Santos Limited Announces Strong Q2 Financials

Santos Limited (AU:STO) has released an update.

Santos Limited reports a robust financial performance in the second quarter of 2024, with free cash flow of approximately US$1.1 billion for the first half of the year, fueling shareholder returns and significant advancement of major projects. The company highlights strong production growth, stable sales revenue, and the successful completion of key milestones in both the Barossa Gas Project and the Pikka Project. Furthermore, Santos achieved mechanical completion of their Moomba Carbon Capture and Storage (CCS) Project, which is poised to enhance their carbon management services.

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