Santos market cap is around 12.5bn and WPL market cap is around 32bn (more than 2.5 times STO).
Santos Revenue for first half is 1.7bn and WPL revenue is 2.164bn (1.27 times more)
The breakeven costs are similar and debt WPL has around 3 times more long term debt.
Why is WPL valued so much higher than STO for each dollar that WPL is earning? Is it because we have more long term gas fields under our belts? I will greatly appreciate if someone could provide a logical explanation. Not downramping, there must be an explanation, the market cannot be wrong with its valuation.
STO VS WPL
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 (20min delay)
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Last
$28.57 |
Change
0.140(0.49%) |
Mkt cap ! $54.24B | |||
| Open | High | Low | Value | Volume |
| $28.60 | $28.72 | $28.43 | $157.5M | 5.517M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $28.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.58 | 300 | 1 |
View Market Depth
| Last trade - 16.10pm 25/04/2024 (20 minute delay) ? |
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Last
$28.54 |
Change
0.140 ( 0.34 %) |
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| Open | High | Low | Volume | ||
| $28.59 | $28.72 | $28.44 | 1655565 | ||
| Last updated 15.59pm 25/04/2024 ? | |||||
| WDS (ASX) Chart |