Santos Cuts 2026 Volume Forecast Amid Pikka Disruptions
Santos narrowed its 2026 production forecast following temporary disruptions at its Alaska oil project. The adjustment comes despite the company reporting record quarterly output and a sharp jump in revenue.
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Santos narrowed its 2026 production outlook on Thursday afternoon after temporary disruptions at its Alaska project offset a 78% jump in third-quarter revenue. The downward revision by Australia's second-largest independent oil and gas producer comes despite record quarterly output. Investors face recalibrated growth expectations as newer international assets begin driving cash flow.
