Santos Reports Stronger Q4 Production; Raises FY25 Outlook

Santos Ltd. reported a 12% increase in fourth-quarter production volumes, driven by strong performance at its Australian gas fields. The company updated its full-year 2025 production guidance to reflect higher output expectations. Santos said the improved results stemmed from successful drilling operations and enhanced operational efficiency at its key assets. The energy company now forecasts annual production of 1.8 billion cubic feet per day for FY25, up from previous estimates of 1.7 billion cubic feet per day. Santos shares rose 3.2% following the announcement. The company also emphasized its commitment to maintaining dividend payments while investing in sustainable growth initiatives.