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Santos shares were down 2.7 per cent to $4.65

Santos puts focus back on NSW gas

Energy firm Santos will once again back the controversial Narrabri coal seam gas project in NSW as it seeks to boost production as part of its turnaround plan.

The controversial project will join the company's existing core asset portfolio of five major assets, chief executive Kevin Gallagher said in an investor presentation on Thursday. 

The company has also forecast production will be largely stable in 2018, but expects sales to be lower during the year than its 2017 volumes.

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Santos (STO)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/10/17

1 year TSR5 year TSR
263rdSantos26%-13%
726 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

th-Santos$3,847.4m
76 listed non wa companies ranked by revenue.
Source: Morningstar

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