# Santos

Type: Company (STO.AX)

Source: Finance Intelligence Brief — https://getfinancebrief.com/entity/santos
Canonical HTML page: https://getfinancebrief.com/entity/santos

## Timeline

- **2027-Q1**: FY26 Outlook Review — Company to report on the success of cost-saving measures and volume targets.
- **2026-Q2**: Restructuring Implementation — Expected completion of the headcount reduction and organizational streamlining.
- **2026-02-18**: FY25 Earnings Release — Santos reports a 33% drop in net profit and announces a 10% workforce reduction.
- **2026**: Pikka Phase 1 Start — Anticipated commencement of production at the Alaska-based Pikka project.

## Recent coverage (1 stories)

### Santos Slashes 10% of Workforce Following 33% Annual Profit Decline
2026-02-19 04:42:49 · Sentiment: Bearish · Impact: 6/10 · Sources: 2

Australian energy major Santos has announced a 10% reduction in its workforce following a sharp 33% drop in annual net profit for fiscal year 2025. The restructuring aims to bolster cost-efficiency as the company navigates a period of lower global energy prices and prepares for the launch of major projects in Alaska and Australia.
Full story: https://getfinancebrief.com/story/santos-layoffs-profit-decline-energy-markets

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