Santos - M&A Summary and Business Overview

Oil/gas ExplorationCompany

Santos M&A Summary

Santos has acquired 6 companies, including 1 in the last 5 years. It has also divested 1 asset.

Santos’ largest acquisition to date was in 2011, when it acquired Eastern Star Gas for $618M. It’s largest disclosed sale occurred in 2016, when it sold Kipper Gas Field to Mitsui E&P Australia Pty for $520M. Santos has acquired in 1 US state, and 4 countries. The Company’s most targeted sectors include oil/gas exploration (100%).

Santos Business Overview

Where is Santos headquartered?

Santos is headquartered in Adelaide, Australia.

What is Santos’ revenue?

Santos disclosed revenue of 5,889M USD for 2023 and 7,790M USD for 2022.

How many employees does Santos have?

Santos has 3,864 employees.

What sector is Santos in?

Santos is an oil/gas exploration company.

When was Santos founded?

Santos was founded in 1954.

M&A Summary

  • M&A Total Activity7
    • M&A Buy Activity6
    • M&A Sell Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 4

Santos

Santos Ltd.

Santos Centre, Ground Floor 60 Flinders Street,
Adelaide, SA 5000
Australia,
+61 8 8116 5000
www.santos.com.au

Santos is an oil and gas producer, supplying Australian and Asian customers. With its origins in the Cooper Basin, Santos is one of Australia’s major producers of gas to the domestic market and has the largest exploration and production acreage position in Australia of any company. Santos was founded in 1954 and is based in Adelaide, Australia.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 5 - 1 - - - 6
vol $618M $618M
Sell (0.0/yr) # 1 - - - - - 1
vol $520M $520M
  7

Most Recent M&A

Company Date Value Type
Oil Search Ltd. 2021-12-17 - Merger
Port Moresby, Papua New Guinea · www.oilsearch.com
Kipper Gas Field 2016-03-03 520M USD Divestiture
, Australia
AWE Ltd - Northwest Natuna PSC 2013-11-25 - Stake Purchase
, Indonesia
PEL 570 Mudlalee Project 2013-01-31 - Stake Purchase
, Australia
Eastern Star Gas Ltd. 2011-07-18 618M AUD Add-on Acquisition
Sydney, Australia
Santos TPY Corp. 2005-10-28 - Add-on Acquisition
Houston, Texas
Basin Oil Pty Ltd. 2005-02-17 - Add-on Acquisition
, Australia
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 6 (100%) 618M (100%) 1 (100%) 520M (100%)
Total 6 $618M 1 $520M

By Geo

State/Country Buy Value Sell Value
Australia 3 618M 1 520M
Indonesia 1 - - -
Papua New Guinea 1 - - -
United States 1 - - -
  Texas 1 - - -
Domestic 3 (50%) 618M (100%) 1 (100%) 520M (100%)
Cross-border 3 (50%) - - -
Total 6 $618M 1 $520M

Deal Values

buy # Total
$100M to $1B 1 $618M
TOTAL $618M
Largest Eastern Star Gas Ltd.
$618M (2011-07-18)
sell # Total
$100M to $1B 1 $520M
TOTAL $520M
Largest Kipper Gas Field
$520M (2016-03-03)

M&A Connections

Deals
Acquired from
Strategic(s)
17%
1 (17%)
Divested to
Strategic(s)
100%
1 (100%)

Company Summary

SECTOR

Oil/Gas Exploration

Revenue

5,889   25% 2023
7,790   66% 2022
4,713   40% 2021
3,387   17% 2020
4,033   11% 2019
3,660   18% 2018
3,107   2017
(millions of USD) Show More Show Less

Employees

3,864

Established

1954

Public

Australia (ASX): STO

 Subscribe to unlock this and 206,067
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 198K M&A Transactions
  • 201K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 79K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Santos

Oil/Gas Exploration Companies , Australia Companies

Related Lists for Oil/Gas Exploration Companies

Largest Oil/Gas Exploration Companies , Acquisitive Oil/Gas Exploration Companies , Recently Acquired Oil/Gas Exploration Companies , Recently Sold Oil/Gas Exploration Companies , Private Oil/Gas Exploration Companies , Public Oil/Gas Exploration Companies , Acquired Oil/Gas Exploration Companies , PE Backed Oil/Gas Exploration Companies

Related Lists for Australia Companies

Largest Australia Companies , Acquisitive Australia Companies , Recently Acquired Australia Companies , Recently Sold Australia Companies , Private Australia Companies , Public Australia Companies , Acquired Australia Companies , PE Backed Australia Companies
Mergr

Product

Company

Legal