---
title: "STO: Production up 3%, net profit $355M, and major projects drive outlook for higher H2 growth"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296279640.md"
description: "Strong first-half results with 3% production growth, $2.6B revenue, and $355M net profit. Major projects Pikka and Barossa ramped up, with second-half production expected to rise 20–30%. Robust liquidity and cost-saving initiatives support future growth.Original document: Santos Limited [STO] Earnings Release — Aug. 19 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-08-18T23:44:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296279640.md)
  - [en](https://longbridge.com/en/news/296279640.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296279640.md)
generator: "portal-rs"
---

# STO: Production up 3%, net profit $355M, and major projects drive outlook for higher H2 growth

Strong first-half results with 3% production growth, $2.6B revenue, and $355M net profit. Major projects Pikka and Barossa ramped up, with second-half production expected to rise 20–30%. Robust liquidity and cost-saving initiatives support future growth.

Original document: Santos Limited \[STO\] Earnings Release — Aug. 19 2026

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**