
-0.280(0.70%) |
Mkt cap ! $201.4B |
Open | High | Low | Value | Volume |
$39.90 | $40.05 | $39.61 | $245.1M | 6.156M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3989 | $39.71 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$39.75 | 8637 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3989 | 39.710 |
7 | 2270 | 39.700 |
2 | 1050 | 39.680 |
4 | 1276 | 39.670 |
1 | 25 | 39.660 |
Price($) | Vol. | No. |
---|---|---|
39.750 | 8637 | 2 |
39.760 | 2900 | 2 |
39.770 | 2100 | 2 |
39.780 | 550 | 1 |
39.790 | 8971 | 1 |
Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
Featured News
BHP (ASX) Chart |