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    STO   AU000000STO6

SANTOS LIMITED

(STO)
  Report
Delayed Australian Stock Exchange  -  02:10 2022-09-23 am EDT
7.420 AUD   -4.26%
09/23Australian shares hit over 2-month low after Fed hike; banks drag
RE
09/21Australian court halts gas drilling after complaint by indigenous group
AQ
09/21Australia court scraps drilling permit for Santos' $3.6 bln Barossa gas project
RE
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Mining and energy stocks push Australian shares higher

07/25/2022 | 09:10pm EDT

July 26 (Reuters) - Australian shares edged higher on Tuesday, as strong commodity prices boosted mining and energy stocks, while investors braced for a likely 75-basis-point rate hike by the U.S Federal Reserve this week.

The S&P/ASX 200 index had risen 0.14% by 0021 GMT after closing little changed in the previous session.

Iron ore prices rose on Monday as hopes grew of a third-quarter economic rebound in top steel producer China, while oil prices jumped on supply fears and a dip in the U.S. dollar.

Miners jumped 1.4% to lead gains on the benchmark, with iron ore behemoths BHP Group and Rio Tinto rising more than 1% each.

Energy stocks climbed 1.4%, with oil and gas majors Woodside Energy and Santos adding 1.1% and 2%, respectively.

Financials advanced 0.31%, with three of the "big four" banks trading in positive territory.

Technology stocks dropped 0.92%, tracking losses in their Wall Streets peers as investors fretted that aggressive rate hikes could tip the U.S. economy into recession.

ASX-listed shares of Block Inc slipped 3.1%, while software company Iress skidded 6.4% and was the top loser on the sub-index.

Gold stocks fell 1.4% on weak bullion prices, with Newcrest Mining, the country's largest miner, declining 2.9%.

Among individual stocks, Woolworths Group dropped 1.5% as the country's largest supermarket chain operator said its chairman would retire in October after seven years in the role.

New Zealand's benchmark S&P/NZX 50 index rose 0.04% to 11,203.59. (Reporting by Navya Mittal in Bengaluru; Editing by Subhranshu Sahu)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
BHP GROUP LIMITED 0.55% 38.17 Delayed Quote.16.32%
BLOCK, INC. 0.61% 56.27 Delayed Quote.-65.16%
IRESS LIMITED -4.51% 10.79 Delayed Quote.-13.68%
LONDON BRENT OIL -3.99% 86.71 Delayed Quote.15.96%
NAVYA 2.31% 0.2396 Real-time Quote.-88.37%
NEWCREST MINING LIMITED -0.24% 16.75 Delayed Quote.-31.58%
S&P/ASX 200 -1.87% 6574.7 Real-time Quote.-11.69%
SANTOS LIMITED -4.26% 7.42 Delayed Quote.17.59%
WOODSIDE ENERGY GROUP LTD -2.03% 31.78 Delayed Quote.44.92%
WOOLWORTHS GROUP LIMITED -1.71% 33.89 Delayed Quote.-10.84%
WTI -5.01% 79.304 Delayed Quote.5.25%
All news about SANTOS LIMITED
09/23Australian shares hit over 2-month low after Fed hike; banks drag
RE
09/21Australian court halts gas drilling after complaint by indigenous group
AQ
09/21Australia court scraps drilling permit for Santos' $3.6 bln Barossa gas project
RE
09/21Indigenous group wins case against Santos Barossa gas project
RE
09/19Australian shares gain more than 1% on commodity, financial boost
RE
09/18Mining, gold stocks support Australian shares ahead of Fed meet
RE
09/16Australian shares end lower as cenbank flags rate hikes
RE
09/15Australian shares fall on Fed rate hike jitters
RE
09/15Australian shares end higher on strong energy stocks, job data cheer
RE
09/14Australian shares climb on energy boost, unemployment rate in focus
RE
More news
Analyst Recommendations on SANTOS LIMITED
More recommendations
Financials (USD)
Sales 2022 8 199 M - -
Net income 2022 2 674 M - -
Net Debt 2022 3 352 M - -
P/E ratio 2022 6,10x
Yield 2022 4,16%
Capitalization 16 175 M 16 175 M -
EV / Sales 2022 2,38x
EV / Sales 2023 2,48x
Nbr of Employees 3 786
Free-Float 91,9%
Chart SANTOS LIMITED
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Santos Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SANTOS LIMITED
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 16
Last Close Price 4,86 $
Average target price 6,62 $
Spread / Average Target 36,4%
EPS Revisions
Managers and Directors
Kevin Thomas Gallagher Chief Executive Officer, MD & Executive Director
Anthea Mckinnell Chief Financial Officer
Keith William Spence Non-Executive Chairman
David Banks Chief Technical & Marketing Officer
Yasmin Anita Allen Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
SANTOS LIMITED17.59%16 175
SAUDI ARABIAN OIL COMPANY7.70%2 104 278
SHELL PLC36.55%174 399
PETROCHINA COMPANY LIMITED-0.86%132 826
TOTALENERGIES SE4.21%114 422
EQUINOR ASA43.37%101 788