I have just listened to the webcast and then looked in more detail the Investor Presentation. Here is what BPT is saying. With regards to hedging, about 19% of BPT total production is under the collar hedge. It covers most of BPT oil production. However, 18% of other production in BPT is subject to movements in oil price. These includes LPG, condensates and some oil.
And another 12% of production are gas linked to the oil price.
An interesting one that was mentioned was BPT last year FY18 received a premium of 14% over Brent price (on AUD terms) on oil sold !
SP relative to Brent Crude, page-116
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Last
$1.14 |
Change
0.005(0.44%) |
Mkt cap ! $2.589B | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.16 | $1.13 | $8.810M | 7.727M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 46969 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.15 | 82338 | 3 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| BPT (ASX) Chart |