Santos Earnings Beat Amid Project Ramp | Business and Finance News

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Recorded19 Aug 2026

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Santos’ first-half earnings beat expectations despite a dip in underlying profit, fueled by rising production at key projects like Barossa and Pikka — even as free cash flow took a hit from startup costs. Revenue edged up, production rose 3%, and the company forecasts a 20-30% production surge in H2. With peak spending behind them and strong liquidity, Santos is on track for debt reduction and a final investment decision on Papua LNG later this year — all while paying an interim dividend to signal confidence in its future. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b32ccfbb9641b504

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