I am not sure STO is undervalued, they operate coal seam gas GLNG which is not cost friendly and they have an higher gear compared to WPL. The narrative in the long term I see for OiL and GAs company is the conversion to gas only and then perhaps ammonia and H2 producer but it is a very long shot. In the mid term I can see some Oil price spike for lake of exploration capex spending etc. when teh post covid world reopen for business
I am not sure STO is undervalued, they operate coal seam gas...
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Last
$8.11 |
Change
0.425(5.53%) |
Mkt cap ! $24.94B | |||
| Open | High | Low | Value | Volume |
| $7.99 | $8.14 | $7.94 | $65.57M | 8.176M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 7839 | $8.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.11 | 20107 | 15 |
View Market Depth
| Last trade - 10.56am 04/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |