Santos Ltd
STO
Company Profile
Business description
Santos was founded in 1954. The company's name is an acronym for South Australia Northern Territory Oil Search. The first Cooper Basin gas discovery came in 1963, with initial supplies in 1969. Santos became a major enterprise, though over-reliance on the Cooper Basin, along with the Moomba field's inexorable decline, saw it struggle to maintain relevance in the first decade of the 21st century. However, the stage was set for a renaissance via conversion of coal seam gas into LNG in Queensland and conventional gas to LNG in PNG.
Contact
60 Flinders Street
Ground Floor Santos Centre
AdelaideSA5000
AUST: +61 881165000
Sector
Energy
Stock type
Sensitive
Industry
Oil & Gas E&P
Fiscal Year End
31 December 2024
Employees
3,864
Santos Ltd News & Analysis
stocks
Two five-star picks in the ASX's cheapest sector
The ASX is near all-time highs but one sector stands out as cheap.
personal-finance
Chart of the week: Blue chips look expensive, more opportunities in smaller caps
This week's chart comes from the Australian equity market outlook for Q4.
stocks
2 cheap ASX stocks that might interest contrarians
A David Dreman style screen unearths two No Moat ASX companies that our analysts think are undervalued.
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 8,415.00 | 100.20 | -1.18% |
| CAC 40 | 7,226.98 | 199.90 | -2.69% |
| DAX 40 | 19,033.64 | 414.96 | -2.13% |
| Dow JONES (US) | 43,910.98 | 382.15 | -0.86% |
| FTSE 100 | 8,025.77 | 99.42 | -1.22% |
| HKSE | 19,846.88 | 580.05 | -2.84% |
| NASDAQ | 19,281.40 | 17.36 | -0.09% |
| Nikkei 225 | 39,287.79 | 88.30 | -0.22% |
| NZX 50 Index | 12,641.80 | 107.56 | -0.84% |
| S&P 500 | 5,983.99 | 17.36 | -0.29% |
| S&P/ASX 200 | 8,152.40 | 103.20 | -1.25% |
| SSE Composite Index | 3,421.97 | 48.10 | -1.39% |