I'm pretty sure they will just lose any future revenue once contract finishes. But not very material to APA. When the Ethane pipeline last reported financials as a listed entity around 2015-2016 it was doing about $20m of revenue and ~$12m of EBITDA. So maybe less than 1% of EBITDA APA is losing?But it could be repurposed. Potentially to transport gas/other liquids from Moomba to Sydney or maybe even CO2 from Sydney to Moomba for storage? Would require capex for conversion.
I'm pretty sure they will just lose any future revenue once...
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Last
$8.72 |
Change
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Mkt cap ! $11.19B | |||
| Open | High | Low | Value | Volume |
| $8.70 | $8.72 | $8.61 | $17.53M | 2.018M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 107642 | $8.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $8.72 | 19223 | 3 |
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| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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$8.68 |
Change
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| Open | High | Low | Volume | ||
| $8.69 | $8.71 | $8.61 | 344283 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| APA (ASX) Chart |