Earnings Down on Softer Volumes and Weaker Pricing
Further, E&Ps are doing more to defray emissions from their extraction operations. Santos plans 26%-30% reduction by 2030 and net-zero emissions by 2040. It also has the Moomba CCS project that ...
Australia's Santos posts lower profits and slashes dividend, but sees growth ahead
Australian oil and gas producer Santos reported a steeper-than-expected drop in annual profit and slashed its dividend by 41% ...
Santos Trims Dividend After Annual Net Profit Falls 14%
That result led Santos to lower its final dividend to 10.3 U.S. cents a share, from 17.5 U.S. cents a year earlier. The reduced dividend reflects Santos's current policy of paying out 40% of free cash ...