Santos Ltd

STO

Company Profile

  • Business description

    Santos was founded in 1954. The company's name is an acronym for South Australia Northern Territory Oil Search. The first Cooper Basin gas discovery came in 1963, with initial supplies in 1969. Santos became a major enterprise, though over-reliance on the Cooper Basin, along with the Moomba field's inexorable decline, saw it struggle to maintain relevance in the first decade of the 21st century. However, the stage was set for a renaissance via conversion of coal seam gas into LNG in Queensland and conventional gas to LNG in PNG.

  • Contact

    60 Flinders Street
    Ground Floor Santos Centre
    AdelaideSA5000
    AUS

    T: +61 881165000

    https://www.santos.com

  • Sector

    Energy

    Stock type

    Sensitive

  • Industry

    Oil & Gas E&P

    Fiscal Year End

    31 December 2025

    Employees

    3,958

Stocks News & Analysis

stocks

Ask the analyst: Why does the Santos story need to end like this?

Santos’ disappointing returns over the past twenty years are mostly a result of bad timing. The timing of its potential departure from the ASX could also be unfortunate.
markets

Market Minute: Markets react to geopolitical tensions

Rising oil prices and steady interest rates dictated markets this week, prompting a shift from growth to defensive assets in Morningstar’s portfolios.
stocks

Our thoughts on takeover bid for ASX energy major Santos

Unless regulators step in, the ASX looks set to lose another icon.

Morningstar Investment Ideas

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