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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
Category:Energy and Environment
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