Santos Ltd Defies Energy Sector Losses, Opens at $7.43 Despite Yesterday’s 0.27% Drop
May 27, 2023
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Santos ($ASX:STO) Ltd, the Australian-based energy company, defied the losses seen in the Energy sector yesterday and opened at $7.43 this morning. This is despite a 0.27% decrease in share value, closing at $7.48 yesterday. Their resilient performance comes as a surprise to many given the significant losses seen in the industry, and is a testament to their strength as a company. Santos Ltd is an energy producer and supplier with interests in Australia, Papua New Guinea, and Indonesia. The company is focused on providing safe and reliable energy solutions to its customers while also aiming to generate sustainable returns for shareholders.
Additionally, they strive to uphold their core values of trust, safety, and responsibility. This commitment to quality has enabled them to become a leader in the energy sector, and is reflected in their stock performance today.
Analysis
GoodWhale has conducted an analysis of SANTOS LIMITED‘s financials and has determined that SANTOS LIMITED is a medium risk investment. Our Risk Rating takes into account both the financial and business aspects of investing in SANTOS LIMITED. While our analysis has identified some potential areas of risk, we believe that the overall risk level is moderate. However, we have detected two risk warnings in both the income sheet and the balance sheet. If you would like to access more details on these warnings, please register on our website at goodwhale.com. Our platform can provide you with more comprehensive information on the risks associated with investing in SANTOS LIMITED. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Santos Limited. More…
| Total Revenues | Net Income | Net Margin |
| 7.79k | 2.11k | 28.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Santos Limited. More…
| Operations | Investing | Financing |
| 4.56k | -1.67k | -3.4k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Santos Limited. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 28.86k | 14.01k | 4.48 |
Key Ratios Snapshot
Some of the financial key ratios for Santos Limited are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 24.5% | 46.5% | 41.3% |
| FCF Margin | ROE | ROA |
| 36.6% | 13.8% | 7.0% |
Peers
Santos Ltd is an oil and gas company that operates in Australia, the United States, and Brazil. The company is engaged in the exploration, development, production, and marketing of natural gas, crude oil, condensate, and LNG. Santos Ltd’s competitors include Winchester Energy Ltd, NuEnergy Gas Ltd, and State Gas Ltd.
– Winchester Energy Ltd ($ASX:WEL)
Winchester Energy Ltd is a Canadian oil and gas company with a market cap of 12.12M as of 2022. The company has a Return on Equity of 0.2%. Winchester Energy Ltd is engaged in the exploration, development, production and marketing of oil and natural gas in Canada.
– NuEnergy Gas Ltd ($ASX:NGY)
Nuenergy Gas Ltd is an oil and gas exploration and production company with a focus on the development of unconventional resources in the Cooper Basin, Australia. The company has a market capitalization of $35.54 million and a return on equity of -8.82%. Nuenergy is engaged in the exploration, development and production of oil and gas resources in the Cooper Basin in Australia. The company’s principal activities include the operation of the Moomba gas field and the development of the Maari oil field.
– State Gas Ltd ($ASX:GAS)
State Gas Ltd is an energy company that is engaged in the exploration, development, and production of natural gas and crude oil. The company has a market capitalization of $75.1 million and a return on equity of -2.39%. State Gas is headquartered in Brisbane, Australia.
Summary
Santos Limited is an energy sector company whose stocks opened at $7.43 this morning. Despite the losses posted by other companies in the sector, Santos Ltd managed to remain on top and close at $7.48 yesterday. Investors should consider the current market conditions before making any decisions on investing in Santos Ltd, as any changes in the sector could affect the company’s performance.
Nonetheless, the company’s overall performance has been impressive, giving investors plenty of reasons for optimism. Therefore, investors should pay close attention to any news related to Santos Ltd and act accordingly.
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