Earnings Alerts

Santos Ltd (STO) Earnings: Strong 2Q Production and Sales Revenue Boost

  • Production: Santos produced 22.2 million barrels of oil equivalent (mmboe) in the second quarter.
  • Sales Volume: The company’s sales volume reached 23.2 mmboe.
  • Sales Revenue: Santos generated $1.31 billion in sales revenue during this period.
  • Capital Expenditure: The capital expenditure for the quarter was $774 million.
  • Average Realized LNG Price: The average realized price for Liquefied Natural Gas (LNG) was $11.47 per mmBtu.
  • Average Realized Oil Price: The average realized price per barrel of oil was $89.48.
  • Analyst Ratings: The company has been rated with 12 buys, 3 holds, and 1 sell.

A look at Santos Ltd Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Santos Ltd seems to have a promising long-term outlook. With strong scores in Value, Dividend, Growth, and Momentum, the company appears to be well-positioned for future success. However, its lower score in Resilience may indicate some potential vulnerability to market fluctuations or external risks that could impact its performance.

Santos Ltd is a company that explores and produces natural resources like natural gas and crude oil across various regions, including Australia, the United States, Indonesia, and Papua New Guinea. Their operations involve major onshore and offshore petroleum exploration activities, along with the transportation of crude oil through pipelines. With consistently high scores in key areas like Value, Dividend, Growth, and Momentum, Santos Ltd shows strong potential for continued growth and performance in the energy sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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