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0.52%

$7.70 santos limited

https://www.upstreamonline.com/lng/shell-forecasts-50-rise-in-glo...

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huaneng

1,494 Posts.

337

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 $7.70		Change 0.040(0.52%)		Mkt cap ! $25.00B

Open	High	Low	Value	Volume
$7.61	$7.72	$7.58	$42.39M	5.519M

Buyers (Bids)

No.	Vol.	Price($)
2	3597	$7.68

Sellers (Offers)

Price($)	Vol.	No.
$7.70	20621	1

View Market Depth

No.	Vol.	Price($)
2	3597	7.680
1	5215	7.670
3	106675	7.660
5	75950	7.650
5	50607	7.640

Price($)	Vol.	No.
7.700	20621	1
7.710	39088	2
7.720	41149	5
7.730	4200	2
7.740	12812	5

Last trade - 16.10pm 30/04/2024 (20 minute delay)


Last $7.68			Change 0.040 ( 0.60 %)
Open	High		Low	Volume
$7.63	$7.72		$7.58	1000164
Last updated 15.59pm 30/04/2024 ?

STO (ASX) Chart