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Santos Reports 19% Profit Decline Amid LNG Ramp-Up and Production Growth

9:19am on Wednesday 19th of August, 2026 AEST Energy
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Santos Reports 19% Profit Decline Amid LNG Ramp-Up and Production Growth

9:19am on Wednesday 19th of August, 2026 AEST
Key Points
  • Net profit down 19% to US$355 million
  • Production up 3.4% to 45.6 mmboe driven by Barossa and Pikka
  • EBITDAX declines 12% to US$1.555 billion
  • Free cash flow from operations falls 65% to US$378 million
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