✕
MARKETS

Santos reports record sales revenue, drops capex 

SANTOS has reported a sales revenue for the year to date rising 86% over the same time a year ago as oil and gas prices rise and the company realises more value from its merger with Oil Search. Revenue was US$5.9 billion for the nine months to September 30, and free cash flow hit a record $2.7 billion. 

Helen Clark
Santos reports record sales revenue, drops capex 

This is a rise of 194%. Quarterly free cash flow was $1 billion, which reduced its gearing to 20.8%. Its merger with Oil Search completed mid-December, and so far the company has realised  $112 million...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

MOST POPULAR

1
OPERATIONS

Allseas hits key milestone in Santos Barossa pipelay project

2
EXPLORATION

Empire Energy bags A$71.5mn to drill in Beetaloo

3
OPERATIONS

High Court to rule on Chevron vs CKJV legal saga

4
EXPLORATION

Vintage Energy avoids more investor scrutiny

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

Content
About
Solutions
Legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902

Login