SANTOS LIMITED (STO)
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STO - SANTOS LIMITED

FNArena Sector : NatGas
Year End: December
GICS Industry Group : Energy
Debt/EBITDA: 1.52
Index: ASX20 | ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

Santos is Australia's number one domestic gas supplier and aims to be a leading Asia-Pacific LNG supplier. Santos was founded in 1954 and made its first significant discovery of natural gas in the Cooper Basin in 1963. the name is an acronym of South Australia Northern Territory Oil Search.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$7.29

07 Oct
2024

-0.010

OPEN

$7.29

-0.14%

HIGH

$7.32

5,330,546

LOW

$7.27

TARGET
$8.217 12.7% upside
OTHER COMPANIES IN THE SAME SECTOR
APA . BLU . COE . COI . CTP . GHY . GLL . KAR . ORG . STX . TBN . WDS .
FNARENA'S MARKET CONSENSUS FORECASTS
STO: 1
Title FY24
Forecast		 FY25
Forecast
EPS (cps) 62.1 xxx
DPS (cps) 34.4 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 11.7 xxx
Dividend Yield 4.7% xxx
Div Pay Ratio(%) 55.3% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 4.79%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.88

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 26/08 - (franking ex-di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx65.4
DPS All xxxxxxxxxxxxxxx40.2
Sales/Revenue xxxxxxxxxxxxxxx9,021.2 M
Book Value Per Share xxxxxxxxxxxxxxx691.1
Net Operating Cash Flow xxxxxxxxxxxxxxx4,542.3 M
Net Profit Margin xxxxxxxxxxxxxxx23.65 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx9.64 %
Return on Invested Capital xxxxxxxxxxxxxxx7.25 %
Return on Assets xxxxxxxxxxxxxxx4.73 %
Return on Equity xxxxxxxxxxxxxxx9.64 %
Return on Total Capital xxxxxxxxxxxxxxx9.34 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx64.8 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx1,224 M
Long Term Debt xxxxxxxxxxxxxxx7,802 M
Total Debt xxxxxxxxxxxxxxx9,026 M
Goodwill - Gross xxxxxxxxxxxxxxx2,191 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx2,748 M
Price To Book Value xxxxxxxxxxxxxxx1.10

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx3,569.0 M
Capex % of Sales xxxxxxxxxxxxxxx39.56 %
Cost of Goods Sold xxxxxxxxxxxxxxx5,919 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx234 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx734 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.7

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

03/09/2024

1

Overweight

$8.00

9.74%

Morgan Stanley anticipates a softer year ahead for both oil and LNG exposures on the ASX and lowers its industry view to In-Line from Attractive. It's thought the softer outlook will subdue company free cash flows (FCFs) and their EPS outlooks.

For upstream exploration and production, the broker expects a downside risk skew to commodity prices, and an uptick in capex and investment.

Within refining and retail, average crack spreads have fallen and the analysts note headwinds in retail fuel volumes due to consumer sentiment/cost of living concerns.

Among stocks under coverage by Morgan Stanley in the sector Overweight-rated Santos is preferred while Beach Energy (Underweight) is the least preferred. 

FORECAST
Morgan Stanley forecasts a full year FY24 dividend of 38.75 cents and EPS of 56.00 cents.
Morgan Stanley forecasts a full year FY25 dividend of 41.17 cents and EPS of 59.03 cents.

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Goldman Sachs

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Jarden

26/08/2024

2

Overweight

$8.10

11.11%

Santos reported 1H24 earnings -6% below consensus forecasts, Jarden notes, with higher-than-expected costs across production, royalties, inventory and "other" items.

The analyst is optimistic on a 3Q25 startup of Barossa (50% interest) because of positive drilling results.

Costs at Bayu Undan continued to rise and came in above the broker's estimates. Jarden revises EPS forecasts by -5% and -5.2% for FY24/FY25, respectively.

Overweight rating remains. Target falls to $8.10 from $8.25.

FORECAST
Jarden forecasts a full year FY24 dividend of 31.48 cents and EPS of 55.55 cents.
Jarden forecasts a full year FY25 dividend of 30.12 cents and EPS of 48.13 cents.
Access Extra Coverage Research History >

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