ASX:BPT 14 March 2026

Santos Limited Stock Price Rises as $100 Oil and Moomba Project Boost Outlook

Santos Ltd shares rose 0.5% to A$7.53 Friday as Brent crude closed above $100 a barrel for the first time since August 2022. The company committed A$357 million to the Moomba Central Optimisation project, aiming for over A$600 million in savings and lower unit costs. Santos also plans to cut about 10% of staff after a 25% drop in 2025 underlying profit.

14 March 2026

ASX:BPT·ASX:STO·ASX:WPL·Oil Prices·Stock Market

Philip Morris International Faces Regulatory Setbacks but Holds Long-Term Value Potential
April 2, 2026, 10:44 PM EDT. Philip Morris International (PM) shares fell about 6% following new FDA, Japan, and France regulations affecting its smoke-free product growth. Despite near-term uncertainty, PM's year-to-date return is down 1.37%, though five-year shareholder returns remain strong at 124.15%. Trading at $158.10, the stock shows a roughly 23% discount to its $180.38 fair value estimate. The valuation hinges on assumptions about the growth and profitability of smoke-free platforms like IQOS, ZYN, and VEEV amid shifting regulations. Investors must weigh potential upside against risks of further regulatory pressure or slowed product adoption. This moment presents a notable buying opportunity if smoke-free growth sustains, but caution is advised as the sector's narrative evolves.