Woodside Energy Reports Decline in Half-Year Profit

Woodside Energy Group Ltd ( (WDS) ) has released its Q2 earnings. Here is a breakdown of the information Woodside Energy Group Ltd presented to its investors.

Woodside Energy Group Ltd is a major Australian energy company involved in the exploration, development, production, and marketing of oil and gas, with a focus on liquefied natural gas (LNG) and new energy solutions. In its latest half-year financial report for 2025, Woodside Energy Group Ltd reported a decline in profit after tax to $1,330 million from $1,972 million in the previous year, despite an increase in operating revenue to $6,590 million. The company completed significant transactions, including the divestment of its Greater Angostura assets and a partial sell-down of its Louisiana LNG project, which impacted its financial position. Key financial metrics showed a decrease in gross profit to $2,545 million and a reduction in basic earnings per share to 69.4 US cents. The company also recognized an impairment loss of $143 million related to its decision to exit the H2OK Project. Looking ahead, Woodside Energy Group Ltd remains focused on its strategic initiatives, including the development of the Louisiana LNG Project, while navigating the challenges of the current energy market.