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Can Santos Weather a 31% Profit Drop Amid Abu Dhabi Acquisition Bid?

10:37pm on Friday 29th of August, 2025 AEST Energy
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Can Santos Weather a 31% Profit Drop Amid Abu Dhabi Acquisition Bid?

10:37pm on Friday 29th of August, 2025 AEST
Key Points
  • 5% revenue decline to US$2.579 billion
  • 31% net profit decrease to US$439 million
  • Sales volumes up 2% to 47.2 million barrels of oil equivalent
  • Barossa Gas project on track for Q3 2025 start-up
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