Santos Stock News

Santos Ltd (ASX:STO) has delivered record September-quarter production of 26.3 million barrels of oil equivalent as Barossa LNG reached steady production and the Pikka oil project in Alaska ramped up, although commissioning setbacks at Pikka prompted the company to narrow its full-year guidance. Production increased 13.9% from the June quarter and 23% from a year earlier, while sales revenue ju...

Australia's Santos trims 2026 output forecast on Pikka delays; Q3 revenue jumps

Australia's Santos said on ​Tuesday it had signed a liquefied natural ‌gas (LNG) supply agreement with POSCO Steel and a purchase agreement with Western LNG.

Australia's Santos said on Monday it had acquired ​an additional 3.3% stake in the Papua ‌LNG project from France's TotalEnergies for $189 million, increasing its total interest in the venture to 21%.

Australian oil and gas producer Santos reported a smaller-than-expected drop in its first-half profit ​and forecast higher production in the second half as its ‌Barossa and Pikka projects ramp up.

Energy major Santos on Thursday reported a ​5% rise in its ‌second-quarter revenue, supported by higher sales ​volumes from ​its LNG project in ⁠Papua New ​Guinea and stronger ​realised crude and condensate prices.

Australian energy producer Santos executed a previously announced deal with the South ​Australian government to supply 200 petajoules ‌of gas over 10 years from 2030, the company said on Monday.