ASX Share rice
Thu 13 May 2021 - 01:08:pm (Sydney)

STO Share Price

SANTOS LIMITEDSTOEnergy

STO Company Information

Name:

Santos Limited

Sector:

Energy

Industry:

Oil & Gas E&P

GIC Industry:

Oil, Gas & Consumable Fuels

GIC Sub Industry:

Oil & Gas Exploration & Production

Address:

Santos Centre Adelaide SA Australia 5000

Phone:

61 8 8116 5000

Full Time Employees:

2722

MD, CEO & Director:

Mr. Kevin Thomas Gallagher B.E., B.Eng, MAICD, FIEAust

Chief Financial Officer:

Mr. Anthony Myles Neilson B.Com., M.B.A., MBA, BComm, CA, FFin

Chief Operations Officer:

Mr. David Maxwell Banks B.A., M.B.A.

Exec. VP of Midstream Infrastructure & Low Carbon Operations:

Mr. Brett Kenneth Woods B.Sc.

Exec. VP of Onshore Oil & Gas:

Mr. Robert Francis Simpson

Exec. VP of Offshore Oil & Gas:

Mr. Brett Anthony Darley

Exec. VP of Commercial:

Mr. Petter Undem M.B.A., M.Sc.

Group Exec. of Investor Relations:

Mr. Andrew Nairn B.Comm

Exec. VP of People & Culture:

Mr. Angus Jaffray B.A., M.B.A., MBA

Head of Environment & Access:

Mr. Nick Fox

Company Overview:

Santos Limited explores for, develops, produces, transports, and markets hydrocarbons for homes and businesses in Australia and Asia. Its five principal assets are located in the Cooper Basin, Queensland and NSW, Papua New Guinea, Northern Australia and Timor-Leste, and Western Australia. The company produces natural gas, such as liquefied petroleum gas, ethane, methane, coal seam gas, liquefied natural gas, shale gas, and condensate, as well as oil. Its proved plus probable reserves include 933 million barrels of oil equivalent. The company was incorporated in 1954 and is headquartered in Adelaide, Australia.

STO Share Price Information

Shares Issued:

2.08B

Market Capitalisation:

$14.28B

Dividend per Share:

$0.071

Ex Dividend Date:

2021-02-23

Dividend Yield:

1.04%

Revenue (TTM):

$3.39B

Revenue Per Share (TTM):

$1.63

Earnings per Share:

$0.321

Profit Margin:

-0.1054

Operating Margin (TTM):

$0.17

Return On Assets (TTM):

$0.02

Return On Equity (TTM):

$-0.05

Quarterly Revenue Growth (YOY):

-0.165

Gross Profit(TTM):

$745M

Diluted Earnings Per Share (TTM):

$-0.218

QuarterlyEarnings Growth(YOY):

-0.452

STO CashFlow Statement

CashFlow Date:

2020-12-31

Investments:

$63M

Change To Liabilities:

$-174,000,000

Total Cashflow From Investing Activities:

$-1,461,000,000

Net Borrowings:

$413M

Net Income:

$-357,000,000

Total Cash From Operating Activities:

$1.48B

Depreciation:

$1.13B

Other Cashflow From Investing Activities:

$-40,000,000

Dividends Paid:

$-136,000,000

Change To Inventory:

$8M

Change To Account Receivables:

$-30,000,000

Sale Purchase Of Stock:

$-40,249,285.90

Capital Expenditures:

$770M

STO Income Statement

Income Date:

2020-12-31

Income Before Tax:

$-397,299,402.75

Net Income:

$-463,515,969.88

Gross Profit:

$2.28B

Operating Income:

$-301,220,462.22

Other Operating Expenses:

$-105,000,000

Interest Expense:

$301.22M

Income Tax Expense:

$51M

Total Revenue:

$4.40B

Cost Of Revenue:

$2.11B

STO Balance Sheet

Balance Sheet Date:

2020-12-31

Total Liabilities:

$13.54B

Total Stockholder Equity:

$9.38B

Other Current Liabilities:

$724M

Total Assets:

$22.92B

Common Stock:

$9.01B

Other Current Assets:

$466M

Retained Earnings:

$-865,000,000

Other Liabilities:

$4.25B

Good Will:

$497.27M

Other Assets:

$1.15B

Cash:

$1.71B

Total Current Liabilities:

$1.54B

Property - Plant & Equipment:

$12.99B

Net Tangible Assets:

$6.84B

Long-Term Investments:

$537.52M

Total Current Assets:

$2.70B

Long-Term Debt:

$5.59B

Net Receivables:

$583M

Short-Term Investments:

$19.42B

Inventory:

$288M

Accounts Payable:

$365M

Non Currrent Assets (Other):

$140.22M

Short-Term Investments:

$19.42

Non Current Liabilities (Other):

$397.30M

Non Current Liabilities Total:

$11.55B

STO Share Price History

STO News

22 Feb, 2021
Kevin Gallagher became the CEO of Santos Limited ( ASX:STO ) in 2016, and we think it's a good time to look at the...
02 Dec, 2020
13:24
Yahoo! Finance
Santos Ltd (OTCMKTS: SSLZY) revealed Tuesday that it is targeting net zero emissions from its scope one and two activities by 2040.
30 Oct, 2020
The simplest way to benefit from a rising market is to buy an index fund. But if you buy individual stocks, you can do...
23 Sep, 2020
Australian shares gained more than 1% on Wednesday, tracking an overnight tech-led rebound on Wall Street, while easing border restrictions due to dwindling COVID-19 cases in Queensland and New South Wales also helped boost investor sentiment. Major Wall Street indexes Dow Jones Industrial Average , S&P 500 and Nasdaq all finished the previous session on a stronger note, led by a jump in Amazon following a stock upgrade to "outperform" by brokerage Bernstein. Market sentiment was also supported by the Reserve Bank of Australia's indication of it assessing various monetary policy options to support the country's economic recovery.
04 Aug, 2020
Australian shares rose on Tuesday by their most in two weeks, as a tech-led overnight rally on Wall Street and upbeat U.S. data helped investors look past dour domestic retail sales print and a central bank prediction the economic recovery would be bumpy. "The strong data from the U.S. following positive Chinese data earlier on Monday reaffirmed that the global economic recovery was still in place," said Kyle Rodda, market analyst for IG Australia. Meanwhile, the Reserve Bank of Australia left its cash rate at a record low of 0.25% and predicted a bumpy road to economic recovery, as the country's second-largest state Victoria remained in a virus-led lockdown.
Australian shares rose 2% on Tuesday to notch their best intraday session in two weeks after a tech-led overnight rally on Wall Street and strong manufacturing data from leading economies bolstered risk appetite. The tech-heavy Nasdaq Composite finished at an all-time high overnight as U.S. tech giant Microsoft Corp's pursuit of Chinese-owned TikTok's U.S. operations lifted sentiment. Investors also placed bets on further U.S. stimulus as Congressional Democrats and White House negotiators said they had made progress in discussions over a coronavirus relief bill.
30 Jul, 2020
(Bloomberg Opinion) -- In folklore, the will-o’-the-wisp is a spirit that lives in marshlands, beckoning night-time travelers with its mysterious light until they stumble in darkness to their demise.The phenomenon is thought to be caused by igniting swamp methane, so it’s oddly appropriate that one of the world’s largest exporters of such fossil gas seems intent on pursuing that industry to its own destruction. An Australian task force on helping the manufacturing industry recover from Covid-19 will recommend subsidies for gas infrastructure and bringing in the government as a guaranteed buyer if commercial customers don’t show sufficient demand, the Sydney Morning Herald and Age newspapers reported Wednesday.That’s an extraordinarily bad idea. Australia’s determination to use taxpayer funds to bring uncommercial gas projects online has helped swell a glut of methane in the seaborne trade over the past decade as operators including Chevron Corp., Santos Ltd., Origin Energy Ltd., Royal Dutch Shell Plc, and Woodside Petroleum Ltd. built plants capable of exporting more than 100 billion cubic meters a year. That oversupply has pushed spot prices for Asian liquefied natural gas as low as $2 per million British thermal units this year, an 80% drop on levels that prevailed a decade ago. Despite its own surging exports, that hasn’t been a win for Australia.While exports of oil and LNG now total around A$60 billion ($43 billion) a year, an immense tax offset granted to builders of export facilities worth nearly a quarter of a trillion dollars has ensured that revenues from petroleum taxes average little more than A$1 billion annually. Qatar, which is still marginally ahead as the world’s biggest LNG exporter, has built an entire economy on petroleum royalties. Australia, on the other hand, makes more than twice as much from beer excise tax.The building of the current crop of export facilities sparked a jobs boom nearly a decade ago, but that dissipated once construction ceased. Employment in oil and gas production now totals about 20,500 people. Bookings agent Flight Centre Travel Group Ltd. has a workforce about the same size as Australia’s entire upstream petroleum industry.To be sure, oil and gas extraction is now a significant sector, accounting for about A$44 billion of gross value added per year. Still, the 2.3% of gross domestic product looks like a poor return on the decades of industrial policy that were needed to develop it.The current push for further subsidies is likely to make a bad problem worse. It’s a priority for a manufacturing task force because the previous gas projects on the populous east coast were designed entirely for export, starving industry of the artificially cheap fuel that some countries (and the remote state of Western Australia) reserve for domestic use.But Australia’s industrial sector is never going to be a powerhouse worthy of such interventions. Labor costs are too high and its location too remote from global supply chains for the country to be a significant player in large-scale complex manufacturing, as demonstrated by the collapse of its car industry over the past decade.Any set-aside gas generated as a result of the proposed policies is most likely to end up used in low-value applications like explosives and fertilizer. Together. these account for just a percentage point or so of goods exports, which don’t include major services exports such as tourism and education. At a time when the European Union and Joe Biden’s presidential campaign are looking at imposing tariffs or quotas on carbon-intensive imports, the idea that gas-fired manufacturing will lead to a renaissance of Australian industry seems delusional.The ultimate problem is that from the perspective of global petroleum companies, Australia’s relatively high costs put its potential projects outside the range of viable investments — and that field is already narrowing, thanks to the recent collapse in oil prices and rise of electrified transport.Only government spending and tax shields are capable of shifting Australian projects far enough down the cost curve to make sense, but that means that they’ll always be marginal and dependent on ongoing support. A typical 30-year gas project starting development in 2020 would face challenges to getting financed in a world that hopes to eliminate carbon emissions by 2050, but plenty of projects still manage. Indeed, the 96 billion cubic meters of new LNG capacity signed off last year was a record.Investors are quite capable of finding the rare fossil fuel projects that are strong enough to make a return in a de-carbonizing world. The trouble is, it’s not seeing them in Australia. Rather than using taxpayer money to put its thumb on those scales, Australia would be better stepping back and letting the market decide.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.David Fickling is a Bloomberg Opinion columnist covering commodities, as well as industrial and consumer companies. He has been a reporter for Bloomberg News, Dow Jones, the Wall Street Journal, the Financial Times and the Guardian.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
28 Jul, 2020
Kevin Gallagher became the CEO of Santos Limited (ASX:STO) in 2016, and we think it's a good time to look at the...
24 Jun, 2020
The gas industry sees no change to the strong long-run outlook for demand following the COVID-19 crisis, but expects a supply shortfall in the next four years as the pandemic lockdowns and oil price collapse lead to delays on gas projects. "We see the need for substantial investment in new projects and new liquefaction," Exxon Mobil Corp's Australia Chairman Nathan Fay said at Credit Suisse's annual Australian Energy Conference.
21 May, 2020
Today we'll look at Santos Limited (ASX:STO) and reflect on its potential as an investment. Specifically, we're going...
15 May, 2020
Italian energy group Eni is working with investment bank Citi to sell natural gas assets in Australia that could fetch up to $1 billion, sources said. The sale, which is expected to be launched next week in a two-round process, could see Eni all but exit from Australia. Eni declined to comment, while Citi was not immediately available for comment.

STO Dividend Payments

EX-Date Dividend Amount
2010-02-24$0.1742
2010-09-01$0.1916
2011-02-23$0.1306
2011-08-24$0.1306
2012-02-24$0.1306
2012-08-22$0.1306
2013-03-01$0.1306
2013-08-22$0.1306
2014-02-27$0.1306
2014-08-27$0.1742
2015-02-25$0.1306
2015-08-26$0.1306
2016-02-24$0.0500
2018-08-28$0.0477
2019-02-26$0.0862
2019-08-27$0.0885
2020-02-25$0.0757
2020-08-25$0.0291
2021-02-23$0.0632

STO Dividends (last 11 Years)