Financial Performance of Santos Limited and Woodside Petroleum

ACCOUNTING FOR
MANAGERS

Table of Contents
Introduction......................................................................................................................................4
Financial Performance.....................................................................................................................4
Key Trend (Horizontal) Analysis................................................................................................4
Key Ratios.......................................................................................................................................7

Introduction
Santos Limited was liquidated and registered on the Australian stock market in 1954 under the
code STO. Santos is an Australian group, based in Adelaide, South Australia. Its core activities
include the exploration, supply and supply of oil and gas for the energy needs of national,
industrial and key companies in Australia and Asia. It has five long-lived gaseous gasoline
sources which are GLNG, PNG LNG. Santos' operations are primarily concentrated in Australia
and Asia Pacific and have a 1900 workforce. Santos is recognized as a key player in rural gas
suppliers and LNG exporters (Santos Publishers, 2020).
In evaluating Santos 'proven performance and prospects for future executions, Woodside
Petroleum Ltd was selected as Santos' inspiring benchmark. Woodside Petroleum is also an
Australian group and has settled in Perth, Western Australia. The company was founded in 1954
and was once known as Woodside Oil NL. In 1971, the company was confirmed as Woodside
Petroleum Limited "Woodside" and registered on the Australian Stock Exchange under the code
WPL. Unlike Santos, Woodside's business line includes the exploration, creation and supply of
oil and gas for energy needs. Additionally, Woodside is recognized as one of Australia's leading
national gas suppliers and largest gasoline producer. Woodside has a production force of over
3,600, a larger worldwide presence, and nearly double the size of the piece facing Santos.
Financial Performance
The implementation of Santos currency will be halted by the use of cash proceeds in the last few
years (2016 to 2020). Methods of analysis include pattern (uniform) analysis, “SGR” growth
rate, the compilation of working capital calculations including the cash turnover cycle and other
key allowances for further analysis. Santos benefits, liquidity and cash risk. The forest side will
be used as a benchmark to study Santos' silver value. Despite the fact that Woodside is larger and
more complex in terms of market size and total assets, strategies for using the pattern (uniform)
and proportion analysis (vertical) will help make a budget summary of a consistent size to allow
for a similar analysis between two distinct group dimensions.