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Why the Santos share price is back on my radar – Motley Fool Australia
The Santos share price surged 2.2% higher on Wednesday despite broad market falls. Is now a good time to buy this ASX energy share?
Are ASX energy shares back in the buy zone? Judging by the market movements this week, it would certainly seem to be the case.
The Santos Ltd (ASX: STO) share price jumped 2.2% higher on Wednesday and could be a hot prospect.
Shares in fellow oil producer Beach Energy Ltd (ASX: BPT) surged 5.4% despite a 1.3% drop in the S&P/ASX 200 Index (ASX: XJO).
So, is now the time to get into the market, or should you hold off buying ASX energy shares?
Why did the Santos share price surge higher?
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