Santos Shores Up Sentiment as Bid Talks Edge Forward -- Market Talk

Dow Jones

Aug 25

0034 GMT - Santos's 1H result and extension of an exclusivity period with the XRG-led bid consortium support the energy company's stock in early trading. Santos's 1H underlying profit of US$508 million was some 3% better than the market expected, Citi says. Santos's dividend of 13.4 U.S. cents/share also topped hopes. Analyst Paul McTaggart highlights Santos's statement that the bid consortium hasn't discovered anything in due diligence to warrant it pulling its indicative takeover proposal. "We expect investors to welcome the clean process update, improved project visibility, and stronger capital returns, supporting the recent sentiment shift in Santos," Citi says. Santos rises 0.8% to A$7.82. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

August 24, 2025 20:34 ET (00:34 GMT)

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Santos's 1H underlying profit of US$508 million was some 3% better than the market expected, Citi says. Santos's dividend of 13.4 U.S. cents/share also topped hopes. Analyst Paul McTaggart highlights Santos's statement that the bid consortium hasn't discovered anything in due diligence to warrant it pulling its indicative takeover proposal. \"We expect investors to welcome the clean process update, improved project visibility, and stronger capital returns, supporting the recent sentiment shift in Santos,\" Citi says. Santos rises 0.8% to A$7.82. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 24, 2025 20:34 ET (00:34 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Santos Shores Up Sentiment as Bid Talks Edge Forward -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSantos Shores Up Sentiment as Bid Talks Edge Forward -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-08-25 08:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0034 GMT - Santos's 1H result and extension of an exclusivity period with the XRG-led bid consortium support the energy company's stock in early trading. Santos's 1H underlying profit of US$508 million was some 3% better than the market expected, Citi says. Santos's dividend of 13.4 U.S. cents/share also topped hopes. Analyst Paul McTaggart highlights Santos's statement that the bid consortium hasn't discovered anything in due diligence to warrant it pulling its indicative takeover proposal. \"We expect investors to welcome the clean process update, improved project visibility, and stronger capital returns, supporting the recent sentiment shift in Santos,\" Citi says. Santos rises 0.8% to A$7.82. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 24, 2025 20:34 ET (00:34 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4145","symbol_name":"电子制造服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2562936872","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2562936872","pubTimestamp":1756082040,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0034 GMT - Santos's 1H result and extension of an exclusivity period with the XRG-led bid consortium support the energy company's stock in early trading. Santos's 1H underlying profit of US$508 million was some 3% better than the market expected, Citi says. Santos's dividend of 13.4 U.S. cents/share also topped hopes. Analyst Paul McTaggart highlights Santos's statement that the bid consortium hasn't discovered anything in due diligence to warrant it pulling its indicative takeover proposal. \"We expect investors to welcome the clean process update, improved project visibility, and stronger capital returns, supporting the recent sentiment shift in Santos,\" Citi says. Santos rises 0.8% to A$7.82. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4145":"电子制造服务","BK7142":"石油与天然气的勘探与生产","FORD":"福沃德工业","BK7507":"资源股","BK4202":"服装、服饰与奢侈品","STO.AU":"SANTOS LIMITED"},"translate_title":"随着收购谈判的进展，桑托斯支撑了市场情绪——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FORD":1,"STO.AU":0.9},"content_text":"0034 GMT - Santos's 1H result and extension of an exclusivity period with the XRG-led bid consortium support the energy company's stock in early trading. Santos's 1H underlying profit of US$508 million was some 3% better than the market expected, Citi says. Santos's dividend of 13.4 U.S. cents/share also topped hopes. Analyst Paul McTaggart highlights Santos's statement that the bid consortium hasn't discovered anything in due diligence to warrant it pulling its indicative takeover proposal. \"We expect investors to welcome the clean process update, improved project visibility, and stronger capital returns, supporting the recent sentiment shift in Santos,\" Citi says. Santos rises 0.8% to A$7.82. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  August 24, 2025 20:34 ET (00:34 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}