$STO - ASX Stock

The Australian energy giant is seeing significant momentum as it nears major production milestones.

Stock Performance: $STO is currently trading around $7.98 AUD,

up approximately 29% year-to-date.

Project Milestone: The flagship Pikka Phase 1 oil project in Alaska is 98% complete, with "first oil" expected by the end of March 2026.

New Investment: Santos recently reached a Final Investment Decision (FID) on the Moomba Central Optimisation project (March 9) to secure long-term gas supply.

Dividend: A final dividend of $0.1451 per share is scheduled for payment on March 25, 2026.

#STO #ASX #EnergyStocks #Investing

STO
STO
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