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1、 Media enquiries Daniela Ritorto+61 8 8116 5167/+61(0)455 319 770 Investor enquiries Andrew Nairn+61 8 8116 5314/+61(0)437 166 497 Santos Limited ABN 80 007 550 923 GPO Box 2455,Adelaide SA 5001 T+61 8 8116 5000 F+61 8 8116 5131 Page 1 of 3 21 February 2019 Santos reports record annual underlying pr
2、ofit of$727 million and record free cash flow of$1,006 million Full-year(US$m)2018 2017 Change Product sales 3,660 3,100 18%EBITDAX1 2,160 1,428 51%Underlying profit1 727 318 129%Net profit/(loss)after tax 630(360)nm Free cash flow1 1,006 618 63%Final dividend(UScps)6.2-6.2cps nm denotes not meaning
3、ful Santos today announced its full-year results for 2018,reporting both record underlying profit and record free cash flow.The Board has resolved to pay a final dividend of US6.2 cents per share fully-franked.This brings full-year dividends to US9.7 cents fully-franked per share.Santos Managing Dir
4、ector and Chief Executive Officer Kevin Gallagher said:“Todays announcement of full-year results demonstrates delivery of our strategy to drive sustainable shareholder value by establishing a low-cost,high-performance operating model that generates strong cash flows through the oil price cycle.”“San
5、tos has delivered strong financial results for 2018 with EBITDAX1 up 51%to a record US$2.2 billion and free cash flow1 up 63%to a record of more than US$1 billion.Underlying profit1 after tax more than doubled to a record US$727 million.Santos is now on a firm path to grow production and reserves.”M
6、r Gallagher said the recent completion of the acquisition of Quadrant Energy will provide a significant boost in Santos production in 2019,with the company targeting production of between 71 and 78 mmboe.“The acquisition,combined with organic reserves additions,contributed to strong reserves growth