Santos Reports $1.27 Billion Revenue and 3% Production Increase in Q1 2026
Santos reported $1.27 billion in revenue for Q1 2026, a 2% decline from Q1 2025 but a 3% increase from the previous quarter. Production rose 3% year-over-year to 22.5 million barrels of oil equivalent, driven by the Barossa Gas Project. Capital expenditure fell 28% compared to the same period in 2025.
Topics: energy financial performance oil and gas production revenue