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Santos Reaches Cash-Flow Inflection Point as Pikka and Barossa Scale Up
9:28am on Thursday 22nd of October, 2026 AEDT
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Oil and Gas
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Santos Reaches Cash-Flow Inflection Point as Pikka and Barossa Scale Up
9:28am on Thursday 22nd of October, 2026 AEDT
Key Points
Record Q3 production of 26.3 mmboe, up 13.9% quarter on quarter
Free cash flow from operations reached approximately US$1.069 billion
Pikka briefly exceeded 80,000 barrels per day before weather and pipeline disruptions
2026 production guidance narrowed to 99-102 mmboe
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