STO has been and is a long term investment for me because I think it is a good idea and strategy for STO to produce the gas with their own gas fields and to sell gas with their own LNG facilities.
STO being a pure upstream company can be risky, when we have a volatile respectively low oil-, gasprice. The midstream, downstream LNG facilities will smoothen the business during these bad times, which I prefer to have. It is a concept that works very successfully for the major oil companies since more than 100 years.
If you want to fillet STO, it is a strategy to get some cash within a short periode. STO is for me a good long term investment.
STO has been and is a long term investment for me because I...
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Last
$7.52 |
Change
-0.180(2.34%) |
Mkt cap ! $24.47B | |||
| Open | High | Low | Value | Volume |
| $7.62 | $7.64 | $7.51 | $16.38M | 2.170M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 66 | 40403 | $7.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.53 | 77369 | 51 |
View Market Depth
| Last trade - 12.58pm 01/05/2024 (20 minute delay) ? |
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Last
$7.53 |
Change
-0.180 ( 1.94 %) |
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| Open | High | Low | Volume | ||
| $7.63 | $7.64 | $7.51 | 591742 | ||
| Last updated 13.16pm 01/05/2024 ? | |||||
| STO (ASX) Chart |