|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||5.27 - 5.31|
|52 Week Range||3.25 - 6.00|
|Beta (5Y Monthly)||1.85|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.11 (2.17%)|
|Ex-Dividend Date||Aug 20, 2021|
|1y Target Est||N/A|
Santos (ASX:STO) has had a great run on the share market with its stock up by a significant 21% over the last month. We...
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Oil Search rejected an unsolicited takeover proposal from Santos Ltd valuing the Papua New Guinea-focused oil and gas producer at A$8.8 billion ($6.5 billion), but both companies said on Tuesday they wanted to pursue further talks. Oil Search said the offer was not in the best interests of shareholders, but its shares rose 8% after both companies said it made sense to create a group that would rival Australia's top independent gas producer Woodside Petroleum in market value. "Oil Search agrees with Santos that there is strategic logic in a combination of the two companies," Oil Search said in a statement, but added that Santos had yet to come back with a fair offer.