I'm trying to come up with some sort of updated valuation based on FY21 guidance.
It mentions 3.4 million barrels of oil to be produced at a $30 per barrel profit, does this means annual profit may be between $900m to $1bil?
what p/e is appropriate? and an appropriate market cap?
brent oil passes 70USD, page-3
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Last
$1.70 |
Change
-0.015(0.88%) |
Mkt cap ! $1.358B | |||
| Open | High | Low | Value | Volume |
| $1.73 | $1.74 | $1.70 | $4.480M | 2.619M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 51674 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 3733 | 1 |
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| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$1.70 |
Change
-0.015 ( 0.51 %) |
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| Open | High | Low | Volume | ||
| $1.73 | $1.73 | $1.70 | 1786070 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| KAR (ASX) Chart |