Santos Ltd

Santos Ltd. engages in the exploration, development, transportation, and marketing of natural gas. It operates through the following segments: Cooper Basin, Queensland and New South Wales, Papua New Guinea, Northern Australia and Timor-Leste, and Western Australia. The company was founded by Reg Sprigg, John Bonython, and Douglas Mawson on March 18, 1954 and is headquartered in Adelaide, Australia.

An Australian indigenous group on Thursday won a legal challenge on appeal against Santos' A$3.6 billion ($2.37 billion) gas extraction project near the town of Narrabri, raising the risk of delay to what could be a major growth driver.

Santos hit with fresh legal blow over $2.4 bln Narrabri gas project

Santos Limited (STOSF) 2023 Full Year Results Webcast and Earnings Call Transcript

A hedge fund pushing Santos to split off its liquefied natural gas (LNG) assets is resuming its campaign, as management and investors look for ways to revive a share price back in the doldrums after failed talks to merge with bigger rival Woodside.

Santos investors divided as activist resumes campaign for LNG spin-off

Woodside Energy Group Ltd

Woodside Energy Group Ltd (ASX:WDS, LSE:WDS, OTC:WOPEF) concluded its merger discussions with fellow Australian oil and gas firm Santos Ltd (ASX:STO) after failing to reach a deal, a company statement said on Wednesday. Meg O'Neil, boss at the largest independent Australian oil and gas company, said it has a disciplined approach to mergers, and acquisitions, with the key focus always on extracting shareholder value.

Woodside Energy ends merger talks with Santos

The companies spent two months discussing a merger that aimed to capitalize on the rising demand for natural gas resulting from the war in Ukraine.

Woodside, Santos End Talks on Merger to Create $57 Billion Energy Giant

Australia's Woodside Energy and Santos said on Wednesday they had ended talks to create a possible A$80 billion ($52 billion) global oil and gas giant.

Reactions to Australia's Woodside, Santos ending $52 bln merger talks

Australia's Woodside Energy said on Wednesday discussions with Santos to create a possible A$80 billion ($52.22 billion) global oil and gas giant had collapsed.

Australia's Woodside Energy says merger talks with Santos collapsed

Woodside should walk away from its proposed $57 billion merger with Santos rather than pay a premium for its smaller rival, a large shareholder said on Thursday, a sign of the deep divide between both sides over fair value.

Woodside should walk away from Santos deal, large shareholder says

Oil and gas giant Santos said on Thursday it had amended the terms of sale of its 2.6% stake in PNG liquefied natural gas (LNG) project to Kumul Petroleum, allowing the Papua New Guinea state-owned firm additional time to pay the purchase price.

Santos amends PNG stake sale terms with Papua New Guinea's Kumul Petroleum

Australian energy companies Woodside and Santos announced on Dec. 7 they are in preliminary talks to merge, a tie-up that would come amid a wave of consolidation in the global energy sector.

Explainer: What would a Woodside and Santos merger look like?

Australia's Santos Ltd shares jumped nearly 11% in early trade on Friday to their highest level in five weeks after it said it was in talks with larger rival Woodside Energy for a potential A$80 billion ($52 billion) merger.

Santos shares jump 11% on $53 billion Woodside merger talks

Australia's Santos said on Tuesday it will farm down half of its working interest in 148 exploration leases on the Alaska North Slope at its Pikka project in an agreement with two Alaska-based companies.

Santos to farm down 50% working interest in 148 leases at Alaska's Pikka project

Santos Limited (OTCPK:STOSF) Q2 2023 Results Conference Call August 22, 2023 9:00 PM ET Company Participants Kevin Gallagher - MD, CEO and Director Anthea McKinnell - Chief Financial Officer Conference Call Participants James Redfern - Bank of America Gordon Ramsay - RBC Capital Markets Adam Martin - E&P Saul Kavonic - Credit Suisse Dale Koenders - Barrenjoey James Byrne - Citi Sarah Kerr - Morgan Stanley Nik Burns - Jarden Australia Henry Meyer - Goldman Sachs Kevin Gallagher Thank you, and good morning, and welcome to Santos' 2023 half-year results question-and-answer investor call. Joining me today is Chief Financial Officer, Anthea McKinnell.

Santos Limited (STOSF) Q2 2023 Earnings Call Transcript

Australian oil and gas explorer Santos Ltd on Wednesday posted a 37% drop in its first-half profit, hurt by weaker realised prices and a drop in output.

Santos posts 37% fall in first-half profit

Santos Limited (OTCPK:STOSF) Q2 2022 Earnings Conference Call August 16, 2022 9:00 PM ET Company Participants Kevin Gallagher - Managing Director and CEO Anthea McKinnell - CFO Conference Call Participants Tom Allen - UBS James Redfern - Bank of America Mark Wiseman - Macquarie Dale Koenders - Barrenjoey Saul Kavonic - Credit Suisse Mark Samter - MST Marquee Gordon Ramsay - RBC Capital Markets Nik Burns - Jarden Australia Daniel Butcher - CLSA Operator Thank you for standing-by and welcome to the Santos' 2022 Half Year Results Webcast. All participants are in a listen-only mode.

Santos Limited (STOSF) CEO Kevin Gallagher on Q2 2022 Results - Earnings Call Transcript

Australia's Santos Ltd announced an on-market share buyback worth up to $250 million on Wednesday as part of a new capital framework targeting higher shareholder returns amid surging commodity prices.

News for Santos Ltd Stock (SSLZY)