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OISHY - Santos: Doubled FCF Revenue And Production Growth To Continue
Oil Search Ltd ADR
Australian natural gas company Santos (STOSF, SSLTY, SSLZY) published its 2018 annual report on February 21. After reading it, I should say that I am impressed with the company's results, especially its operating cash flow and FCF combined with the first net profit in 5 years, the highest EBITDAX since 2014, and 2P reserves growth with RRR of 395%. It appears that the firm has not only overcome the lackluster period caused by the oil price slump but also fortified its position using both organic and inorganic growth methods sticking to