Santos Ltd STO

Stock XASX Rating as of Oct 28, 2026

Ramp-Up of Darwin LNG and Pikka Oil Drives Santos' Record Production

Mark Taylor Oct 22, 2026

Business Strategy and Outlook

Santos is the second-largest Australian pure oil and gas exploration and production company (behind Woodside Petroleum, ASX:WPL), with interests in all Australian hydrocarbon provinces, and Papua New Guinea. Santos is now one of Australia's largest coal seam gas producers with substantial reserves. It is the country's largest domestic gas supplier.

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Santos Ltd STO

Ramp-Up of Darwin LNG and Pikka Oil Drives Santos' Record Production

Business Strategy and Outlook

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