3 ASX Oil Energy Stocks to Consider as Sector Rebounds

The following ASX oil and gas stocks are poised for strong upcoming quarterly results supported by rising production which could improve investor sentiment.

Santos Limited (ASX: STO)

is expected to deliver a standout December 2025 quarter result supported by higher production volumes from Western Australia.

The company has a market capitalisation of $20.5 billion and reported a solid September 2025 quarter with production of 21.3 mmboe which was achieved despite planned maintenance and weather disruptions.

Quarterly sales revenue reached $1.1 billion while free cash flow from operations was around $300 million and the company has entered a catalyst rich phase as the Barossa LNG project moves into production while the Pikka project progresses towards first oil.

The current annual yield stands at 5.80% which is very impressive and Santos is well positioned to benefit from a supportive energy market with an improving production profile while continuing to grow earnings.

Woodside Energy Group Limited (ASX: WDS)

now has a market capitalisation of $45.63 billion and on 23 October 2025 announced the signing and completion of a partnership with Williams for the Louisiana LNG project which included the sale of a 10% interest in Louisiana LNG LLC and an 80% interest together with operatorship of the Driftwood Pipeline for US$378 million.

The company is currently offering an annual yield of 6.95% and delivered a solid operational quarter as third quarter production reached 50.8 MMboe which represented a modest 1% increase quarter-on-quarter.

Total quarterly revenue came in at US$3.359 billion while the average realised price improved to US$60 per boe which reflects diversified pricing exposure and ongoing portfolio optimisation.

Looking ahead, upcoming quarterly results are expected to improve and the fully franked dividends make the investment case much better.

Amplitude Energy Limited (ASX: AEL)

has delivered a strong start to FY26 as Q1 production reached 6.85 PJe and revenue came in at $69.9 million which was supported by a solid average realised gas price of $10.16/GJ.

A key recent milestone was the successful completion of a $150 million equity raising which has strengthened the balance sheet as it ended the quarter with cash of $76.2 million and net debt of $229 million which reduced further to around $84 million.

The company wants to begin drilling at the Elanora and Isabella prospects from January 2026 which is an important catalyst that could lift future gas supply.

Amplitude Energy has a market capitalisation of $875.65 million and the stock has risen 38.22% over the past 12 months which combined with multiple development catalysts positions the company for growth.

(Source: Company Reports)