"STO is on a 20x pe multiple even after this morning's carnage - and long run avg is 10-12x.
it was on high pe because people thought gas prices were on an irresistible rise for next 20 years"
I understand it was on a higher than usual PE due to the massive Capex last few years which will abate quickly once GLNG is up and running.
STO buy rated, page-17
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Last
$7.86 |
Change
-0.180(2.24%) |
Mkt cap ! $25.52B | |||
| Open | High | Low | Value | Volume |
| $7.93 | $7.94 | $7.86 | $50.92M | 6.465M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 13931 | $7.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.89 | 1000 | 1 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| STO (ASX) Chart |