Santos’ current capex heavy production growth strategy is not the optimal strategy to maximise shareholder returns, with a capital return strategy offering more value and less risk.
“Santos’ growth strategy: will it deliver for shareholders?” shows that the portfolio of oil and gas projects Santos is targeting for Final Investment Decision (FID) within the next two years appears to generate modest value for shareholders. The projects are the Papua LNG project, Narrabri gas project, and Dorado oil project.
New research: Santos' Growth Strategy
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| Open | High | Low | Value | Volume |
| $7.51 | $7.54 | $7.48 | $30.18M | 4.024M |
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| No. | Vol. | Price($) |
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| 2 | 3936 | $7.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $7.49 | 33744 | 2 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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| $7.50 | $7.54 | $7.48 | 1646634 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
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