ASX:STO 9 June 2026 - 30 June 2026

Santos clinches 200 PJ Cooper Basin gas deal, sets savings target as Pikka ramp looms

Santos jumps 5.8% as ASX slides

Santos Limited finished up strongly Wednesday, jumping 5.78% to A$7.50. Investors returned to Australian energy stocks after another move up in oil prices. The shares gained A$0.41 from the previous close at A$7.09 and changed hands in a tight A$7.30 to A$7.55 range. Energy led gains as the S&P/ASX 200 slipped 0.21% to 8,785.10. Woodside Energy added 3.22% and Ampol was up 1.37%, even as the rest of the market dropped, a market report said.
July 8, 2026
Santos clinches 200 PJ Cooper Basin gas deal, sets savings target as Pikka ramp looms

Santos clinches 200 PJ Cooper Basin gas deal, sets savings target as Pikka ramp looms

Santos Limited heads into Tuesday’s ASX trade with a fresh domestic gas deal, but the main story is the contract’s effect on Cooper Basin cost life, not immediate earnings. The stock hadn’t changed hands yet as of the dateline. The Australian Securities Exchange trades out of Sydney, open weekdays from 9:59 a.m. to 4:00 p.m. AEST. ASX is not scheduled to close on June 30 in 2026, according to its holiday calendar.
June 30, 2026
Santos stock trades as Brent slide weighs, Pikka project in focus

Santos stock trades as Brent slide weighs, Pikka project in focus

Santos Limited is starting the week with Alaska’s Pikka project up and running, giving the company a more direct oil position than last month. Brent crude just saw a sharp weekly drop. Santos shares last changed hands at A$7.14, up 1.42% Friday. The ASX 200 wrapped up at 8,764.20, up 0.18% Friday but down 0.7% for the week. ASX cash market stayed shut in overnight close as of writing. The pre-open will begin at 07:00 Sydney time, with regular trading from 09:59:45 to 16:00. June 29 isn't labeled a market holiday on the ASX.
June 28, 2026
Pikka progress in focus for Santos after oil drops this week

Pikka progress in focus for Santos after oil drops this week

Santos Limited is set for the week with its Alaska plans looking clearer, but oil prices are softer. Shares closed at A$7.14 Friday, up 1.42% on the day. Over five days, the stock dropped 2.59%. Year-to-date, STO has gained 15.72%, according to MarketScreener data. The Australian market was shut for the weekend. Santos isn’t focused on Friday’s bounce. The problem is the gap between Pikka’s current output and what Santos has to see by the third quarter.
June 26, 2026
Santos share price falls 2.8% as Pikka ramp raises oil-price exposure

Santos share price falls 2.8% as Pikka ramp raises oil-price exposure

Santos Limited enters Friday with more direct oil-price exposure just as crude markets swing on news from the Strait of Hormuz. The shares fell 2.8% to A$7.04 on Thursday, against a 0.7% fall in the S&P/ASX 200. Woodside Energy Group also lost 2.9%, closing at A$27.43. The similar declines point to crude prices, rather than a fresh Santos operating problem, as the main driver of Thursday’s selling.
June 25, 2026
Santos (ASX:STO) stocks watch Brent as Pikka output rises

Santos (ASX:STO) stocks watch Brent as Pikka output rises

Santos shares will open Thursday after hitting a fresh production mark and seeing lower oil prices. The stock dropped A$0.07 on Wednesday, moving in a range from A$7.16 to A$7.38. Trading volume was 10.79 million shares. The S&P/ASX 200 finished up 0.24% at 8,808.4. Santos trailed the index by 1.20 percentage points. Energy names and miners traded weaker than other sectors.
June 25, 2026
Santos (ASX:STO) steadies at A$7.30 as Brent drop puts Pikka finances in focus

Santos up slightly after Pikka reaches quarter of goal, first oil still needs A$2.6 billion

Santos Ltd said output at its Pikka oil project is steady at around 20,000 gross barrels a day, or about a quarter of where the group wants it for the third quarter. Shares closed Tuesday up 0.14% at A$7.31. Santos’s share price didn’t move much, even though Pikka is big compared to its current production. The project could bring in 12.1 mmboe a year for Santos at full run, which is about 14% of the group’s 2025 forecast of 87.7 mmboe. Costs are expected below $8 for each barrel of oil equivalent. Mmboe stands for million barrels of oil equivalent, which combines oil and gas output.
June 23, 2026
Santos (ASX:STO) steadies at A$7.30 as Brent drop puts Pikka finances in focus

Santos (ASX:STO) steadies at A$7.30 as Brent drop puts Pikka finances in focus

Santos finished Monday at A$7.30. Shares moved from A$7.26 to A$7.39 during the session. The stock’s lackluster end comes as an overnight drop in crude hasn’t yet shown up in the Sydney close for Australia’s second-biggest independent oil and gas name. Brent slipped $3.11, or 3.86%, trading at $77.46 a barrel as of 1:57 p.m. EDT with U.S.-Iran talks making progress and the Strait of Hormuz staying open. Washington gave the green light for Iranian oil and product sales through August 21. UBS analyst Giovanni Staunovo described those Iranian barrels as “additional supply for the market.”
June 22, 2026
Santos shares slide 9% over the week as oil risk premium slips

Santos shares look set for a shaky open on the ASX after losing 9.5% this week

Santos shares are in the spotlight ahead of the open Monday with oil risk returning after Iran claimed the Strait of Hormuz was closed again and U.S. President Donald Trump warned of more strikes. The stock ended last at A$7.30, before these weekend headlines. The ASX cash market is still closed. Timing is key. Roughly 20% of global oil and LNG goes through Hormuz. Shipping started picking up again late last week, but it’s still running below where it was before the conflict. Iran was asking for transit permits.
June 21, 2026
Santos shares slide 9% over the week as oil risk premium slips

Santos shares slide 9% over the week as oil risk premium slips

Santos Limited shares are set to open in Sydney on Friday, after slipping 9.2% since June 11. The stock ended Thursday at A$7.33, off 0.4%. The ASX cash market was closed at the cutoff and will reopen later Friday. Santos is facing a different market discussion after oil’s supply-risk premium started to fade. The Australian oil and gas producer is now back to trading on project delivery and debt reduction, as the retreat in prices has shifted the immediate story.
June 18, 2026
Woodside Energy Shares Dip to A$28.62 After Oil Pulls Back; Company Says No Exxon Talks

Woodside Energy Shares Dip to A$28.62 After Oil Pulls Back; Company Says No Exxon Talks

Woodside Energy Group shares closed at A$28.62 on Thursday, down 1.2%. The stock hit its session low at the close, bringing its two-day loss to about 4.7%. Volume was 6.6 million shares. Woodside shares slid as outside forces hit the stock. The S&P/ASX 200 Energy index shed 1.16% on Thursday, with investors cutting earnings forecasts for oil firms. Woodside supplies a lot of liquefied natural gas, or LNG, which is natural gas cooled into a liquid for shipping.
June 18, 2026
Oil drop hits Santos as rest of ASX pushes higher

Oil drop hits Santos as rest of ASX pushes higher

Santos Limited will start Thursday’s Australian trade lower after shares ended at A$7.36 on Wednesday, off 1.21%. The session saw a wider market move out of energy stocks. ASX’s regular hours—09:59:45 to 16:00 in Sydney—were still to come at the time. S&P/ASX 200 closed 0.5% higher at 8,966, touching a 20-day high, but that masked a rough session for energy stocks. Energy dropped 2.2% and was the day’s weakest group. Tech, materials and consumer discretionary shares did most of the work.
June 17, 2026
Santos steady post-oil spike; Barossa, Pikka, July update next up

Santos steady post-oil spike; Barossa, Pikka, July update next up

Sydney, June 16, 2026, 16:40. Santos Limited ended up on Tuesday, with shares up A$0.06 at A$7.45 for a 0.81% gain. That followed a tough session Monday when the oil and gas stock dropped from A$8.07 to A$7.39. Shares traded between A$7.37 and A$7.53 during the day. The S&P/ASX 200 ended Monday nearly flat at 8,917.70, leaving Santos under pressure.
June 16, 2026
ASX 200 closes flat after RBA rate pause as banks and energy offset tech losses

ASX 200 closes flat after RBA rate pause as banks and energy offset tech losses

Australian shares finished almost unchanged on Tuesday, with the S&P/ASX 200 clawing back early weakness after the Reserve Bank of Australia kept interest rates on hold. The benchmark index, which S&P Dow Jones Indices describes as Australia’s main institutional investable benchmark for the 200 largest eligible ASX-listed stocks by float-adjusted market capitalisation, closed at 8,917.7, up just 0.04%. “Float-adjusted” means the index gives weight to shares available for public trading, rather than all shares on issue. The rate decision mattered because the cash rate is the RBA’s key short-term interest rate, and changes in it flow through to mortgages, business borrowing costs, bond yields and equity valuations. The RBA held the target at 4.35% after three increases earlier this year,
June 16, 2026
Santos falls as oil slide weighs on ASX energy stocks

Santos falls as oil slide weighs on ASX energy stocks

Santos Limited shares tumbled Monday, sliding with the ASX energy sector while the broader Australian market pushed higher. The stock ended at A$7.39, off 8.43% from its last close at A$8.07. The session saw Santos trade between A$7.35 and A$7.94, according to Investing.com, with a 52-week range of A$5.90 to A$8.24. The drop came as the S&P/ASX 200 touched a two-month high, but energy names fell 5.06% after crude oil retreated. Santos shares got hit because it's an oil and gas company, and when crude drops, so do projected sales and cash flow. Brent crude slid $4.11, or 4.71%, to $83.22 a barrel by early Monday afternoon in New York. WTI crude was down 5.11% at $80.54. Reuters reported the
June 15, 2026
Santos Share Price: STO Near 52-Week High as Oil Pullback Tests Rally

Santos Share Price: STO Near 52-Week High as Oil Pullback Tests Rally

Sydney, June 15, 2026, 07:02. Santos Limited enters the new trading week with its share price holding near recent highs, even as oil markets have turned more volatile. ASX-supplied delayed data compiled by Intelligent Investor showed Santos at A$8.07 as of 16:40 on June 12, with a market value of about A$26.21 billion, a day range of A$7.90–A$8.07, and a price just 2.06% below its 52-week high of A$8.24. That matters because Santos is an oil and gas producer: changes in crude and LNG prices can quickly alter expectations for revenue, margins and free cash flow, which is cash left after operating and investment spending.
June 14, 2026
Santos Holds Ground Near 52-Week High as Oil Moves Shake ASX Energy

Santos Holds Ground Near 52-Week High as Oil Moves Shake ASX Energy

Santos Limited finished flat at A$8.07 on Friday. Shares traded from A$7.90 to A$8.07 during the day. Oil-linked Australian energy stocks struggled as crude prices turned sharply lower, but Santos held steady, ending about 2% off its 52-week high of A$8.24. The S&P/ASX 200 gained 1.98% to 8,804, but energy names dragged while Brent crude dropped under US$89 a barrel. Santos shares tend to move with oil, LNG and free cash flow, so the drop in Brent crude matters. Brent lost $3.05 to settle at US$87.33 as traders bet a possible U.S.-Iran deal could ease tension at the Strait of Hormuz. "What’s got the market going down is the Iranians saying there is a memorandum of understanding," John Kilduff of
June 13, 2026
Santos Rises as Oil Swings Lift Focus on ASX Energy Names

Santos Rises as Oil Swings Lift Focus on ASX Energy Names

Santos Limited finished the session at A$8.07, up 16 cents or 2.02%. Shares traded close to their 52-week high of A$8.24. According to Google Finance, Santos opened at A$7.99, reached A$8.13 during the session, and traded 10.78 million shares. The energy producer's market cap stood at about A$26.21 billion. Australian shares slipped with the S&P/ASX 200 down 20.10 points, or 0.23%, at 8,633.20. The All Ordinaries lost 0.23% to finish at 8,836.70. Energy names like Santos, Woodside and Ampol bucked the move, with oil prices still the sector’s main focus, traders said.
June 11, 2026
ASX 200 Holds Up on June 10 as Miners Slip

ASX 200 edges down as banks slip; energy shares, CSL move higher

ASX falls as tech slides, banks weak; S&P/ASX 200 down 0.23% Australia’s share market pulled lower Thursday as tech stocks dropped sharply and bank shares sagged. Gains in energy, health care and defensive sectors didn’t offset the losses. The S&P/ASX 200 ended at 8,633.20, down 20.10 points or 0.23%, Google Finance data showed. The All Ordinaries also closed 0.23% lower at 8,836.70. ASX 200 slipped after a choppy day. The index started at 8,653.30, dropped to 8,555.30 at its lowest, and climbed to 8,670.20, but closed down by the end of session at 4:55 p.m. Sydney time.
June 11, 2026
Santos faces new pressure as oil gains, focus returns to Pikka ramp-up

Santos faces new pressure as oil gains, focus returns to Pikka ramp-up

Santos Limited entered Thursday’s ASX session with another lift from oil prices after closing Wednesday a bit higher. Shares finished at A$7.91, up 0.51% for the day. Brent crude was higher too, adding 2.8% to US$94.06 a barrel. Gains in Brent followed fresh U.S.-Iran worries and bigger-than-forecast U.S. crude inventory declines. Santos finished trading in Sydney before oil prices picked up speed late, so the real test for investors will come at Thursday’s open. That’s when the market will show if the run-up in crude is seen as a cash bump for the oil and LNG player, or just a quick reaction trade, as Santos shifts from construction to production.
June 10, 2026
Santos Holds Up on ASX While Market Falls; Traders Eye Pikka, Oil, Cash Flow

Santos Holds Up on ASX While Market Falls; Traders Eye Pikka, Oil, Cash Flow

Santos Limited shares traded higher Tuesday while the broader Australian market slipped. Investors stuck with the oil-and-gas name and its growth narrative, shrugging off a slight pullback in crude prices after gains the day before. The stock closed up 0.64% at A$7.87. It moved in a range of A$7.84 to A$7.99. Market value was about A$25.6 billion based on delayed data published after the close.
June 9, 2026