ASX:STOOil and Gas
Assessing Santos (ASX:STO) Valuation After Middle East Conflict Drives Oil Price Shock
Escalating conflict in the Middle East, including US and Israeli strikes on Iran and the closure of the Strait of Hormuz, has pushed oil prices sharply higher and lifted Santos (ASX:STO) as investors reassess global supply risk.
See our latest analysis for Santos.
Beyond this latest Middle East shock, Santos has been building positive momentum, with a 7 day share price return of 6.9% and year to date share price return of 18.37%, while the 1 year total shareholder return sits at 20.17%. This...