Santos Reports Higher 2025 Proved Plus Probable Reserves

MT Newswires Live

02/11

Santos (ASX:STO) said it had proved plus probable reserves of 1.48 billion barrels of oil equivalent (boe) at the end of 2025, up 13 million boe from the prior year before production, according to a Wednesday filing with the Australian bourse.

The company also expects full-year 2025 revenue from contracts with customers of around AU$4.94 billion.

Shares were down nearly 1% in recent trading on Wednesday.

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