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$7.73 santos limited

News: STO Santos investors divided as activist resumes campaign for LNG spin-off, page-3

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huaneng

1,525 Posts.

354

15/02/24

05:57

Post #: 72413169
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Originally posted by huaneng: ↑

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.

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https://www.upstreamonline.com/lng/shell-forecasts-50-rise-in-global-lng-demand-by-2040/2-1-1598261

STO Price at posting: $7.39 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $7.73		Change 0.025(0.32%)		Mkt cap ! $25.07B

Open	High	Low	Value	Volume
$7.72	$7.75	$7.70	$7.173M	929.2K

Buyers (Bids)

No.	Vol.	Price($)
32	32523	$7.72

Sellers (Offers)

Price($)	Vol.	No.
$7.73	17380	34

View Market Depth

No.	Vol.	Price($)
39	33901	7.730
28	39434	7.720
26	54199	7.710
15	42119	7.700
13	36646	7.690

Price($)	Vol.	No.
7.740	39823	38
7.750	74046	31
7.760	52858	17
7.770	97730	12
7.780	19274	8

Last trade - 12.08pm 22/05/2024 (20 minute delay)


Last $7.71			Change 0.025 ( 0.19 %)
Open	High		Low	Volume
$7.72	$7.74		$7.70	321731
Last updated 12.27pm 22/05/2024 ?

STO (ASX) Chart

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