Santos

STO shares remain heavily discounted, given superior free cash flow. Barossa project progression, completion of PNG selldown, and the potential merger proposal from WDS are all positive catalysts.

We expect STO to report a solid 4Q on 25th January and we look to buy STO on the current dip in price.

US Earnings

Monday, January 29 – Whirlpool and Nucor.

Tuesday, January 30 – General Motors, United Parcel Service, Sysco, Pfizer, Alphabet, Microsoft, Starbucks, Mondelez International, and Advanced Micro Devices.

Wednesday, January 31 – Phillips 66, Boeing, Mastercard, MetLife, Qualcomm, and Boeing.

Thursday, February 1 – Merck, Honeywell, Altria, Amazon, Apple, Meta Platforms, Royal Caribbean Cruises and Post Holdings.

Friday, February 2 – Exxon Mobil, Chevron, AbbVie, and Charter Communications.