Santos posts 25% fall in full-year profit

Reuters

02/18

Feb 18 (Reuters) - Australian oil and gas producer Santos Ltd STO.AX on Wednesday posted a 25% fall in annual profit, hit by weaker commodity prices and Cooper Basin flooding earlier in the year that disrupted operations.

The country's second-largest independent gas producer's underlying profit was at $898 million for 2025, compared with $1.20 billion a year earlier and the Visible Alpha consensus estimate of $904 million.

(Reporting by Shivangi Lahiri in Bengaluru; Editing by Sriraj Kalluvila)

((Shivangi.Lahiri@thomsonreuters.com;))

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