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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 $7.70		Change 0.000(0.00%)		Mkt cap ! $25.00B

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
3	13735	$8.08

Sellers (Offers)

Price($)	Vol.	No.
$6.92	482	1

View Market Depth

No.	Vol.	Price($)
1	108	8.080
2	3149	8.070
1	527	8.040
1	48	7.970
8	2348	7.930

Price($)	Vol.	No.
6.930	640	1
7.320	4376	5
7.330	5308	1
7.410	10366	4
7.460	56	3

Last trade - 09.55am 22/05/2024 (20 minute delay)


Last $7.72			Change 0.000 ( 0.01 %)
Open	High		Low	Volume
$7.72	$7.74		$7.71	30690
Last updated 10.17am 22/05/2024 ?

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