Wpl hit >39 in early 2019 or end of 2018 when oil price was at this level. current weakness of Wds is normal and healthy correction due to poor expectations after Dec investment brief and Baiden admin’s reckless release of SPR. Chief of reason is that 6bil capital requirement out of 6bil free cash flows in 2023 leaves no room for divies. Need 4 bil credit to fund divies, if 2022 level is maintained. If Meg can get one of Asian partners in, WDS can easily shoot over 40. After listing on both NY and London, Most of ESG fundies have left registers. It would be much hard for hedge fund to push Wds yield to north of 10%. After China reopens, and Ukrainian war ending is not in sight, oil price will be more likely going up than down from here.
Wpl hit >39 in early 2019 or end of 2018 when oil price was at...
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Last
$27.93 |
Change
0.180(0.65%) |
Mkt cap ! $53.03B | |||
| Open | High | Low | Value | Volume |
| $27.60 | $28.22 | $27.51 | $129.6M | 4.633M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2754 | $27.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.93 | 576 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$27.98 |
Change
0.180 ( 0.86 %) |
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| Open | High | Low | Volume | ||
| $27.58 | $28.21 | $27.51 | 873338 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| WDS (ASX) Chart |