The energy sector has to get out of the mentality of economic theory, says CEO.
Earnings forecast at upper end of management’s previous guidance.
UPDATED: The shares fell as low as $1.64.
Adjusted earnings before interest, tax, depreciation and amortisation rose to $305.9m from $287.9m.
Departing director Michael Stiassny decries lack of long-term thinking - with special audio feature.
The company reported an annual loss of $7 million in the 12 months ended September 30.
The Meeting Place of Intelligent Business