If oil stays above $90 then WPL will make a Motza of cash flow Over this half of 2022. They made $1,650 profit on an average of $60 for oil. For a production of 52 Mmbeo for half year. That is an extra $1560 of revenue. Or $400 in free cash flow. At an average of $100 it becomes $500M for half year. 50c per share extra for 6 months.
I think $40 is definitely a target for SP in the cards and sooner than later.
WPL@$40, page-147
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Last
$27.91 |
Change
-0.240(0.85%) |
Mkt cap ! $52.99B | |||
| Open | High | Low | Value | Volume |
| $28.10 | $28.19 | $27.88 | $82.23M | 2.939M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 7898 | $27.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.92 | 7791 | 3 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
$27.90 |
Change
-0.240 ( 0.77 %) |
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| Open | High | Low | Volume | ||
| $28.10 | $28.19 | $27.88 | 463024 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| WDS (ASX) Chart |