Santos Narrows 2026 Production Guidance
Santos narrowed its 2026 production guidance.
Story updates
10:32:40 PM UTC
SquawkNews
Santos: Revised Production Guidance Mainly Due to Pikka Oil Project
10:42:02 PM UTC
SquawkNews
Australia's Santos ASX:STO narrowed its full-year production forecast on Thursday after delays and temporary disruptions at its Pikka oil project, even as higher realised LNG prices drove a nearly 78% jump in third-quarter sales revenue.The country's second-largest independent oil and gas producer…
11:00:51 PM UTC
SquawkNews
By David WinningSYDNEY--Santos downgraded the top end of its annual production guidance after experiencing separate disruptions at its Pikka oil project in Alaska during the three months through September.Santos on Thursday said it now expects to produce between 99 million and 102 million barrels o…