Santos (ASX: STO) reported Q2 FY2026 sales revenue of A$1,349 million, up 6% quarter on quarter, as production rose 3% to 23.1 million barrels of oil equivalent. Realised LNG pricing increased to $11.21 per mmBtu. Barossa reached 97% of planned production rates and Pikka Phase 1 brought its first oil wells online. The company narrowed full-year production guidance to 99–105 mmboe and said free cash flow is expected to improve markedly in H2.

PolyNovo (ASX: PNV) reported FY26 group revenue of A$150 million, up 16.1% year on year. Free cash flow swung to A$10.4 million from -A$10.1 million, while NovoSorb MTX commercial sales rose 89.6%. The company ended the year with A$35.4 million in cash and cash equivalents and said its new manufacturing facility has been completed.

Samsung Biologics (KRX: 207940.KS) reported record second-quarter 2026 revenue of KRW 1,321 billion and operating profit of KRW 586 billion, and said cumulative contract value for the first half reached USD 21.6 billion. The company said Plant 5’s Process Performance Qualification (PPQ) work accelerated, while its all-cash public tender offer for PolyPeptide Group is expected to be completed toward the end of 2026. Samsung Biologics reiterated it remains on track to achieve the upper end of its previously announced 2026 guidance. The company said the results reflect sustained strength in its CDMO business and execution of global expansion plans.

The U.S. carried out an eleventh round of military strikes against Iran, with the Secretary of State saying Tehran is “not serious about talks,” sharply escalating geopolitical tensions. Brent crude rose to a more than one-month high and briefly topped $95 a barrel, while WTI climbed 3% to $86.83. The S&P 500 fell 0.2% and the Nasdaq 100 slid 0.5%, with QQQ down 0.8%. Tesla, Google, Reddit and Amazon came under pressure on earnings misses or concerns about capital spending, pushing their shares lower after hours.

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Federal Government to immediately suspend petrol import licences, saying the permits have coincided with higher pump prices of about N1,350 per litre. The group said imported petrol is selling well above supplies from the Dangote Petroleum Refinery and is worsening price volatility. It added that the implied offshore cost of imported products is almost 20 per cent higher than Dangote’s prices, increasing pressure on the dollar and the naira.

Dangote Petroleum Refinery resumed selling petrol in naira on 22 July 2026 and lifted its ex-depot price by N140 per litre to N1,215 per litre. The move ends a one-week switch to dollar pricing that tightened supply and pushed private depot prices to about N1,275 per litre. Retail pump prices have climbed to around N1,300 per litre as oil prices hovered near $94 per barrel amid renewed tension in the Middle East.

Elsight Ltd (ASX: ELS) reported US$5.4 million in customer receipts for the June quarter, a 6-month net operating cash inflow of US$3.8 million, and US$63.3 million in cash and cash equivalents at quarter end. The company also said it had an estimated 361 quarters of funding available at current cash burn rates. Despite the update, the stock fell 10% on the day. Bell Potter said the 2Q26 result was stronger than expected and maintained a buy rating while raising its price target to A$8.20, implying 27% upside from the closing price.

James Hardie (ASX: JHX) released preliminary first-quarter FY27 results showing net sales of US$1.449–$1.475 billion and adjusted EBITDA of US$399–$407 million, both well above its earlier guidance. The company attributed the beat to strong Siding & Trim sales, channel inventory normalization, and market share gains. It said the outperformance reflects execution and share expansion rather than a broader rebound in the U.S. housing market. Final results and updated guidance are scheduled for release after the U.S. market close on 6 August 2026.