Spot price of oil .... is pretty significant for oil producers who dont have locked in forward contracts.
Unless im mistaken, we get paid spot WTI, less some fixed discount.
So if at $60USD/bbl we're making gross profit of $30USD/bbl then at $65USD/bbl we'll be making $35USD/bbl, and at $70USD/bbl, we'll be making $40USD/bbl. These numbers mean a 20-30% increase in gross profit. Our market cap is based on EBITDA and potential so any increase in EBITDA is a big deal.
- Forums
- ASX - By Stock
- WBE
- Whitebark Energy ramps up Rex-3 drilling at Wizard Lake
Whitebark Energy ramps up Rex-3 drilling at Wizard Lake, page-8
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WBE (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.271M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 622998 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 3431 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 622998 | 0.007 |
4 | 976334 | 0.006 |
2 | 499995 | 0.005 |
1 | 500000 | 0.004 |
1 | 166670 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 3431 | 1 |
0.010 | 616667 | 2 |
0.011 | 779001 | 2 |
0.012 | 618018 | 2 |
0.013 | 1283370 | 5 |
Last trade - 16.12pm 03/09/2024 (20 minute delay) ? |
Featured News
WBE (ASX) Chart |
Day chart unavailable