ASX:STO

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ASX:STO

CSL (ASX:CSL) reports a 44% jump in NPAT: ASX closes flat at 6,886 points

18 Feb 2021 - The S&P/ASX 200 Index closed 0.01 per cent or 1 point higher at 6,886 points. The best performing stock is Treasury Wine Estates (ASX:TWE) rising 17.5% despite report…

Santos (ASX:STO) reports 60% fall in NPAT for full year 2020

18 Feb 2021 - Gas supplier Santos (ASX:STO) reports underlying net profit after tax fell 60% to US$287 million for their full year 2020, down US$432 million than 2019.

Santos (ASX:STO) annual production 18% above prior year

21 Jan 2021 - Santos (ASX:STO) has recorded annual production of 89 million barrels of oil equivalent for their fourth quarter, 18 per cent above the prior year and at the top end …

ASX heads south: Materials sector drags on market BHP, Rio push lower

18 Jan 2021 - The local bourse has fallen in the first two hours of trade with gains in the health care sector unable to offset losses in the materials sector. The S&P/ASX 200 inde…

Employment ads surged 9.2% in December: ASX closes 0.03% down

05 Dec 2021 - The ASX closed almost flat today, 2 points down or 0.03 per cent lower at 6,682. Shares in Silver Lake Resources (ASX:SLR) rose today. Zip Co (ASX:Z1P) shares are dow…

Santos (ASX:STO) make final investment decision for Bayu-Undan infill

05 Jan 2021 - Santos, (ASX:STO) as operator of the Bayu-Undan Joint Venture, has made a final investment decision for the US$235 million Phase 3C infill drilling program at the Bay…

Shares slide on the last day of 2020: ASX closes 1.4% lower

31 Dec 2020 - The ASX ended 1.4% lower after failing to gain momentum after a drop at the open. Gold Road Resources (ASX:GOR) rose almost four per cent today while shares in GUD Ho…

Santos (ASX:STO) nominate new ENN non-executive director

31 Dec 2020 - Santos (ASX:STO) reports that Yujiang (Eugene) Shi will be appointed to the Board as the ENN nominated non-executive director effective from today.

US Dollar, Soaring iron ore and steepening yield curve

09 Dec 2020 - Fund Manager Chris Pedersen discusses the impact of the US Dollar Index on the Australian Dollar, soaring iron ore and the steepening yield curve, suggesting a few mo…

Santos (ASX:STO) inks 10-year LNG deal with Mitsubishi

07 Dec 2020 - Santos (ASX:STO) has inked a 10-year agreement to sell liquefied natural gas (LNG) to a unit of Japan's Mitsubishi Corp from its Barossa project.

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.