Page 3 - Mark Samter News Today

Santos Ltd on Monday named a new chief financial officer in its first move since sealing its $6 billion takeover of Oil Search…

Santos Ltd on Monday named a new chief financial officer in its first move since sealing its $6 billion takeover of Oil Search…

The critical vote by Oil Search shareholders on Tuesday is one of the final steps allowing the merger with Santos to take effect on Friday.

Twin commitments on the Scarborough LNG mega-project and a historic merger with BHP Petroleum are set to propel Woodside into the major league in global oil and gas.

CEO Meg O’Neill has brushed off the storm of protest around the $16.5 billion Scarborough LNG project and investor worries about heightened risks around construction.

Woodside’s decision to give the green light to the $16.5 billion Scarborough LNG project is a huge moment, but much depends on the execution of the project. 

Santos (ASX:STO) share price down amid concerns over bidding war Santos (ASX:STO) share price down amid concerns over bidding war Santos and Oil Search could be preparing to battle following Oil Search’s rejection of Santos’ merger proposal. Brooke is a Junior Financial Journalist at the Motley Fool Australia. Brookes interests in finance and the share market evolved during her time at Charles Sturt University. There, she studied a Bachelor of Communication, majoring in journalism and sub-m...

Oil Search investors will push for Santos talks: analyst Save Share Leading Australian oil and gas sector analyst Mark Samter reckons there’s plenty to like about Santos’ proposed all-scrip merger with Oil Search. While he expects there to be some argument about value and premiums, he says the tie-up would be a “fantastic outcome for both sets of shareholders” and Oil Search should engage with its suitor. MST Marquee analyst Mark Samter.   Peter Braig “Now you can sq...

Oil Search chairman should go after misleading market On Monday, chairman Rick Lee said Oil Search hadn’t received an approach; one day later investors learnt of last month’s $23 billion merger proposal from Santos. Jul 20, 2021 – 12.15pm Save Share Oil Search chairman Rick Lee’s baffling decision to mislead the market about a merger approach – on the very same analyst call held to explain the shock departure of chief executive Keiran Wulff for bad behaviour – shou...

Energy stocks disconnect gets ‘crazy’ Jul 4, 2021 – 4.00pm Save Share The share prices of Australia’s major oil and gas producers remain stubbornly subdued despite bullish commodity prices, leading to concerns that the sector is being unreasonably discounted on ESG grounds that have rocketed up the agenda for investors since the onset of COVID-19. Despite Brent oil prices now back above $US76 a barrel and LNG spot prices in Asia at the highest for this time of year since 201...