STU 0.00% 94.0¢ stuart petroleum limited

Stuarts announcement today, has now confirmed the fact that STU...

  1. 9,508 Posts.
    lightbulb Created with Sketch. 661
    Stuarts announcement today, has now confirmed the fact that STU is going to make more money on their oil then COE.

    Thanks to the lesser hedging in place for the current financial year, we can now anticipate Nett oil production earnings of around $87000 a day.

    Now this is $609000 a week which means around $31 million for the full year.

    Any upside of additional oil from successfull drilling has not been added.


    I can see Stuart as another jewel in the making that has not yet been noticed by the wider market.

    jojo
 
watchlist Created with Sketch. Add STU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.