Santos (ASX:STO) Insider Kevin Gallagher Purchases 1,218,110 Shares of Stock

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

Santos Price Performance

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

Santos Announces Dividend

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