Not one oil company will survive a prolonged sub 30 dollars a barrel. STO would be the first to fall though. The Russians and Arabs would not survive maybe a few more years than most oil companies.
Pnewby. Wouldn't smaller shalers just get swallowed up by the big guys like ExxonMobil. Though maybe BHP 's foray into shale in the US would beg to differ.
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Last
$7.81 |
Change
0.140(1.83%) |
Mkt cap ! $25.36B | |||
| Open | High | Low | Value | Volume |
| $7.80 | $7.82 | $7.76 | $53.77M | 6.831M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 43486 | $7.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.81 | 39967 | 2 |
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| STO (ASX) Chart |