Santos Ltd (STU:STS1)
€ 3.788 0.06 (1.61%) Market Cap: 12.61 Bil Enterprise Value: 17.33 Bil PE Ratio: 11.15 PB Ratio: 0.90 GF Score: 70/100

Full Year 2019 Santos Ltd Earnings Call Transcript

Feb 20, 2020 / 12:00AM GMT
Release Date Price: €4.88 (-2.01%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Santos Limited 2019 Full Year Results. (Operator Instructions) At this time, I'd like to hand the conference over to Mr. Kevin Gallagher, Managing Director and CEO. Please go ahead, sir.

Kevin Thomas Gallagher
Santos Limited - MD, CEO & Director

Thank you, and good morning, everyone. Thank you for joining us for the Santos 2019 Full Year Results Presentation. With me today is our Chief Financial Officer, Anthony Neilson.

I'm pleased to announce that Santos has delivered another strong set of financial results. These results demonstrate the strength of our disciplined cash-generative operating model and the successful integration of the Quadrant acquisition into our business. We have also continued to drive unit costs down and deliver efficiency gains despite cost pressures seen across our industry. The year was also highlighted by our announcement in October of the acquisition of ConocoPhillips' business in Northern Australia and Timor-Leste. The acquisition brings operating

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