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Woodside Energy Group ( (AU:WDS) ) has shared an update.
Woodside Energy Group reported record annual production, driven by outstanding performance from Sangomar, despite a slight downturn in quarterly production due to lower seasonal demand and an unplanned shutdown at Pluto. The company is advancing its growth strategy with key projects like Scarborough and Trion progressing well and strategic partnerships such as the sale of a stake in the Scarborough Joint Venture to JERA. Additionally, Woodside is streamlining its portfolio through an asset swap with Chevron and focusing on sustainability with a notable reduction in net equity emissions. These efforts highlight Woodside’s commitment to delivering long-term shareholder value while supporting energy needs globally.
More about Woodside Energy Group
Woodside Energy Group operates in the energy sector, primarily focusing on the production and distribution of oil, gas, and liquefied natural gas (LNG). The company is engaged in several significant projects, including the Scarborough Energy Project and the Trion Project, and has a strong presence in the Australian and US markets.
YTD Price Performance: 4.07%
Average Trading Volume: 4,006,365
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$48.56B
For an in-depth examination of WDS stock, go to TipRanks’ Stock Analysis page.
