The news from OSH about PNG-LNG today also helped.
STO has a very significant pipeline of LNG for a company of its size. With the register opening up, STO may once again look like a nice little plugin for a major under-represented in the LNG space.
Either way, bias is to the upside imo.
$20 target in 12 - 18months seems very reasonable, that is a 50% return, from here on a blue-chip.
Already 1.5% there!
Increase oil price assumption by 5%, and STO will be $18 this year.
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