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Woodside Energy Group ( (AU:WDS) ) has issued an update.
Woodside Energy Group has completed the sell-down of a 40% interest in Louisiana LNG Infrastructure LLC to Stonepeak, a global investment firm. This transaction, which involves Stonepeak contributing $5.7 billion towards the project’s capital expenditure, is expected to enhance the economics of the Louisiana LNG project and strengthen Woodside’s capacity for shareholder returns. The partnership with Stonepeak marks a significant milestone for Woodside, as it prepares for the first cargo from the Scarborough Energy Project in 2026. The deal underscores the strategic importance of Louisiana LNG in the growing global demand for cleaner energy solutions.
The most recent analyst rating on (AU:WDS) stock is a Hold with a A$23.00 price target. To see the full list of analyst forecasts on Woodside Energy Group stock, see the AU:WDS Stock Forecast page.
More about Woodside Energy Group
Woodside Energy Group is a prominent player in the energy sector, focusing on the production and development of liquefied natural gas (LNG) projects. The company is actively involved in expanding its LNG infrastructure and enhancing shareholder returns through strategic partnerships.
Average Trading Volume: 6,184,704
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$49.03B
Learn more about WDS stock on TipRanks’ Stock Analysis page.