IPM incremental petroleum limited

september quarter

  1. PickEm
    933 Posts.
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    03/10/08
    11:56
    Post #: 4341045
    Spent some time this morning working up the likely Sept quarter result. My est is:

    131,000 barrels averaging $US90/b over the quarter (the Arabian price IPM receives is about $10 less than Brent).

    Likely result in AUD:
    Revenue $13.3m
    All costs incl tax $9.3m
    NPAT $4m for quarter or 5.1 cps.

    DYOR, but my figures normally pretty close. Mighty tough out there.

    PE
    IPM Price at posting: 95.0¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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