ASX:STOOil and Gas
Assessing Santos (ASX:STO) Valuation After Barossa Project Delivers First LNG Cargo
Why Santos’ first Barossa LNG cargo matters now
Santos (ASX:STO) has shipped its first liquefied natural gas cargo from the Barossa project, after years of investment and delays, with the project reported as completed roughly six months late and on budget.
See our latest analysis for Santos.
The Barossa milestone lands at a time when momentum in Santos’ shares has been picking up, with a 1 month share price return of 13.61% and a year to date share price return of 13.98%. The 5 year total...