PREMIUM FEATURES

Analyst Wrap, December 2

THIS looks to be a lucrative year for oil refiner Caltex Australia, which has forecast a higher profit after tax of between $390 million and $420 million. This follows tight supply and strong demand for petroleum products, as well as a strong operating performance in the second half.

Francine Pennington

The forecast compares with a replacement cost of sales operating profit (RCOP) in 2004 of $348 million. Caltex refiner margins averaged more than US$11 per barrel of oil from June 30 2005 to October 31,...

Start a free trial to continue reading this article

Already have an account? Sign in here

Subscribe now

OPINION

Slugcatcher: Pressure builds on Woodside's Goyder

OPERATIONS

NOPSEMA dishes out multiple sanctions over wire snap incident at Gorgon

OIL & GAS

Santos clears key legal hurdle for Narrabri gas project

OPERATIONS

New federal government data paints a mixed picture for fossil fuels and renewables

RESEARCH

Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.