Santos stock sits 1.92 percent below its 52-week high

Published on 10/27/2026 at 19:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ASX performance is plus 64.76 percent in 2026 as of October 27. Santos stock costs EUR 5.76 on October 27, 2026, plus 0.49 percent versus Tradegate.

Price and dates at a glance

Santos stock was 1.92 percent below its AUD 9.36 52-week high on October 27, 2026.
Third-quarter 2026 sales revenue reached USD 2,006 million, up 78.00 percent year over year.
Santos stock costs EUR 5.76 at Lang & Schwarz on October 27, 2026 at 7:47 p.m. CEST, 0.49 percent above the Tradegate close of October 19, 2026.
Papua LNG is scheduled for a final investment decision in the fourth quarter of 2026.

Santos, AU000000STO6, Illustration mit AI erstellt.

Santos stock (ISIN AU000000STO6) stood 1.92 percent below its AUD 9.36 52-week high on October 27, 2026, while its ASX price was AUD 9.18 at 4:10 p.m. AEDT. The company had reported third-quarter 2026 sales revenue of USD 2,006 million, up 78.00 percent from USD 1,129 million a year earlier, according to Santos on October 21, 2026. The euro price was EUR 5.76 at Lang & Schwarz on October 27, 2026 at 7:47 p.m. CEST, 0.49 percent above the Tradegate close of October 19, 2026 at EUR 5.73.

Production sets the operating backdrop

Santos produced a record 26.3 million barrels of oil equivalent in the third quarter of 2026, up 23.00 percent from the prior corresponding period and 13.90 percent from the June quarter. Sales volumes reached 26.4 million barrels of oil equivalent, an increase of 10.90 percent from the previous quarter. Free cash flow from operations reached USD 1,069 million for the quarter, while free cash flow after growth capital expenditure was USD 957 million, according to Santos.

Why does the price stay near its yearly high?

The stock's position reflects a 64.76 percent gain on the ASX in 2026 through October 27, 2026. Santos reported that Barossa reached steady production and that Pikka production reached 69,000 barrels per day gross at the end of the third quarter. The company also narrowed 2026 production guidance to 99 million to 102 million barrels of oil equivalent from 99 million to 105 million previously, citing Pikka commissioning delays, weather-related curtailments and a pipeline disruption, as Reuters reported on October 22, 2026.

Valuation and upcoming date

Santos carried a price-to-earnings ratio of 28.05 and a market capitalization of AUD 29.7 billion as of October 27, 2026. Its ASX 52-week range was AUD 5.90 to AUD 9.36. Santos plans a final investment decision for Papua LNG in the fourth quarter of 2026, subject to regulatory approvals and project conditions. The investor calendar listed the third-quarter report for October 22, 2026, and the next disclosed project milestone is the Papua LNG decision.

Comparison with peers

Santos: plus 0.11 percent, price-to-earnings ratio 28.05, market capitalization AUD 29.7 billion. BHP Group (ASX, AUD): plus 4.26 percent, price-to-earnings ratio 21.12, market capitalization AUD 294.8 billion. Woodside Energy (ASX, AUD): plus 0.27 percent, price-to-earnings ratio 14.48, market capitalization AUD 62.9 billion.

Price position remains elevated

Santos stock was trading at EUR 5.76 at Lang & Schwarz on October 27, 2026 at 7:47 p.m. CEST, 0.49 percent above the Tradegate close of October 19, 2026 at EUR 5.73. On the ASX, the stock last stood at AUD 9.18 on October 27, 2026 at 4:10 p.m. AEDT. The further course of trading is shown by the continuously updated real-time quote of Santos stock.