Record Annual Production
Woodside achieved record annual production in 2024 with 194 million barrels of oil equivalent, reaching the top end of the full-year guidance range.
Strong Financial Performance
The company reported a net profit after tax of $3.6 billion, a significant increase from 2023, and earnings per share of US 189 cents.
Climate Commitments Achieved
Woodside reduced net equity Scope 1 and 2 emissions by 14% below their starting base in 2024, aligning with their climate targets.
Strategic Growth and Acquisitions
Woodside expanded its portfolio with significant acquisitions including Tellurian and the Louisiana LNG development, positioning it as a global LNG powerhouse.
Dividend Distribution
A fully franked total full-year dividend of US 122 cents per share was declared, at the top of the payout range.
Successful Project Milestones
Achievements include 80% completion of the Scarborough project, successful installation of the Pluto Train 2 modules, and the first cargo supply to Senegal's domestic refinery.