We would expect most companies to have some institutions on the register, especially if they are growing.

[24], Santos' activities draw significantly on available water resources. Santos is the primary venture partner and operator of The rate of flow was estimated at 50,000 litres per day. Other jurisdictions received between $5,000 (South Korea) and $775,255 (Western Australia) and the total 'community investment' spent across all regions during 2013–14 was $13,217,617. [26] Figures published in Santos' 2014 Sustainability Report state that $7,487,731 was spent on 'Community investment' in South Australia that financial year and $3,108,057 in Queensland.

Rather, you should be looking at fundamental drivers

ASX:STO Income Statement May 7th 2020. In this case insiders own AU$8.5m worth of shares. Santos has an interest in the Darwin LNG project, exporting liquefied natural gas to customers in Japan. Santos contributed approximately $40,000 to the program. At the time it was reported that Santos employed 3500 people nationally, thousands of contractors and had a $13 billion market value.

If an activist institution invests the same amount of capital in a stock as a passive long-term pension fund, the implications are potentially different for key corporate financing decisions such as the use of excess cash or the source of financing. It seems that Private Companies own 5.3%, of the STO stock. As a result of the company writing off its investment in a coal seam gas project in Indonesia, the 2014 first-half profit being down 24% at $206 million. It’s a big company, so even a small proportional interest can create alignment between the board and shareholders. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. [22] A NSW Government investigation into the incident determined the leak was "small, localised and contained" and drinking water sources and stock and domestic water sources were not impacted nor were they at risk. Thank you for reading. [12], In May 2006, the Sidoarjo mud flow disaster occurred in East Java, Indonesia. To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Santos is the primary venture partner and operator of natural gas processing facilities at Moomba (in South Australia) and Ballera (in Queensland), and pipelines connecting those facilities with Adelaide, Sydney, Melbourne, Brisbane, Rockhampton and Mount Isa. For example, we’ve discovered 4 warning signs for Santos that you should be aware of before investing here. Therefore, it is beneficial for us to examine STO’s ownership structure in more detail.

[20], In May 2013, an uncontrolled oil spill was reported in Santos' Zeus field near Jackson in Queensland's remote south-west. However, high insider ownership can also give immense power to a small group within the company.

"[36], In 2015, the Frack Free NT Alliance called for the Darwin Festival to reject Santos sponsorship due to the company's involvement in shale gas exploration and development in the Northern Territory. It was the second major discovery by the company in the area in two years.[4]. Topics: takeovers, oil …

It has made significant discoveries in the Browse Basin, off the northwest of Western Australia. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Santos is one of Australia's domestic gas producers, supplying sales gas to all mainland Australian states and territories, ethane to Sydney, and oil and liquids to domestic and international customers. Santos is Australia's second-largest independent oil and gas producer and one of the east-coast's biggest domestic gas suppliers. [16][17] In May 2012, Santos reported declining rates of hydrocarbon recovery from groundwater extraction wells and claimed that their remediation efforts were working. Santos already has institutions on the share registry. [12], Moomba workers who sought to remain anonymous told The Australian newspaper on 5 January that the company was running a "cowboy" operation, and that it was luck, not management that had prevented any loss of life. The plant was seriously damaged.

ownership structure should not be the only determining factor when you’re building an investment thesis for STO. There are no current stakeholders of Santos. CUSIP Number: Q82869118; Top investors of Santos stock. 24 Kippax St, Sydney [33], Politicians expressing their support for the company included the Prime Minister Tony Abbott and Federal MPs Jamie Briggs,[39] Christopher Pyne, James McGrath, Greg Hunt and Treasurer Joe Hockey. [1] On 22 August 2014 the company said its oil production was at its highest level in six years.

[40] Several senior state ministers also spoke out against the decision to divest in South Australia and Queensland, including South Australian Treasurer Tom Koutsantonis. When multiple institutions own a stock, there’s always a risk that they are in a ‘crowded trade’. This is to avoid getting trapped in a sustained sell-off that is often observed in stocks with this level of institutional participation. The blast was traced to the Liquids Recovery Plant (LRP), where an inlet manifold and a related flange weld both failed after corrosion by mercury. You can see Santos’s historic earnings and revenue, below, but keep in mind there’s always more to the story. Note that our analysis does not factor in the latest price-sensitive company announcements. Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it’s included in a major index.

24 Kippax St, Sydney [21], In 2013, groundwater monitoring detected elevated levels of salinity and heavy metals near Santos' Tintsfield ponds in the Pilliga forest. [citation needed] One of the pipelines is the Moomba Adelaide Pipeline System which carries gas to Adelaide and regional South Australia.

Santos is one of Australia's domestic gas producers, supplying sales gas to all mainland Australian states and territories, ethane to Sydney, and oil and liquids to domestic and international customers.

Controversy exists surrounding the probable cause of the disaster which has displaced approximately 10,000 people and covered villages, farms and industrial areas with mud.

Learn more about, free research report of analyst consensus, the free visual representations of STO’s historicals. This occurred because of mounting debt and an oil price slump.

ACN 600 056 611, Simply Wall St is a financial technology startup focused on providing unbiased, high-quality research coverage on every listed company in the world. The company pleaded guilty to breaching the Occupational Health Safety and Welfare Act after a SafeWork prosecution and was fined $84,000. It has a market capitalization of AU$10b. Also it was reported that at the Bibblewindi ponds, uranium 20 times above the safe drinking levels was detected. It is also a partner in the development of the Gladstone LNG project in Queensland and in the PNG LNG project. Who owns Santos Ltd.?

It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Lock the Gate would not be able to sponsor a police car – nor should it. These gas reserves are one of the sources of natural gas to Australia's eastern states.

Our studies suggest that the top 25 shareholders collectively control less than 50% of the company’s shares, meaning that the company’s shares are widely disseminated and there is no dominant shareholder. [13], Gas supplies to South Australia and New South Wales were interrupted, leading to down-time in the manufacturing sector and short-term rationing measures in both states while repairs were made. They also said that the emergency muster area was too close to the plant in the event of a major tank explosion. Sales volumes rose by 5% to 28.9 million barrels of oil equivalent. This article by Simply Wall St is general in nature.

In August 2018, Santos announced the acquisition of Australian oil and gas company Quadrant Energy for $2.15 billion. We note that hedge funds don’t have a meaningful investment in Santos. These included an inadequate risk assessment which failed to identify the likelihood of plant failing due to liquid metal rendering it brittle. Our data reflects individual insiders, capturing board members at the very least.

This suggests some credibility amongst professional investors. It’s hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. you to complete your research by taking a look at the following: NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated.

Since February 2016 the company's CEO has been Kevin Gallagher. [23] The Investigation also found that the uranium detected was not from the pond's water, but was from naturally occurring Uranium in the surrounding soil that was mobilised from the leaking pond. You can see Santos’s historic earnings and revenue, below, but keep in mind there’s always more to the story. [2] Because of shortages in its own supply of gas for export, Santos rely on purchasing gas from third parties to supply its overseas contracts.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. the intrinsic valuation, which is a key driver of Santos’s share price. As part of the deal, Santos will obtain Quadrant's 80% stake in Dorado in the Bedout Basin in northern Western Australia. Neither should a company. The company's core business was built on gas and oil discoveries in the Cooper Basin, predominantly spanning north-east South Australia and South West Queensland. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. The businesses may be similar, or work together. Luckily, you can check this free report showing analyst forecasts for its future. With this size of ownership, retail investors can collectively play a role in decisions that affect shareholder returns, such as dividend policies and the appointment of directors. In 2013, the three jurisdictions in which Santos withdrew the greatest volume of water were Indonesia (12.5 gigalitres), Queensland (7.5 gigalitres) and South Australia (7 gigalitres).


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