trending Market Intelligence /marketintelligence/en/news-insights/trending/8-Iwd2h2yacWZhPLF9MzjQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Santos Q4'19 sales revenue slips YOY

A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

S&P podcast - Coronavirus pandemic, oil price crash shake up energy sector

Case Study: A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

Energy Evolution Podcast

Energy Evolution Why solar energy could get even cheaper


Santos Q4'19 sales revenue slips YOY

Australian oil and gas producer Santos Ltd. on Jan. 22 reported sales revenue of $1.03 billion for the fourth quarter of 2019, down from sales revenue of $1.04 billion recorded for the fourth quarter of 2018.

Sales volumes for the fourth quarter of 2019 came in at 24.1 million barrels of oil equivalent, increasing sharply from 20.7 million boe during the same quarter in 2018.

Average realized LNG prices amounted to $9.07/MMBtu for the fourth quarter of 2019 compared to $10.96/MMBtu during the prior-year quarter. On the other hand, average realized oil prices increased to $73.49 per barrel compared to $68.81/bbl for the corresponding period in 2018.

Production totaled 18.7 million boe in the fourth quarter of 2019, increasing from 15.9 million boe in 2018.

Santos also updated its guidance for 2019. The company is expecting sales volumes of 94.5 million boe, at the upper end of its previously announced range of 93 million boe to 95 million boe. Production is expected at 75.5 million boe compared to the previous range of 74 million boe to 76 million boe. The company narrowed its 2019 guidance in December 2019.