STO 4.17% $8.00 santos limited

santos will succeed under the new Government because it is...

  1. 34,131 Posts.
    lightbulb Created with Sketch. 890
    santos will succeed under the new Government because it is Australian. Adelaide, Perth and Brisbane are in Australia or at least they still should be under the incoming ALP Government.

    Incoming Government might favor Santos compared to the others, especially multinationals like Shell, BP, Chevron, ConocoPhillips, I doubt the multinational oil and gas explorers will stick around down in Australia if Labor and the regulators take control.

    R.I.P. Oil and gas MNCs in AUstralia. The heavier regulation and lack of continuance of the Deep South “lite” regulation of contemporary Australia will see an exodus of MNCs especially in oil and gas IMHO. IMHO MNCs have low tolerance for lower profits and heavier regulation brings lots of costs so they will leave IMHO.
    Last edited by JCoure: 03/05/22
 
watchlist Created with Sketch. Add STO (ASX) to my watchlist
(20min delay)
Last
$8.00
Change
0.320(4.17%)
Mkt cap ! $25.98B
Open High Low Value Volume
$7.99 $8.18 $7.94 $124.3M 15.45M

Buyers (Bids)

No. Vol. Price($)
14 21491 $7.99
 

Sellers (Offers)

Price($) Vol. No.
$8.00 51505 26
View Market Depth
Last trade - 14.08pm 04/07/2024 (20 minute delay) ?
STO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.