STO News: Santos' (ASX:STO) investors will be pleased with their notable 62% return over the last three years - 9th May 2023, 3:27pm

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By buying an index fund, you can roughly match the market return with ease. But if you buy good businesses at attractive prices, your portfolio returns could exceed the average market return. For example, the Santos Limited (ASX:STO) share price is up 48% in the last three years, clearly besting the market return of around 34% (not including dividends).

Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.

See our l...

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