Aug 23 (Reuters) - Santos Ltd (STO) , Australia's second-largest independent gas producer, reported on Thursday a near doubling in first-half underlying profit and revived its dividend, scrapped more than two years ago, after slashing debt.
Underlying profit for the half-year ended June 30 rose to $217 million from $109 million a year earlier, beating a forecast of $189 million from Royal Bank of Canada.
Santos declared an interim dividend of $0.035 a share. It suspended dividends in 2016, diverting cash to pay down debt which peaked for the construction of its Gladstone liquefied natural gas (LNG) project just as oil prices collapsed.
Aug 23 (Reuters) - Santos Ltd (STO) , Australia's...
Add STO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.72 |
Change
0.030(0.45%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.74 | $6.77 | $6.72 | $43.42M | 6.449M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 104139 | $6.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.73 | 10465 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
