Santos Ltd Share Price Declines Amid Global Market Weakness

Santos Ltd, an energy sector company, has experienced a decline in its share price, following a broader trend of weakness in the Asian markets.

Financial Performance The company’s financial performance has shown significant improvement, with:

• Revenue increasing substantially
• Profit from operating activities also increasing substantially

Dividend Announcement Santos has announced a quarterly dividend, which is expected to be fully franked.

Market Outlook The global energy market faces challenges due to weak oil prices, leaving the company’s prospects uncertain. However, Santos’ financials suggest a strong underlying performance, which may provide a foundation for future growth.