Hi Entropylord,
I too have been pondering the margins for SAE. Apart from the margins this looks like a well run Co., meet targets, set attainable targets, share buybacks and positive cashflow and most importantly NO DEBT.
Thought I heard on boardroom radio that it was more like $30 a barrel.
Given that what are folks thoughts on this co. if the oil price retests $70?
Regards
P