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Santos Ltd T.STO


Primary Symbol: STOSF

Santos Limited is focused on three regional business unit, including Cooper Basin, Queensland and New South Wales (NSW) and (PNG), now form the Eastern Australia and PNG Business Unit, Northern Australia and Timor-Leste, and Western Australia now form the Western Australia, Northern Australia and Timor-Leste Business Unit and Alaska is the third regional Business Unit. Supporting these three business units are two functional divisions: Santos Energy Solutions and Upstream Gas and Liquids. The Cooper Basin produces natural gas, gas liquids and crude oil. Gas is sold primarily to domestic retailers, industry and for the production of liquefied natural gas, while gas liquids and crude oil are sold in domestic and export markets. Its GLNG project in Queensland produces liquefied natural gas (LNG) for export to global markets from the LNG plant at Gladstone and is also sold to the domestic market. Northern Australia and Timor-Leste is centered on the Bayu-Undan/Darwin LNG (DLNG) project.


OTCPK:STOSF - Post by User

Comment by Analysethis2on Apr 19, 2012 12:08am
143 Views
Post# 19810905

RE: Great Time to Buy

RE: Great Time to Buy

I find it amazing that the April 4th market wire for STO has identified an incredible improvement in its forecast from just February, yet the stock price did not go up at all. Doesn't this seem a bit curious? And how can a forecast increase this much in just two months? I am fairly new to the small caps, but I don't see this type of growth with other small caps. 

Why didn't the stock go up? 

Is it because all the big investors new all along?

Feb Forecast: Average BOE per day for year: 2000-2200

Feb Forecast: Exit BOE per day: 2,600-2800. 

April Forecast: Average BOE per day for year: 2,600-2,800

April Forecast: Exit BOE per day: 4,300-4,500. 

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