(Bloomberg) -- Santos Ltd., one of Australia’s largest oil and gas producers, is facing a demand from an activist investor to reverse a “reckless” strategy of capital expenditure and focus on shareholder returns.Most Read from BloombergBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsRookie Traders Are Earning $400,000 in One Unlikely Markets HubMeta Plans Thousands More Layoffs as Soon as This WeekYour Next Holiday Flight Will Cost a FortuneSri Lanka Rupee to Reverse and Plummet 23%,
Santos' (ASX:STO) stock is up by a considerable 9.5% over the past month. Since the market usually pay for a company’s...
A look at the shareholders of Santos Limited ( ASX:STO ) can tell us which group is most powerful. We can see that...