STO 0.13% $7.52 santos limited

News: STO Woodside CEO says precedent for M&A in oil and gas sector is for low to no premium

  1. 188,751 Posts.
    lightbulb Created with Sketch. 2765

    Woodside Energy (WDS) CEO Meg O'Neill said on Wednesday the precedent for mergers in the oil and gas sector was for low to no premium, when asked about a proposed merger with Santos (STO) .

    "I would note there have been a number of mergers announced within the last three or four months in the oil and gas sector, in both Europe and the US and the precedents for our sector is really low to nil premium," O'Neill said in an interview following the company's fourth quarter results.

    She declined to comment specifically on the proposed merger, which Woodside has said is at an early stage.

 
watchlist Created with Sketch. Add STO (ASX) to my watchlist
(20min delay)
Last
$7.52
Change
0.010(0.13%)
Mkt cap ! $24.21B
Open High Low Value Volume
$7.52 $7.54 $7.43 $15.07M 2.016M

Buyers (Bids)

No. Vol. Price($)
56 35425 $7.51
 

Sellers (Offers)

Price($) Vol. No.
$7.52 20659 31
View Market Depth
Last trade - 12.46pm 05/06/2024 (20 minute delay) ?
Last
$7.52
  Change
0.010 ( 0.04 %)
Open High Low Volume
$7.52 $7.53 $7.43 845592
Last updated 13.03pm 05/06/2024 ?
STO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.