I cant get over the fact that SXY is worth $1.1b, while BPT is worth only $1.7b. This makes BPT look like an absolute bargain.
Beach has production guidance of 7.5m barrels while SXY has a oil production target of 700,000 barrels. As you can see SXY wont even produce 10 percent of what Beach has forecast.
SXY 100% owned shale gas tenemants estimated to have 86-122tcf Gas in place. While Beach 100% owned shale gas tenemants have over 300tcf gas in place or 60tcf recoverable.
It is like comparing neptune to jupiter. There is a large difference in fundamentals but a much smaller difference in valuations.
sxy is fast approaching bpt
Add BPT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.56 |
Change
-0.005(0.32%) |
Mkt cap ! $3.547B | |||
| Open | High | Low | Value | Volume |
| $1.55 | $1.57 | $1.54 | $6.996M | 4.488M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 50705 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 136978 | 4 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BPT (ASX) Chart |