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Santos swears it will end the boom and bust years

It’s one thing to preach discipline, it’s another to practice it.

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Santos is one of the ASX’s great growth hopes that has never quite lived up to its promise.

Bullish fund managers pinned their careers on it through the 2000s and 2010s, tipping the oil and gas group as Australia’s great bold bet in the pre-WiseTech and Afterpay era, when building businesses and creating shareholder value took years and lots of capital.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/why-santos-wants-to-end-the-boom-and-bust-years-20241119-p5krsd