Reporting Season 2026
Santos (ASX:STO) share price up despite a profit crash
The Santos Ltd (ASX:STO) share price is up despite the large oil producer announcing a big drop in its FY20 profit.
February 18, 2021
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
The Santos Ltd (ASX:STO) share price is up despite the large oil producer announcing a big drop in its FY20 profit.
The Fortescue Metals Group Limited (ASX:FMG) share price is up after the miner produced a strong HY21 result and announced a very big dividend.
The CSL Limited (ASX:CSL) share price has risen after the biotech giant announcing its FY21 half-year report.
The Sonic Healthcare Ltd (ASX:SHL) share price will be one to keep an eye today after the pathology share announced major growth in its FY21 half-year result.
Could the Wesfarmers Ltd (ASX:WES) share price be worth buying after revealing a $1 billion lithium play with the Mt Holland lithium project?
The Rio Tinto Limited (ASX:RIO) share price will be on watch today after reporting its FY20 result and announcing a monster dividend.
The Zip Co Ltd (ASX:Z1P) share price is down almost 12% right now. However, it is still up substantially over the last month.
The Pro Medicus Ltd (ASX:PME) share price has regained some of the lost ground, it’s now only down 3% after the FY21 half-year report.
The Pro Medicus Ltd (ASX:PME) share price has been whacked 8% this morning after it released its FY21 half-year result.
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