STO - Santos Limited

[UMike]

If you bought into Santos in 2004 and kept them, you have gone nowhere.
I bought against my better judgement and when the IMO useless management didn't accept a takeover premium, I sold.
I definitely don't regret it, management keeps telling the shareholders they will do better, but IMO they don't.
Unfortunately one of my never to buy again stocks, I may miss out on a 10bagger, but I wont lose sleep over it.
Let's be honest it doesn't get much better for LNG companies than the last few years.
My two cents worth.

Easily top 5 of my best companies I have owned.

But you got to pick the peaks and buy the lows. I'm not talking about getting it exactly right.
I missed on selling for close to $8 (wanting $8.5) not so long ago. Had I done so and still got the great Divies and bought in again $6.5 I''d think I was the superstar I am not.

 

[finicky]

Your words have added authority since winning the 2024 competition @UMike

 

[finicky]

H1 FY25

• Santos (STO) -4.5% was lower on an earnings miss due to higher costs.

 

[UMike]

Was gonna go in again at $6.5 (in time for the dividend) but it left me hanging.

 

[Garpal Gumnut]

STO is one of my picks in the 2025 competition. @mullokintyre

I still feel it is a safer bet than WDS in the Energy sector.

It pays a reasonable divie and it is a lackadaisical underperformer for me. Perhaps I should add more at the bottom of this range.

gg

 

[Garpal Gumnut]

STO is a dog. One of my entries in the yearly comp @mullokintyre .

How it is not worth $20 has me beat. We are short on gas in Australia and it is one of our major exports. Why the muppets on the board cannot turn this in to large profits and a healthy share price is one of those mysteries. I also hold this effin yapper.

gg

 

[Tyre Kicker]

It’s a dog.

Unloaded them a while ago.

Glad I did.

I’m buy and hold. But I don’t hold dog shite for ever.

A DOG.

 

[UMike]

Wish I still picked some up at under $6 just recently though....

 

[Tyre Kicker]

It’s been range bound for 7 years, save the pandemic sell off when you could have bought anything at the bottom and made $$$ after.

 

[Garpal Gumnut]

One of my picks in the 2025 Comp @mullokintyre and it continues to behave like an old nun in a brothel. Doing sfa. I haven't really looked in to it's prospects. I remain in it as it is the best of a bad lot oil/gas. I tried to find out more on a gas thread on ASF about company prospects for gas but everyone is as clueless as me and STO.

gg