Santos Limited
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Kevin Thomas Gallagher FIEAust
- Full Time Employees
- 3,958
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- Santos Centre Adelaide SA Australia 5000
- IPO Date
- Jun 9, 2010
- Website
- santos.com
- Similar Companies
- Business
- Santos Limited (ASX: STO; OTC: STOSF), founded in 1954 and headquartered in Adelaide, South Australia, is a leading Australian energy company focused on the exploration, development, production, transportation and marketing of natural gas, liquefied natural gas (LNG), crude oil, condensate, naphtha, liquid petroleum gas and ethane; it operates major processing facilities including Moomba and Ballera for domestic gas supply to all mainland Australian states and territories, Darwin LNG supplied by Bayu-Undan and transitioning to Barossa gas field, Gladstone LNG for Asian export markets, and oil assets such as Pikka Phase 1 in Alaska's North Slope; the company maintains a significant presence in carbon capture and storage (CCS) with Moomba CCS achieving record Australian Carbon Credit Units in its first year, alongside emissions reduction initiatives targeting net-zero Scope 1 emissions by 2040. Santos conducts onshore and offshore operations across Australia (including Cooper Basin, Browse Basin, Timor Sea and Western Australia), Papua New Guinea, Timor-Leste and the United States, positioning it as Australia's largest natural gas supplier and a key LNG exporter to Asia with a portfolio resilient to commodity cycles and low breakeven costs below $35 per barrel. Recent developments include the Barossa LNG FPSO receiving first gas following ready for start-up in September 2025, strong first-half 2025 results with Barossa and Pikka projects on track for production start-up, progression of Pikka Phase 1 milestone achievement in July 2025, memorandums of understanding for domestic gas supply from the Narrabri Gas Project with Narrabri Council, Orica and ENGIE, a mid-term LNG supply contract with QatarEnergy Trading LLC in July 2025, and the withdrawal of the XRG Consortium's (led by Abu Dhabi National Oil Company) non-binding indicative takeover proposal in September 2025 after due diligence extensions; additionally, Santos reported robust third quarter activities in November 2025, the resignation of its Chief Financial Officer in October 2025, and continued advancement of CCS and low-carbon strategies including $745 million invested in Climate Transition Action Plan activities since 2022.
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