This chart was taken from
https://www.morningstar.com.au/stocks/article/energy-stocks-are-cheap-should-they-be-on-you/209825
We are continually hearing about $100 a barrel oil this year recovering from COVID
https://oilprice.com/Energy/Oil-Prices/How-High-Can-Oil-Really-Go.html
The ducks are really lining up on BPT, a profitable, low debt Australian producer that has world class assets.
This is one stock I can see compelling value.
Morning Star valuation
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 (20min delay)
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Last
$1.29 |
Change
0.013(0.98%) |
Mkt cap ! $2.948B | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.30 | $1.29 | $1.867M | 1.443M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 40287 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 137305 | 23 |
View Market Depth
| Last trade - 11.01am 08/10/2024 (20 minute delay) ? |
| BPT (ASX) Chart |