Some interesting calculations have been done by GSJB Were after Goldman Sachs stunned the market with their 'super spike' theory on the oil price.
Postulating an oil price of $100 / bbl (US) for WTI GSJB Were has calculated the following "free cash flow" per share in 2005 for some key Aussie oil producers:
WPL: up from $2.05 to $3.11
STO: up from $1.43 to $3.03
OSH: up from 26c to 59c
TAP: up from 17c to 44c
AWE: up from 14c to 24c
I found this pretty interesting and thought it might be worthwhile salting this info. away .... "just in case".
(Sourced from today's Australasian Investment Review news release)
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