MARKETS

Senex revenue down but increase expected

SENEX Energy said this morning its sales revenue for the last quarter decreased 18% “reflecting a lower realised oil price and lower volume of oil sold”. 

 Oiler hedged prices for the financial year but plans increase in FY2019 

Oiler hedged prices for the financial year but plans increase in FY2019 

However, though the average realised price was A$87/bbl "with the timing impacts of oil sales revenue and marginally unfavourable foreign exchange movements offsetting" the higher Brent price.    The...

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