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    STO   AU000000STO6

SANTOS LIMITED

(STO)
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Delayed Australian Stock Exchange  -  06:24:58 2023-02-07 pm EST
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Santos - TEMPORARY SHUTDOWN OF JOHN BROOKES PLATFORM

11/29/2022 | 09:38am EST

Santos advises that a small gas leak has been identified in a subsea flange on the main gas trunkline from the John Brookes platform, offshore Western Australia to the Varanus Island gas processing facilities.

The observation of the leak occurred during routine activities on the normally un-staffed facility. The platform and pipeline were immediately shutdown and depressurised and all personnel demobilised.

Santos has notified all relevant regulatory bodies.

Santos is working with customers and other parties to manage gas supply arrangements while the leak is repaired. At this stage, it is expected repairs will take approximately four to six weeks to return to full production. Varanus Island will continue producing at reduced rates and no changes to Santos' previously communicated production market guidance is anticipated.

Contact:

General

T: +61 8 8116 5000

Santos Ltd

(C) 2022 Electronic News Publishing, source ENP Newswire

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Analyst Recommendations on SANTOS LIMITED
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Financials (USD)
Sales 2022 8 008 M - -
Net income 2022 2 557 M - -
Net Debt 2022 3 352 M - -
P/E ratio 2022 6,39x
Yield 2022 4,16%
Capitalization 16 117 M 16 117 M -
EV / Sales 2022 2,43x
EV / Sales 2023 2,75x
Nbr of Employees 3 786
Free-Float 90,9%
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Technical analysis trends SANTOS LIMITED
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TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
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Mean consensus BUY
Number of Analysts 17
Last Close Price 4,88 $
Average target price 6,38 $
Spread / Average Target 30,8%
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 Operating Officer
Yasmin Anita Allen Independent Non-Executive Director
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