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Santos seen worthless at current oil price

2015-01-07 10:08:54| Energy - Topix.net

While energy stocks have been hammered by the sharp dive in the oil price, their share prices suggest investors aren't expecting crude will stay this cheap forever. A theoretical exercise by Credit Suisse equity analysts has made the startling finding that Santos' equity is worthless when current oil prices and foreign exchange rates are assumed to persist for ever.

Tags: price current oil santos

 

Santos seen worthless at current oil price

2015-01-07 09:20:21| Oil & Gas - Topix.net

While energy stocks have been hammered by the sharp dive in the oil price, their share prices suggest investors aren't expecting crude will stay this cheap forever. A theoretical exercise by Credit Suisse equity analysts has made the startling finding that Santos' equity is worthless when current oil prices and foreign exchange rates are assumed to persist for ever.

Tags: price current oil santos

 
 

Stranded assets: Will efforts to counter warming render energy reserves worthless?

2014-12-06 16:05:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: A major threat to fossil fuel companies has suddenly moved from the fringe to center stage with a dramatic announcement by Germanys biggest power company and an intriguing letter from the Bank of England. A growing minority of investors and regulators are probing the possibility that untapped deposits of oil, gas and coal -- valued at trillions of dollars globally -- could become stranded assets as governments adopt more rigorous climate-change policies. The concept gaining traction from Wall...

Tags: counter energy efforts assets

 

In the money: Worthless Billabong still in choppy waters

2013-08-28 17:08:00| Daily apparel & textile news and comment - from just-style.com

Troubled Australian surfwear brand Billabong is attempting to move beyond recent turbulence and onto its turnaround plans, but uncertainty still remains.

Tags: money waters worthless billabong

 

American Apparel: A Worthless Stock On Sale For $2

2013-07-20 11:51:54| Apparel - Topix.net

American Apparel is a vertically integrated apparel designer, manufacturer, distributor and retailer that offers clothing and accessories for the whole family.

Tags: for sale american stock

 

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