- The average realized LNG price per mmBtu from Santos surpassed estimates, hitting $12.68 over the predicted $12.20.
- Santos reported a production yield of 21.8 mmboe.
- A higher volume of sales was observed, totalling 23.2 mmboe.
- The sales revenue generated by Santos reached a high of $1.40 billion.
- There was significant capital expenditure from Santos, amounting to $686 million.
- The average realized oil price per barrel marked an increase too, recording $89.14, which beat the estimate of $81.94.
- For Santos, there are currently 12 buy ratings, 3 hold ratings, and 1 sell rating.
A look at Santos Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
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
Analysts are optimistic about the long-term outlook for Santos Ltd, a company engaged in the exploration and production of natural gas, crude oil, and other petroleum products. Based on the Smartkarma Smart Scores, Santos has received strong ratings across various factors such as Value, Dividend, Growth, and Momentum, indicating favorable prospects in these areas. However, the company scored lower in Resilience, suggesting some potential vulnerability in this aspect.
Santos Limited’s activities span major onshore and offshore petroleum exploration sites in countries like Australia, the United States, Indonesia, and Papua New Guinea. With its solid performance in key areas highlighted by the Smart Scores, Santos is poised to capitalize on its strengths for long-term growth and value creation, despite facing some resilience challenges as indicated.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
