Santos Limited (ASX:STO) Insider Purchases A$62,000.00 in Stock

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

Santos Stock Performance

The company has a quick ratio of 1.10, a current ratio of 1.11 and a debt-to-equity ratio of 41.93. The stock has a market capitalization of $14.32 billion, a PE ratio of 11.42, a PEG ratio of 0.34 and a beta of 1.12.

Santos Cuts Dividend

The firm also recently disclosed a Final dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 25th will be issued 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 is presently 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.