Australia's Santos logs nearly 2% fall in first-quarter sales revenue
Published on April 22, 2026.
Australia's second-largest independent oil and gas producer, Santos, has reported a 1.8% decrease in its first-quarter sales revenue, largely due to a temporary outage at the Barossa offshore gas project and a severe tropical cyclone on Australia's west coast. The company reported revenue of $1.25 billion for the three months ended March 31, which fell from $8.9 to $9.9.
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