Worried about How Rising Petrol Prices Might Impact the Transurban (ASX:TCL) Share Price? Read This

Motley Fool2022-03-17

Key pointsTransurban Group (ASX: TCL)may be a road toll operator, but will rising fuel prices impact the share price?Transurban shares climbed 2% on Thursday to finish the day at $13.22. For ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Carolir
2022-03-17
Carolir
.

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1159385550?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-03-17 16:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1159385550","market":"other","top_or_hot":-1,"title":"Worried about How Rising Petrol Prices Might Impact the Transurban (ASX:TCL) Share Price? Read This","media":"Motley Fool","content":"<div>\n<p>Key pointsTransurban Group (ASX: TCL)may be a road toll operator, but will rising fuel prices impact the share price?Transurban shares climbed 2% on Thursday to finish the day at $13.22.  For ...</p>\n\n<a href=\"https://www.fool.com.au/2022/03/17/worried-about-how-rising-petrol-prices-might-impact-the-transurban-asxtcl-share-price-read-this/\">Source Link</a>\n\n</div>\n","source":"fool_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Worried about How Rising Petrol Prices Might Impact the Transurban (ASX:TCL) Share Price? Read This</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWorried about How Rising Petrol Prices Might Impact the Transurban (ASX:TCL) Share Price? Read This\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-17 16:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com.au/2022/03/17/worried-about-how-rising-petrol-prices-might-impact-the-transurban-asxtcl-share-price-read-this/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key pointsTransurban Group (ASX: TCL)may be a road toll operator, but will rising fuel prices impact the share price?Transurban shares climbed 2% on Thursday to finish the day at $13.22.  For ...</p>\n\n<a href=\"https://www.fool.com.au/2022/03/17/worried-about-how-rising-petrol-prices-might-impact-the-transurban-asxtcl-share-price-read-this/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TCL.AU","symbol_name":"TRANSURBAN GROUP","start_time":0,"source_url":"https://www.fool.com.au/2022/03/17/worried-about-how-rising-petrol-prices-might-impact-the-transurban-asxtcl-share-price-read-this/","article_id":"1159385550","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1159385550","pubTimestamp":1647504129,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"Key pointsTransurban Group (ASX: TCL)may be a road toll operator, but will rising fuel prices impact","collect":0,"end_time":0,"defaultTopTitle":"fool.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"TCL.AU":"TRANSURBAN GROUP"},"translate_title":"担心不断上涨的汽油价格会对Transurban（ASX：TCL）的股价产生怎样的影响？读这个","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TCL.AU":0.9},"content_text":"Key pointsTransurban Group (ASX: TCL)may be a road toll operator, but will rising fuel prices impact the share price?Transurban shares climbed 2% on Thursday to finish the day at $13.22.  For perspective, the S&P/ASX 200 Index (ASX: XJO) lifted 1.05%.Let’s take a look at what is likely at play for the company.Could rising petrol prices impact toll road revenue?Transurban builds and operates toll roads in Sydney, Melbourne and Brisbane.Oil prices have recently hit 13-year highs amid the Russian invasion of Ukraine. Brent crude oil prices reached nearly US$140per barrel in early March. The international benchmark Brent Crude is priced at US$99.65 per barrel at the time of writing, according to Bloomberg.However, broker Macquarie believes there is scant evidence fuel price increases will impact the road toll operator.Macquarie has placed a $14.96 price target on the company’s shares. This is 13% higher than Thursday’s close.Macquarie, quoted in theFinancial Review, said:Transurban has always remarked, in their experience, there is a very weak relationship to fuel price movements. This appears to be supported by academic research which cites elasticity of negative 0.04.In October 2007, when fuel increased 18 per cent, M4 and M5 (Sydney motorways) traffic was either stable or higher. In theory, it should have fallen 0.7 per cent assuming the elasticity holds.The team at Morgans also recently placed an add rating and $14.29 price target on the company’s shares, my Foolish colleague James reported. The company said:We think TCL will continue to be attractive to investors given its market cap weighting (important for passive index tracking flows), the high quality of its assets, management team, balance sheet, and growth prospects.Transurban share price snapshotThe Transurban share price has lifted just 1% in the past 12 months, while it has lost 4% year to date.In the past month, Transurban shares have gained nearly 3%, while they have soared nearly 6% in the past weekTransurban has a market capitalisation of about $40.6 billion based on its current share price.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9035331382,"gmtCreate":1647505559711,"gmtModify":1676534238638,"author":{"id":"3576326025007657","authorId":"3576326025007657","authorIdStr":"3576326025007657","name":"Carolir","avatar":"https://static.tigerbbs.com/7336f44d3eff2834f40e92f17d72ed7e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3576326025007657"},"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9035331382","repostId":1159385550,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":26,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.27.0","shortVersion":"4.27.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1159385550"}