Thanks, Investor,
The definition does not sound professional to me. Is it from the CEO or CFO?
Q4 2015 breakeven price = 47; Q4 2016 breakeven price = 38;
Then average breakeven price for 2016 = (47+38)/2 = 42.5
Annual production = 61 M
Y16 realised price = 46.4
So, annual profit = 61 x (46.4 - 42.5) = 238 M, which is close to the 200M estimate by V_H (?) in another thread.
Breakeven Price - $38 Brent, page-7
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$6.79 |
Change
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Mkt cap ! $22.05B | |||
| Open | High | Low | Value | Volume |
| $6.82 | $6.84 | $6.75 | $39.49M | 5.822M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 98628 | $6.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.79 | 4571 | 1 |
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