Santos (STO) still has value. Santos (STO) reported an underlying profit of $553m which was in-line with consensus forecasts

Santos (STO) still has value. Santos (STO) reported an underlying profit of $553m which was in-line with consensus forecasts. The final dividend of 15c is down on the 1H14 dividend of 20c (flat on 2H13) and may disappoint some. We continue to see value in the stock for longer-term investors but note that the share price will continue to be affected by oil price volatility. Read more of Morgans reporting season commentary on AIA, MPL, DUE, TPI, REG. (VIEW LINK)


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