Has the C-Suite of Cooper Energy (COPJF) succeeded in the reasonable capital allocation and cost management? In my judgement, it did. Since the board outlined the firm's strategic shift from oil to natural gas in 2012, it has done incredible work to acquire new valuable assets and boost revenue. Moreover, Cooper painlessly survived the bleak period for upstream companies and finally outperformed S&P/ASX 200 Index. In FY18, Cooper was exceptional at the critical upstream KPIs: reserves replacement ratio and production. Its Q1 FY19 financials are also respectable. Let's get down to details.
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