Woodside also pays a generous 7% fully franked dividend yield.
Santos is the high beta growth accelerator. UBS has flagged Santos as an incredibly cheap play with an implied long term oil price of just USD 67 a barrel. At USD 90 oil, Santos represents a valuation mismatch.
Together with Woodside & Santos, you have a strong energy barbell. When you buy both stocks, you let Australia's premium natural resources fund your long term wealth.
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