This morning, the ASX market wiped as much as $22 billion off of its value, as nervous traders shied away from global market slumps. Currently, the S&P/ASX200 index is down 1.21% or 74.9 points to 6120.30.
It has been a solid 12-month period for the stock. The latest news out of the company is its full-year results, which reveal improved cash flow and growth in reserves.
The latest news out of the company is its full-year results — which missed analyst estimates, but still revealed improved profit, which was underlined by an improved dividend.
Of the ASX oil stocks, Beach Energy was the worst hit, down 9.95%, trading at $1.63. These moves mirror the decline in oil price, with WTI Crude down 0.51% today — trading at $52.37.
Santos shares rose 2.6% yesterday, following a sharp spike in oil prices. The comanpy has had a promising year in general. Earlier this year, they issued a new and attractive dividend policy designed to pay out in these intermittent oil price booms.
Woodside Petroleum Ltd’s share price has seen a positive six months after strong production and sales revenue.Shares were trading at 28.73 Tuesday, 27 February this year, but this peaked at 37.48 on Monday, 20 August. In as little as six months — they’ve experienced an increase of 30.45%...
Half-year results saw Woodside petroleum Ltd share price consistently increase over the last six months.Today, Woodside petroleum Ltd [ASX:WPL] shares are trading at 36.60, which is up 28% compared to 23 February 2018 when they were trading at 36.60 over 6 months ago...