Santos (ASX:STO) Stock After the Bell 12 Dec 2025: Oil Slips, Gas Policy Risk Looms Ahead of the Next Open
Santos shares finished Friday at A$6.26 as oil and LNG prices stayed soft and Australia’s east-coast gas policy debate intensified. Here’s what to watch next. Santos Limited (ASX:STO) ended Friday’s session (12 December 2025) slightly lower, even as the broader Australian market enjoyed a strong “Santa rally” burst. The setup heading into the weekend is classic Santos: part commodity tape (oil and LNG pricing), part politics (east-coast gas rules), part execution (Barossa ramp-up and other project milestones). And there’s one important calendar reality check: 13 December 2025 is a Saturday, so the ASX cash market isn’t open. The next Santos