Santos Should Lay Out Strategic Plans at Annual Result -- Market Talk

Dow Jones
Feb 05

2215 GMT - The briefing by Santos's management will be an important feature of its Feb. 18 result, says Macquarie. That's because it's the first chance for Santos to lay out strategic plans following the failed takeover campaign by the XRG-led consortium. "Santos's growth is now de-risking rapidly," says Macquarie. Santos's Barossa natural-gas project is online and it will soon produce oil at its Pikka Phase 1 project in Alaska. What's next? "Papua and Moomba Central both add value," Macquarie says. It expects the Beetaloo basin is becoming a strategic priority as this can fill a second processing unit at the GLNG export plant. "We would like to see more active trading of certain assets where they are more highly valued by others (eg. Beach/SGH)," Macquarie adds. (david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

February 04, 2026 17:15 ET (22:15 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10