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
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Last
$1.28 |
Change
0.000(0.00%) |
Mkt cap ! $2.920B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.29 | $1.27 | $6.419M | 5.024M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 32293 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 42322 | 3 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| BPT (ASX) Chart |