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Santos Limited ( (AU:STO) ) has shared an announcement.
Santos Limited has had its strong credit position reaffirmed by major credit rating agencies, including Moody’s, S&P Global Ratings, and Fitch Ratings. The reaffirmation of investment-grade ratings with stable outlooks highlights Santos’ financial stability, operational efficiency, and strategic management of production costs. These ratings underscore the company’s access to global debt capital markets and its commitment to maintaining a strong financial position while delivering value to shareholders.
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 prominent player in the energy sector, primarily focusing on the production and supply of oil and gas. The company is known for its operational and product diversity, with significant ownership and operator status across most of its assets. Santos benefits from stable gas and LNG contracts with high-quality counterparties, providing a robust foundation for its market operations.
Average Trading Volume: 12,370,550
Technical Sentiment Signal: Buy
Current Market Cap: A$24.98B
For detailed information about STO stock, go to TipRanks’ Stock Analysis page.