https://youtu.be/Kr0tfZKzJno?si=OLvbsF0jE-gJedAD
As per yesterday's presentation.. it looks like the png lng sale funds will be used to pay down debt. (Noted in the financials part that the current sell down funds will reduce gearing by 1.8%)
Free cash flow expected to be around 3.5bil in 2026. With the 40% distribution policy(and without share buybacks) this would equate to around 67c distribution for that year...being over a 9% return on today's share price. Then fcf increasing to 5.1bil in 2028.
Report, page-11
Add STO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.17 |
Change
0.170(2.43%) |
Mkt cap ! $23.28B | |||
| Open | High | Low | Value | Volume |
| $7.21 | $7.24 | $7.13 | $112.1M | 15.61M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 42575 | $7.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.18 | 165376 | 3 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| STO (ASX) Chart |