ASX:STO

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ASX:STO

Dow notches best month since 1987: Local shares to open lower following profit taking in the US

01 Dec 2020 - Local shares are set to edge lower this morning. In the US Wall Street fell amid profit-taking but the but the major averages posted sharp monthly gains. Travelers an…

US futures rise as Biden win is predicted: ASX closed 0.1% lower

04 Nov 2020 - The ASX closed 0.1% lower. Nanosonics (ASX:NAN) shares rose today on the back of a positive business update. They work in infection protection solutions. As for the s…

Santos, (ASX:STO) signs new gas deal with WA-based Kleenheat

04 Nov 2020 - Santos, (ASX:STO) Western Australia’s biggest domestic gas producer, today announced a new gas sales agreement to supply natural gas to Western Australian energy solu…

ASX dashes ahead on Cup Day: Aus shares 1.7% higher at noon

03 Nov 2020 - The Australian stock market has dashed forward into 6000s territory this morning, as stock punters are betting on a rate cut on Cup Day. All sectors are in the black…

Focus on STO, MYX and IRI

07 Oct 2020 - CEO Chris Pedersen looks at Santos (ASX:STO), Mayne Pharma Group (ASX:MYX) and Integrated Research (ASX:IRI).

US debate dubbed a 'train wreck': ASX closed 2.3% lower

30 Sep 2020 - The ASX failed to gain momentum today closing 2.3 % lower. Wall Street futures plummeted quickly at the conclusion of the US presidential debate earlier today. Marred…

JobKeeper and JobSeeker extended at lower rates: Aus shares close 2.6% higher

21 Jul 2020 - The Australian share market rose at the open and continued to rally throughout the day closing 2.6 per cent up at the end of trade. JobKeeper payments have been exten…

The Morrison government to keep JobKeeper til March: ASX tracking 1.2% higher at noon

21 Jul 2020 - The ASX rallied on the news the government will extend its Jobkeeper allowance until at the end of September to $1200 a fortnight for full-time workers and to $750 fo…

Market surpasses 6000-point level: ASX closed 2.4% higher

09 Jun 2020 - The ASX rose at the open and managed to close 2.4% higher. The banks gave the market a boost today. Virgin Money UK (ASX:VUK) and Credit Corp Group (ASX:CCP) shares d…

Market's worst session since GFC: Aus shares close 7.3% lower

09 Mar 2020 - The Australian share market haemorrhaged value today in what was its worse session since the global financial crisis. At the closing bell, the S&P/ASX 200 index close…

Energy sector plummets 18.4% on oil price war: Aus shares drop 5.5% at noon

09 Mar 2020 - The coronavirus panic which plagued the international markets in late trade last week has now thrust the Australian market below the 6000-point mark. The S&P/ASX 200 …

RBA cuts rates to 0.5%: ASX closes 0.7% higher

03 Mar 2020 - The ASX rose at the open and the local bourse managed to close 0.7% higher. The Reserve Bank of Australia delivered a 25-basis-point cut, taking the cash rate to the …

Santos (ASX:STO) see major contracts awarded for the Barossa Project

03 Mar 2020 - Santos (ASX:STO) today announced the award of contracts for the supply and installation of subsea infrastructure for the Barossa project.

Santos (ASX:STO) full-year underlying profit down 1%

20 Feb 2020 - Santos (ASX:STO) has delivered full-year underlying profit of $US719 billion ($1.08 billion), which was 1 per cent down on 2018 when it stood at $727 billion.

Economics, CBA, RIO, CHC, KAR & STO

15 Jan 2020 - Fund Manager Chris Pedersen discusses economic news this week, Commonwealth Bank of Australia, Rio Tinto, Charter Hall Group, Karoon Energy, Santos.

Shares in oOh!Media (ASX:OML) shoot up on earnings upgrade: ASX tracking 1.5% lower at noon

04 Dec 2019 - The ASX dropped at the open following falls from Wall Street. It is now tracking 1.5% lower at noon. Shares in oOh!Media (ASX:OML) shot up after they upgraded their F…

Santos (ASX:STO) production 7% higher than the second quarter

17 Oct 2019 - Santos (ASX:STO) released their third quarter activities report showing record production and sales volumes and the second highest quarterly sales revenue on record.

Market comment, US election, Pairs Trade, NSR, Upgrades and downgrades

16 Oct 2019 - Fund Manager Chris Pedersen comments on markets, the US election, Pairs Trade, NSR, upgrades & downgrades.

Bell Potter upgrades a2 Milk (ASX:A2M): Aus shares close 0.5% higher

14 Oct 2019 - The Aussie share market managed to carve out gains for its third consecutive session finishing 0.5% higher. The majority of sectors closed in the green with Energy ou…

MedAdvisor (ASX:MDR) pens deal with Chemist Warehouse: Aus shares 0.8% higher at noon

14 Oct 2019 - The Australian share market opened higher this morning following strong economic headwinds from the US and Europe, including winds of change in the US-China trade war…

Santos (ASX:STO) acquires ConocoPhillips’ northern Australia assets

14 Oct 2019 - Santos (ASX:STO) is set to acquire ConocoPhillips’ northern Australian assets which includes the Darwin liquefied natural gas (LNG) plant and the Barossa gas venture …

All sectors close in positive territory: ASX closed 0.5% higher

08 Oct 2019 - It has been a positive day of trade for the ASX with gains across the board - after a rise at the open the local bourse managed to track sideways to close 0.5% higher…

Santos reports (ASX:STO) strong Caley reservoir flow

08 Oct 2019 - Oil and gas giant Santos (ASX:STO) has announced that the initial flow test of the Caley reservoir in Western Australia has confirmed the main oil pool in the field i…

Santos in another major Barossa contract award

26 Sep 2019 - Santos (ASX:STO) today announced the Barossa project has taken another big step towards a Final Investment Decision early next year with the award of the gas export p…