Earnings ForecastDepreciation and amortization rate for 2024 is higher than estimates, which has led to a reduction in the 2024 earnings per share and dividends per share forecasts by 6%.
Oil Market DynamicsOPEC plans to increase market supply in 2025, which could impact oil prices and affect Woodside Energy Group Ltd.
Regulatory ApprovalFederal approval remains pending for the North West Shelf Project life extension to 2070, which impacts the commercial viability of the Browse project.