Santos

Although another year of floods in the Cooper Basin led to lower production, higher oil and gas prices propelled Santos' profits higher. Revenue for the full year rose 14% to $2.5bn resulting in an impressive 27% increase in earnings before interest, tax, depreciation, amortisation and exploration (EBITDAX, a measure of field performance) to $2.1bn. After stripping away the effect of asset sales, including the 15% selldown of Gladstone LNG (GLNG), underlying profits rose a more sedate 20% to $453m, translating to earnings per share of 48 cents from which a fully franked 15 cent dividend was declared (ex-date 24 Feb). Table 1: Santos' full-year results Full-year ending...

Although another year of floods in the Cooper Basin led to lower production, higher oil and gas prices propelled Santos' profits higher. Revenue for the full year rose 14% to $2.5bn resulting in an impressive 27% increase in earnings before interest, tax, depreciation, amortisation and exploration (EBITDAX, a measure of field performance) to $2.1bn. After stripping away the effect of asset sales, including the 15% selldown of Gladstone LNG (GLNG), underlying profits rose a more sedate 20% to $453m, translating to earnings per share of 48 cents from which a fully franked 15 cent dividend was declared (ex-date 24 Feb).

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles