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Santos' (ASX:STO) stock is up by a considerable 17% over the past three months. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. In this article, we decided to focus on Santos' ROE.
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Simply put, it is used to assess the profitability of a compan...
>>> Read more: Santos Limited's (ASX:STO) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Simply put, it is used to assess the profitability of a compan...
>>> Read more: Santos Limited's (ASX:STO) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
