STO 0.58% $6.92 santos limited

Ann: Update - Dividend/Distribution - STO, page-35

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    The answer may be in 2 related issues . PNG and OSH... when they can offload the Alaskan appendage and pay down some more debt,( currently $5.2 billion equaling a gearing ratio 27.5%) things may change for the better.
    In the meantime: " 2022 free cash flow sensitivity of >$450 million for every $10 above the breakeven oil
    price, before hedging" in other words ..truck loads of cash on the way.
 
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