Santos (OTCMKTS:SSLZY) Shares Down 1.7% – What’s Next?

Santos Limited (OTCMKTS:SSLZY) shares fell 1.7% on Wednesday . The stock traded as low as $4.60 and last traded at $4.60. 182,340 shares traded hands during trading, an increase of 22% from the average session volume of 149,456 shares. The stock had previously closed at $4.68.

Santos Stock Down 1.3 %

The company has a fifty day moving average price of $4.90 and a 200-day moving average price of $5.04.

Santos Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Tuesday, September 3rd were issued a $0.13 dividend. The ex-dividend date was Tuesday, September 3rd.

Santos Company Profile

Santos Limited explores for, develops, produces, transports, and markets hydrocarbons in Australia and Papua New Guinea. The company's assets are located in the Cooper Basin, Queensland and NSW, Papua New Guinea, Western Australia, Northern Australia and Timor-Leste. It also holds an asset in Alaska, the United States; and engages in the development of decarbonization technologies, such as carbon capture and storage technologies.