STO News: Declining Stock and Solid Fundamentals: Is The Market Wrong About Santos Limited (ASX:STO)? - 21st Nov 2023, 7:23am

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With its stock down 12% over the past month, it is easy to disregard Santos (ASX:STO). However, stock prices are usually driven by a company’s financial performance over the long term, which in this case looks quite promising. Particularly, we will be paying attention to Santos' ROE today.

Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In simpler terms, it measures the profitability of a company in relation to shareh...

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