Michael(Mike) Utsler Acquires 10,000 Shares of Santos Limited (ASX:STO) Stock

Santos Limited (ASX:STO) insider Michael(Mike) Utsler purchased 10,000 shares of the business’s stock in a transaction on Friday, March 14th. The stock was acquired at an average price of A$6.20 ($3.95) per share, with a total value of A$62,000.00 ($39,490.45).

Santos Stock Performance

The firm has a market capitalization of $14.32 billion, a P/E ratio of 11.42, a price-to-earnings-growth ratio of 0.34 and a beta of 1.12. The company has a debt-to-equity ratio of 41.93, a current ratio of 1.11 and a quick ratio of 1.10.

Santos Cuts Dividend

The firm also recently declared a Final dividend, which will be paid on Tuesday, March 25th. Investors of record on Tuesday, March 25th will be given a dividend of $0.162 per share. The ex-dividend date is Sunday, February 23rd. This represents a yield of 2.41%. Santos’s dividend payout ratio (DPR) is 82.14%.

About Santos

Santos Limited explores for, develops, produces, transports, and markets hydrocarbons in Australia and Papua New Guinea. The company's assets are located in the Cooper Basin, Queensland and NSW, Papua New Guinea, Western Australia, Northern Australia and Timor-Leste. It also holds an asset in Alaska, the United States; and engages in the development of decarbonization technologies, such as carbon capture and storage technologies.