Not IMHO, it does this, goes down to $8 back up to $9 down to $8, nothing to really note beyond the ACCC attempt to make it a midstream monopoly.
AGL has not taken the bait, ORG and STO have been resolving their own problems.
I'd say ORG and STO will go back up, APA and AGL will go back down but I could be wrong.
More upside in upstream plays and less upside in mid and downstream plays.
ORG needs to get its act together, it owns a pipeline, that pipeline is looking better by the age.
News: APA Australia watchdog looks to end ExxonMobil, BHP joint gas sales, page-12
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