Browsing Tag
Pikka
8 posts
Santos reports record US$1.07bn operating free cash flow but cuts upper end of 2026 guidance
Santos has reported record quarterly production, stronger LNG revenue and a substantial cash flow increase as Barossa and Pikka contribute, but operational interruptions at the Alaska project have prompted a narrower full-year production outlook.
Santos keeps 99-105mmboe guidance as two megaprojects enter cash-generation phase
Santos reported lower first-half profit and subdued free cash flow, but Barossa and Pikka are now ramping simultaneously, setting up a 20%-30% production increase in the second half of 2026.
Santos trims FY26 output guidance to 99-105 mmboe as ramp timing slips
Santos paid out 100% of operating cash even as all-in free cash flow turned negative US$119m, a board signal ahead of the Barossa-Pikka H2 ramp inflection.
Santos (ASX: STO) loads first Barossa condensate cargo as Q2 delivery narrows the case for H2 cash flow
Santos loaded the first Barossa condensate cargo on 24 July, but the second-half cash flow inflection still hinges on Pikka plateau and the interim dividend.
Santos hits first oil at Pikka in Alaska as STO breaks A$8 on Nanushuk validation
Santos just delivered first oil at Pikka in Alaska. STO is near a multi-year high. The harder question is whether the easy money is already gone.
Santos (ASX: STO) posts $1.27bn in Q1 revenue as Pikka hits mechanical completion and Barossa readies LNG ramp-up
Santos Q1 2026: $1.27B revenue, Pikka near first oil, Barossa resuming. Quokka appraisal confirms Alaska upside. Full analysis for investors. Read more.
Santos (ASX: STO) confirms Quokka-1 appraisal success on Alaska’s North Slope as Pikka phase 1 nears first oil
Santos confirms Quokka-1 appraisal success on Alaska's North Slope as Pikka phase 1 nears first oil. What it means for STO investors and the Nanushuk play. Read more.
Can Santos deliver early oil from Pikka phase 1? Major logistics milestone boosts confidence
Santos has achieved a key logistics milestone at its Pikka Phase 1 project, with barge-delivered modules arriving in Alaska. Find out what this means for first oil.