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Santos posts revenue drop, production fall

SANTOS revenue is down 14% over the prior quarter as lower commodity prices and falling production hit its bottom line.

Santos posts revenue drop, production fall

Revenue was US$1.63 billion in the first three months of 2023 over $1.89 billion the prior quarter. Free cash flow stood at $720 million. It had completed $466 million of its $700 million share buyback. ...

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