I understand company valuation. At $70 U.S. Brent Crude STO...

I understand company valuation.
At $70 U.S. Brent Crude STO would by my estimate be making around 1 billion U.S. in Net Profit After Tax (NPAT).
"If the spot stayed the same for the next 5 years" sure that's a hypothetical argument that makes STO worthless.
But unless you consider the probability of it occuring also totally meaningless. I could equally argue a ridiculous value for STO based on $100 oil over the next 5 years.
Most probably over the long run oil will rise to the cost of production, that's fundamental economics when demand outstrips supply in a rapidly depleting commodity.
You certainly did trivialize the understatement of breakeven- it's on the record here for all to see.
I am certainly not dense my good (person) name calling doesn't add to your arguments. It's just I have heard them all before of course. These arguments are the reason people sold me more STO today at $4.3 per share. I was happy to take the trade knowing without question that they are the fools in this particular transaction.