ASX:STO 24 February 2026 - 8 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 Shares Face a Crucial Test as ASX Reopens After Oil Shock

Santos Shares Face a Crucial Test as ASX Reopens After Oil Shock

Santos Limited heads into Tuesday’s ASX reopen with its shares last parked at A$7.82, after a long-weekend pause left investors to price in firmer crude and fresh Middle East supply risk at the first trade. The stock last traded on June 5, down 0.64%, on volume of 6.54 million shares, giving the Adelaide-based oil and gas producer a market value of about A$25.55 billion. The timing matters. The Australian cash market was shut on Monday, June 8, for the King’s Birthday holiday, and at the dateline time the ASX was in pre-open, when brokers can enter orders but ASX Trade does not match them until the opening phase near 10 a.m. Sydney time.
June 8, 2026
Santos Heads Into Tuesday Trading After Long Weekend and Volatile Oil Moves

Santos Heads Into Tuesday Trading After Long Weekend and Volatile Oil Moves

Santos Ltd shares were weaker going into the market close on Monday in Australia. The oil and gas company ended barely changed over the week after a weak Friday finish, with global crude prices remaining volatile. Santos finished at A$7.82 on June 5, down 5 cents, or 0.64%. Shares traded in a range from A$7.76 to A$7.87 for the session. The stock was just 1 cent above its May 29 close. That move was small, while the broader Australian market fell.
June 7, 2026
Santos Stock Holds Close to Year High After Alaska First Oil

Santos Stock Holds Close to Year High After Alaska First Oil

Santos Limited enters Wednesday’s ASX trade with attention on its Pikka project in Alaska, where investors wait to see if first oil will support shares close to a 52-week high. The stock last changed hands at A$8.09 on May 19, trading between A$8.065 and A$8.16. Its 52-week range stands at A$5.90 to A$8.19, just shy of Tuesday’s level and the year’s top. ASX cash market trading was paused at the dateline. Regular hours go from 09:59:45 to 16:00 in Sydney. Tuesday’s close is still the latest price available, with no live read for Wednesday.
May 19, 2026
Santos Shares Rise After Alaska Oil Moves, Traders Eye Tuesday Open

Santos Shares Rise After Alaska Oil Moves, Traders Eye Tuesday Open

Santos shares jumped 2.66% to A$8.09 on Monday, lifted by news that oil is now flowing at the Pikka project in Alaska. The stock got as high as A$8.12 after the company confirmed “first oil” from the field. Santos heads into Tuesday’s ASX session with fresh momentum. Energy shares rose on Monday even as the wider Australian market lost ground. The S&P/ASX 200 dropped 1.45% to 8,505.3, but the energy sector added 1.46% as crude prices climbed and Woodside Energy advanced, ABC News reported.
May 18, 2026
Woodside Rises With Oil, but Browse Costs Keep WDS From a Clean Breakout

Woodside Rises With Oil, but Browse Costs Keep WDS From a Clean Breakout

Woodside Energy Group Ltd picked up 0.75% on Tuesday, closing at A$30.74 after starting the session at A$30.52 and touching A$30.96 at its peak—a move tied to the day’s commodity bid, though project headaches still linger. Santos eked out a 0.53% rise. BHP’s rally signaled resource stocks drawing fresh money. Oil led the move. Brent finished up 3.42% at $107.77, while WTI jumped 4.19% to $102.18, as optimism for a U.S.-Iran deal fizzled. For producers with a mix of LNG, oil, and condensate, pricier spot energy feeds forward into cash flow—well before those gains appear in earnings reports.
May 13, 2026
Santos Stock Faces A Crucial Week As Australia’s Gas Rule Tests Its LNG Growth Plan

Santos Stock Faces A Crucial Week As Australia’s Gas Rule Tests Its LNG Growth Plan

Santos Limited opened the week under scrutiny, as investors sized up the company’s LNG ambitions against fresh domestic policy headwinds. Shares last changed hands at A$7.52, marking a 1.44% dip before Friday’s close in Sydney. LNG refers to natural gas cooled to liquid for easier transport by tanker. Canberra’s domestic gas reservation plan is front and center. Starting July 1, 2027, exporters will be required to direct an amount of gas equal to 20% of their exports into the Australian market, according to the government. Contracts secured before Dec. 22, 2025, won’t be affected.
May 10, 2026
Australia Stock Market This Week: ASX 200’s Worst Week Since March as Oil Shock, Fortescue Selloff Bite

Australia Stock Market This Week: ASX 200’s Worst Week Since March as Oil Shock, Fortescue Selloff Bite

The S&P/ASX 200 ended Friday at 8,786.50, capping a 1.8% drop for the week—its steepest decline since mid-March—as the market struggled with Middle East jitters, a selloff in healthcare, and sliding miners. On the day, the benchmark edged down 6.9 points, or 0.08%. Miners shed 1.1%. Banks, though, eked out a late 0.3% gain. Timing is key here: the selloff landed just as investors juggled two themes—potential diplomacy efforts in the Middle East and the threat that stubbornly high oil prices could keep inflation burning. Higher crude bumps up fuel costs, can bite into company margins, and tends to firm up expectations for where interest rates might head next. The ASX’s RBA Rate Indicator shows how the market prices potential
April 25, 2026
Santos Share Price in Focus After Australia Flags Windfall Gas Tax as Oil Jumps

Santos Share Price in Focus After Australia Flags Windfall Gas Tax as Oil Jumps

Santos drew attention heading into the new week, finishing down 0.5% at A$7.98 on Friday, March 20. Investors are digesting news that Prime Minister Anthony Albanese has reportedly instructed Treasury to look at a tax targeting windfall gas profits, right as energy prices are on the move again. The timing is key here. Santos is plugged into Australia’s LNG export network, so any attempt to grab a bigger slice of the action would hit just as export values are surging—thanks to the Middle East conflict and the Strait of Hormuz shutdown. LNG exports out of Australia pulled in A$65 billion last year, according to Reuters. Since the U.S. and Israel struck Iran in February, Asia spot LNG prices have shot
March 22, 2026