Shares of Santos Limited (OTCMKTS:STOSF – Get Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $4.59 and traded as low as $4.3750. Santos shares last traded at $4.41, with a volume of 9,490 shares trading hands.
Santos Stock Up 3.8%
The stock has a 50 day moving average of $4.22 and a 200 day moving average of $4.59.
About Santos
Santos Limited, trading as STOSF on OTCMKTS, is an Australian energy company specializing in the exploration, development and production of oil and natural gas. The firm’s portfolio spans upstream assets including offshore and onshore fields, with a particular focus on liquefied natural gas (LNG) projects and conventional gas operations. Santos serves both domestic and international markets, supplying feedstock for power generation, industrial usage and export destinations.
Key operations include the GLNG project in Queensland’s Bowen and Surat basins, the Papua New Guinea LNG venture and the Darwin LNG plant in the Northern Territory.
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