News: OSH ASX-listed Oil Search posts 8% fall in full-year profit

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    Feb 25 (Reuters) - Australia-listed Oil Search Ltd (OSH) on Tuesday reported a 8% fall in annual profit and missed estimates, as the Papua New Guinea-focused company bagged lower prices for liquefied natural gas (LNG) and oil during the year.

    The company's net profit for the year ended Dec. 31 fell to $312.4 million, from $341.2 million a year earlier. An IBES consensus estimate from Refinitiv had expected a profit of $339 million.

    Oil Search declared a final dividend of 4.5 cents per share, down from 8.5 cents it paid in 2018.

 
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