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Santos Limited ( (AU:STO) ) just unveiled an update.
Santos Limited reported strong financial and operational performance for the second quarter of 2025, with a free cash flow of approximately $1.1 billion for the first half. The company achieved increased production and sales volumes, maintained an investment-grade credit rating, and made significant progress in its major development projects, including the Barossa and Pikka projects. The Moomba Carbon Capture and Storage project reached a milestone of storing one million tonnes of CO2e, and Santos received recognition for its efforts in energy technology. The company remains focused on disciplined capital management, maintaining a strong balance sheet, and adapting to market dynamics to capture value-accretive opportunities.
The most recent analyst rating on (AU:STO) stock is a Hold with a A$7.60 price target. To see the full list of analyst forecasts on Santos Limited stock, see the AU:STO Stock Forecast page.
More about Santos Limited
Santos Limited is a leading energy company primarily engaged in the exploration, development, production, and marketing of natural gas and oil. It operates in various regions, including Australia and Papua New Guinea, with a strong focus on liquefied natural gas (LNG) production and carbon capture and storage (CCS) projects.
Average Trading Volume: 11,565,337
Technical Sentiment Signal: Buy
Current Market Cap: A$24.95B
See more insights into STO stock on TipRanks’ Stock Analysis page.
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