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Added to YB: 2025-12-16

Pitch date: 2025-09-30

STO.AX [bullish]

Santos Limited

-7.14%

current return

Author Info

No bio for this author

Company Info

Santos Limited explores, develops, produces, transports, and markets hydrocarbons in Australia and Papua New Guinea.

Market Cap

AUD 13.5B

Pitch Price

AUD 6.72

Price Target

N/A

Dividend

5.61%

EV/EBITDA

5.76

P/E

13.16

EV/Sales

3.51

Sector

Oil, Gas and Consumable Fuels

Category

growth

Show full summary:
L1 Long Short Fund Limited Portfolio Holding: Santos Limited

STO.AX (holding update): ADNOC-Carlyle takeover withdrawn after due diligence disagreements on regulatory/tax risks, especially PNG capital gains exposure. Indicative A$8.89/sh represented 28% premium. Barossa project complete, Pikka 91% done w/ Q1 26 first oil. Growth capex cycle ending = earnings/dividend inflection.

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