Kevin Gallagher Purchases 1,218,110 Shares of Santos (ASX:STO) Stock

Santos Limited (ASX:STO) insider Kevin Gallagher bought 1,218,110 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The shares were acquired at an average price of A$6.63 per share, for a total transaction of A$8,076,069.30.

Santos Price Performance

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

Santos Dividend Announcement

The business also recently announced a Final dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, March 24th will be given a dividend of $0.146 per share. This represents a yield of 208.0%. The ex-dividend date of this dividend is Sunday, February 22nd. Santos’s dividend payout ratio (DPR) is currently 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. In addition, the company produces crude oil, liquefied petroleum gas, ethane, coal seam gas, liquefied natural gas, and condensate, as well as natural gas.