divi was a disappointment!
even though there’s no bank debt falling due until 2026, except PNG LNG pay downs, these guys are playing it safe, should oil prices turn lower for longer. I kinda understand given that ‘traditional’ financing avenues have closed to fossil fuel industries (insane!).
no word on PNG government taking its 5% stake in PNG LNG by next Thu (31/08)?
cash flows from Pikka & Barossa after 2026 will be monumental (all at $70-$100 Brent & $10-$14 JKM mind you!)
anyways, I hold and will be merry.
PS. I do like me some of that 5% term deposit and have thrown some $$ that way to keep the ship balanced.
carry-on all!
Ann: Dividend/Distribution - STO, page-9
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Last
$7.49 |
Change
-0.060(0.79%) |
Mkt cap ! $24.32B | |||
| Open | High | Low | Value | Volume |
| $7.58 | $7.61 | $7.46 | $55.34M | 7.385M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 57471 | $7.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.49 | 36095 | 1 |
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| Last trade - 16.10pm 11/06/2024 (20 minute delay) ? |
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Last
$7.50 |
Change
-0.060 ( 0.90 %) |
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| Open | High | Low | Volume | ||
| $7.59 | $7.61 | $7.46 | 1606389 | ||
| Last updated 15.59pm 11/06/2024 ? | |||||
| STO (ASX) Chart |