GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Santos Ltd (ASX:STO) » Definitions » Cash Paid for Insurance Activities

Santos (ASX:STO) Cash Paid for Insurance Activities


View and export this data going back to 1954. Start your Free Trial

What is Santos Cash Paid for Insurance Activities?

Cash Paid for Insurance Activities only applies to insurance companies.


Santos (ASX:STO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Santos Ltd (ASX:STO) » Definitions » Cash Paid for Insurance Activities
Traded in Other Exchanges
Address
60 Flinders Street, Ground Floor Santos Centre, Adelaide, SA, AUS, 5000
Santos was founded in 1954. The company's name is an acronym for South Australia Northern Territory Oil Search. The first Cooper Basin gas discovery came in 1963, with initial supplies in 1969. Santos became a major enterprise, though over-reliance on the Cooper Basin, along with the Moomba field's inexorable decline, saw it struggle to maintain relevance in the first decade of the 21st century. However, the stage was set for a renaissance via conversion of coal seam gas into LNG in Queensland and conventional gas to LNG in PNG.