"Woodside Petroleum has formally abandoned its $11.6 billion ambition to buy Papua New Guinea oil and gas champion Oil Search, leaving investors expecting it to re-direct its expansion attentions elsewhere as the industry labours with an extended weakness in oil prices."
"He said he expected Woodside now to look elsewhere for assets to acquire, especially as expectations for another six months or so of depressed prices should throw up other opportunities."
http://www.smh.com.au/business/ener...-ambitions-20151207-glhxop.html#ixzz3tgYSBA1g
With Woodside abandoning its takeover of Oil Search, would they look at STO?
You would think STO is ripe for the picking now that the CR is over, and with oil prices at a low.
"Woodside Petroleum has formally abandoned its $11.6 billion...
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Last
$7.53 |
Change
0.025(0.33%) |
Mkt cap ! $24.52B | |||
| Open | High | Low | Value | Volume |
| $7.50 | $7.59 | $7.47 | $21.63M | 2.873M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 28990 | $7.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.53 | 45632 | 61 |
View Market Depth
| Last trade - 15.14pm 06/06/2024 (20 minute delay) ? |
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Last
$7.51 |
Change
0.025 ( 0.04 %) |
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| Open | High | Low | Volume | ||
| $7.50 | $7.58 | $7.47 | 1827889 | ||
| Last updated 15.34pm 06/06/2024 ? | |||||
| STO (ASX) Chart |