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Energy Sector Faces Mixed Fortunes: RBC Analysis
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Energy Sector Faces Mixed Fortunes: RBC Analysis
RBC Capital Markets anticipates a robust fourth quarter for Santos, driven by increased production in Western Australia and a return to normal output from the Cooper Basin. Santos is an Australian oil and gas company. The company explores, develops, produces, and markets hydrocarbons across Australia and internationally. The analyst report suggests that free cash flow is slated to increase by 2026, with at least 60 per cent allocated for shareho…
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