Santos Limited (AU:STO) has released an update.
At the 2024 Macquarie Conference, Santos Limited’s CEO Kevin Gallagher discussed the company’s future, highlighting the risks and uncertainties inherent in the oil and gas industry, as well as the carbon capture and storage sectors. The presentation stressed that forward-looking statements are subject to various factors such as market fluctuations and regulatory changes, which could impact actual outcomes. Santos also outlined non-IFRS financial measures to provide insights into operational performance, while noting that reserve estimates comply with industry standards.
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