Santos Ltd STO

Morningstar Rating

Free Cash Flow to Climb For Santos Now Major Project Spend Is Easing

Business Strategy and Outlook

Santos is the second-largest Australian pure oil and gas exploration and production company (behind Woodside Petroleum, ASX:WPL), with interests in all Australian hydrocarbon provinces, and Papua New Guinea. Santos is now one of Australia's largest coal seam gas producers with substantial reserves. It is the country's largest domestic gas supplier.

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