Santos (ASX:STO) Insider Kevin Gallagher Acquires 1,218,110 Shares

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

Santos Stock Performance

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

Santos Announces Dividend

The company also recently declared a Final dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 24th will be paid a dividend of $0.146 per share. The ex-dividend date of this dividend is Sunday, February 22nd. This represents a dividend yield of 208.0%. Santos’s payout ratio is 82.14%.

Santos Company Profile

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.