News: OSH Australia's Santos quarterly revenue jumps 66%

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    Jan 20 (Reuters) - Australian gas producer Santos Ltd (STO) on Thursday posted a 66% jump in its fourth-quarter sales revenue, boosted by strong prices and sustained demand from Asia and Europe as global economies continued to recover from the pandemic.

    For the quarter ended Dec. 31, the company logged revenue of $1.53 billion, including contribution from Oil Search since Dec. 10 when its merger with Santos became effective. It marginally missed a $1.57 billion estimate based on Refinitiv's full-year forecast and year-to-date revenues. (([email protected]; Twitter: https://twitter.com/sameer_manekar))

 
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