Santos share price edges up after ex-dividend dip as oil rallies and Iran talks loom
Santos shares closed up 0.4% at A$6.81 Tuesday after trading ex-dividend for a US$0.103 payout. Oil prices hovered near seven-month highs, supporting energy stocks. The company faces a 10% headcount cut and a strategic review after last week’s profit miss. Woodside Energy rose 2.6% after posting a smaller profit decline and updating on CEO plans.