Santos Limited (SSLZY) Research

Santos Limited, an Australian energy company established in 1954 and based in Adelaide, is a full-spectrum operator in the hydrocarbon sector. It manages the exploration, development, production, transportation, and sale of energy resources for both residential and industrial consumers throughout Australia and the wider Asia Pacific region. The company's core operations are anchored by five major asset hubs: the Cooper Basin, Queensland and New South Wales, Papua New Guinea, Northern Australia and Timor-Leste, and Western Australia. Additionally, Santos maintains an operational presence in Alaska. Beyond its traditional oil and gas ventures, the firm actively participates in the advancement of carbon capture and storage (CCS) technologies. Its comprehensive product range encompasses crude oil, natural gas, liquefied natural gas (LNG), liquefied petroleum gas (LPG), ethane, methane, coal seam gas, shale gas, and condensate. As per its assessments, Santos possesses proved and probable reserves totaling 1,676 million barrels of oil equivalent.

Market snapshot

Symbol
SSLZY
Price
$5.24
Day change
+1.26%
Market cap
$16.6B
P/E ratio
20.10x
52-week range
3.91-5.98
Sector
Energy
Industry
Oil & Gas Exploration & Production
Next earnings
in 2 months
Analyst price target
$7.30

Recent news

  • Australia's Santos aims to slash net debt by $2.5 billion, focus on LNG output

    Santos aims to trim net ​debt by $2.5 billion by 2030 and focus ‌its investment in major oil and liquefied natural gas production to develop regions with tier-1 basins, ​Australia's No.2 oil and gas producer ​said on Tuesday.

  • Australia's Santos achieves first oil at Pikka project in Alaska

    Santos , Australia's no.2 ​oil and gas producer, said ‌on Monday it had achieved first oil from the first phase of ​its Pikka development project in ​the U.S. state of Alaska.

  • Santos says gas tax proposal caused reputational damage to Australia

    The head of energy producer Santos on Tuesday said Australia's reputation as a stable destination for energy investment ​has been damaged by a proposal to impose ‌a 25% gas-export tax, even after the federal government stepped back from the plan.

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