MARKETS

Santos' revenues slump on low prices and production, more bad news expected in 2024

The gas major’s assets experienced a 24% decline in annual income for 2023

Santos Place building in Brisbane. Credit: Shutterstock/Marlon Trottmann

Santos Place building in Brisbane. Credit: Shutterstock/Marlon Trottmann

Santos has reported its annual sales revenue of US$5.9 billion (A$9 billion) in 2023, down 24% from US$7.8 billion (A$12 billion) in 2022 due to lower realised prices for liquefied natural gas (LNG) and...

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