Santos Stock News

Santos Limited (OTCMKTS:STOSF) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $4.99 and traded as low as $4.55. Santos shares last traded at $4.55, with a volume of 22,618 shares trading hands. Separately, CLSA raised Santos to a “buy” rating […]

Australian shares ended lower on Friday, hit by energy and technology stocks, but posted their first weekly gain since early-November on easing concerns over the economic impact of the Omicron coronavirus variant. The S&P/ASX 200 index ended 0.4% lower at 7,353.50, but recorded a weekly gain of 1.6%. Energy stocks closed 1.5% lower on weaker oil prices, as traders locked in profits after a strong run this week. The sub-index, however, notched its first weekly gain since early-October. "Oil prices fell overnight with traders using the excuse of Omicron contagiousness, and China property defaults, to mark down growth expectations and take profits on tactical long positions built up," said Jeffrey Halley, senior market analyst - Asia Pacific, OANDA. Santos Ltd fell 2.1%, while Whitehaven Coal and Washington H Soul Pattinson and Company dropped 4% and 1.8%, respectively. Technology stocks ended lower, tracking overnight losses on Wall Street''s Nasdaq Composite. Buy now, pay later giant Afterpay settled 4.4% lower, while data centre operator NEXTDC skidded 2.1%.

Australias second-largest independent gas producer Santos Ltd (STO.AX) said on Wednesday it has agreed to sell a 12.5% stake in its Barossa project to a local unit of Japans biggest power generator JERA. JERA, one of the worlds biggest buyers of liquefied natural gas (LNG), will pay $300 million for the stake as well as for its []

Santos Limited (OTCMKTS:STOSF)s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.06 and traded as low as $4.57. Santos shares last traded at $4.63, with a volume of 1,750 shares traded. Separately, CLSA upgraded Santos to a buy rating and set a [] The post Santos (OTCMKTS:STOSF) Stock Crosses Below 200 Day Moving Average of $5.06 appeared first on ETF Daily News .

Santos Limited (OTCMKTS:STOSF) was the target of a significant increase in short interest in October. As of October 29th, there was short interest totalling 11,678,600 shares, an increase of 23.3% from the October 14th total of 9,474,200 shares. Based on an average daily trading volume, of 3,100 shares, the days-to-cover ratio is currently 3,767.3 days. []

Australian shares fell on Monday to their lowest in over a week, as energy stocks dropped after a resurgence of COVID-19 cases across Europe stoked demand fears and hit risk appetite. The S&P/ASX 200 index fell 0.5% to 7,357.4 by 0040 GMT. The energy index fell 2.1%, tracking a sharp fall in oil prices as rising novel coronavirus cases in Europe threatened to slow the economic recovery. Sector heavyweights Woodside Petroleum, Oil Search and Santos Ltd were down between 2.1% and 3.3%. Australia shares end higher, post second straight weekly loss Travel stocks slid on worries of more lockdowns in Europe and spiking cases in the United States. Flight Centre Travel Group, Webjet Ltd, Corporate Travel Management Ltd and carrier Qantas Airways dropped 1.8%-3%. Financial stocks followed suit, falling over 1.1%, with all the so-called "Big Four" banks down between 0.7% and 1.1%. Gold stocks shed 1.8% after bullion prices fell to a one-week low on Friday. Gold miner Silver Lake Resources dropped as much as 4.8%, tracking its worst day since September, after acquiring credit facilities provided by BNP Paribas to Harte Gold Corp.