STO
Director Trades
| Date | Director | Value |
|---|---|---|
| 19/2/25 | M. Werror | $96,904 |
| 19/2/25 | V. McFadden | $157,920 |
| 19/2/25 | J. Lydon | $199,773 |
| 20/2/25 | K. Spence | $200,003 |
| 9/3/25 | V. McFadden | $72,960 |
| 9/3/25 | K. Spence | $99,797 |
| 12/3/25 | J. McArdle | $186,000 |
| 12/3/25 | J. McArdle | $292,500 |
| 13/3/25 | M. Utsler | $62,000 |
| 24/9/25 | John Gerard Lydon | $249,723 |
Company News
Santos Focused on Future Growth After Abu Dhabi Consortium Withdraws $31b Takeover Bid
For the second time in 18 months, a potential suitor has walked away from a proposed takeover of leading Australian oil and gas company Santos (ASX: STO). XRG – the foreign investment arm of the Abu Dhabi National Oil Company (ADNOC) and its bidding partners – announced overnight the withdrawl of their $31 billion offer […]
Regulatory roadblocks threaten to derail ADNOC’s proposed $30b takeover of Santos
Industry experts are already suggesting that the $30 billion takeover bid for Santos (ASX: STO) by global oil and gas giant the Abu Dhabi National Oil Company (ADNOC) is looking less likely to succeed. While the Santos board has indicated it is willing to back the move, there is a growing feeling that the foreign […]
Santos board indicatively backs proposed $30b takeover bid from Abu Dhabi oil giant ADNOC
The board of Santos (ASX: STO) has indicated its willingness to back a $30 billion takeover bid by global oil and gas giant the Abu Dhabi National Oil Company (ADNOC). The non-binding bid is led by the XRG Consortium – the international investment arm of the Abu Dhabi business – that includes the Abu Dhabi […]
Drilling success at Queensland’s Taroom Trough could undercut gas reservation debate
While federal opposition leader Peter Dutton’s plan to enforce a gas reservation policy on the east coast of Australia is creating major angst within the nation’s energy industry, recent drilling success in central Queensland could make it a moot point in the long term. Global energy major Shell, leading Australian gas supplier Santos (ASX: STO) and […]
Tamboran Resources-Santos partnership eyes Beetaloo Basin for Darwin LNG expansion
Australian junior Tamboran Resources (ASX: TBN) and energy major Santos (ASX: STO) are joining forces to investigate the potential of adding the world-class gas assets of the Beetaloo Basin to a possible Darwin LNG (DLNG) Train 2 expansion. The companies have signed a non-binding memorandum of understanding to undertake technical studies on the jointly-owned (Santos […]
Middle Eastern giants Saudi Aramco and ADNOC eye Santos for takeover bid
Leading Australian oil and gas producer Santos (ASX: STO) is once again rumoured to be in the crosshairs as a potential takeover target. It seems that every year, the Australian energy company’s suite of oil and gas assets are rumoured to be on someone’s shopping list. This time it is giant Middle Eastern petroleum producers […]
Santos clear to resume $5.8b Barossa gas project after Federal Court decision
After nearly 18 months of dealing with legal issues, Santos (ASX: STO) is now free to continue progressing the $5.8 billion Barossa gas project off the north coast of Australia. The company and broader energy industry have both welcomed the decision by the Federal Court of Australia to dismiss an application and discharge an injunction […]
Woodside and Santos confirm merger talks that would reshape global energy landscape
Australia’s two leading local oil and gas companies, Woodside Energy (ASX: WDS) and Santos (ASX: STO), have officially confirmed they are involved in discussions that would create a mega petroleum business. In separate statements to shareholders and the media, Woodside and Santos confirmed speculation that they have been in talks regarding a potential merger. “Discussions […]
ATO report reveals almost one-third of large corporations paid no income tax
Almost one-third of large corporations including more than half of Australia’s major mining, energy and water companies paid no income tax for financial year 2021, according to new government research. The ninth corporate tax transparency report released this week by the Australian Taxation Office (ATO) has named and shamed 831 big businesses (or 31% of […]
Can dividends rescue the Australian share market?
There is little doubt that world markets are in a really tough spot as interest rates follow inflation upwards, with both stubbornly tracking higher than most observers anticipated. The one consolation for Australian investors is that we seem to be outperforming the major markets on the way down – that is, we are falling less […]