Woodside Posts Strong 2025 Reserve Additions Despite Lower Year-End Volumes

The latest update is out from Woodside Energy Group ( (WDS) ).

On 17 February 2026, Woodside released its annual reserves statement, reporting that at 31 December 2025 it held 1,882.1 MMboe of proved (1P) reserves, 2,999.5 MMboe of proved plus probable (2P) reserves, and 5,795.7 MMboe of 2C contingent resources, slightly down year-on-year but higher once divestments and production are excluded. The update highlighted strong reservoir performance at assets such as Pluto and Sangomar, reserve additions from sanctioned projects including Greater Western Flank 4, Turrum Phase 3 and the Atlantis expansion, and a reserves life of 8.9 years (1P) and 14.2 years (2P), reinforcing Woodside’s portfolio quality and its capacity to support long-term shareholder returns.

The most recent analyst rating on (WDS) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Woodside Energy Group stock, see the WDS Stock Forecast page.

Spark’s Take on WDS Stock

According to Spark, TipRanks’ AI Analyst, WDS is a Outperform.

Woodside Energy Group’s strong financial performance and attractive valuation are key strengths, supported by positive earnings call sentiment. However, technical indicators suggest caution due to overbought conditions, and declining revenues pose a risk.

To see Spark’s full report on WDS stock, click here.

More about Woodside Energy Group

Woodside Energy Group Ltd is an Australian oil and gas producer listed on the ASX and NYSE, with a global portfolio spanning Australia, Senegal and the United States. The company focuses on LNG and other conventional energy projects, positioning itself as a major supplier to growing energy markets while pursuing high-value developments to sustain long-term production and cash flow.

Average Trading Volume: 891,129

Technical Sentiment Signal: Buy

Current Market Cap: $34.54B

Learn more about WDS stock on TipRanks’ Stock Analysis page.