STO News: Santos Limited's (ASX:STO) Stock Been Rising: Are Strong Financials Guiding The Market? - 26th May 2023, 6:14am

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Santos' (ASX:STO) stock is up by 6.7% over the past three months. Given its impressive performance, we decided to study the company's key financial indicators as a company's long-term fundamentals usually dictate market outcomes. Specifically, we decided to study Santos' ROE in this article.

Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. Put another way, it reveals the company's success at turning shareholder investments ...

>>> Read more: Santos Limited's (ASX:STO) Stock Been Rising: Are Strong Financials Guiding The Market?
 
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