Page 6 - Mark Samter News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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. Brooke's 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-majoring in international relations. In her spare time, you'll find Brooke gallivanting around South...

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 squabble about whether it should be a 10%, 15% or 20% premium, but I think you end up losing as an Oil...

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 – should surely cost him his job, even if it plunges the company into fresh chaos. Lee said on Monday duri...

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 2013, the market values of companies such as Woodside Petroleum and Oil Search remain well below pre-pa...