Woodside Energy

WDS

Market cap $41.5B

Some ​workers at ‌Woodside Energy's Karratha gas ​plant ​and Pluto liquefied ⁠natural ​gas facilities ​in Western Australia will begin ​a ​strike action from ‌Wednesday, ⁠the Offshore Alliance workers ​union ​said ⁠in a Facebook ​post ​on ⁠Friday.

Woodside Energy's long-delayed Browse liquefied natural gas project is now expected to cost A$48.7 billion ($35.2 billion), according to a new report ​commissioned by the company.

Australia's Woodside Energy is struggling ​to sell liquefied natural gas volumes from its planned Louisiana LNG export facility because it is seeking liquefaction fees ‌above prevailing U.S. market rates, two people familiar with the matter told Reuters.

PERTH, Australia--(BUSINESS WIRE)--Woodside Energy Group (ASX: WDS) (NYSE: WDS): 2026 full-year guidance   Prior Current Total production volumes1 MMboe 172-186 No change Gas hub exposure2 % ~30 No change Capital expenditure3456 $ million 4,000 - 4,500 No change Abandonment expenditure $ million 500 - 800 No change Exploration expenditure $ million ~200 No change Production costs $ million 1,500 - 1,800 No change Feed gas, services and processing costs $ million 500 - 600 No change Property, pl.

Australia's Woodside Energy posted a ​1.6% drop in its ‌first-quarter revenue on Wednesday, as ​Tropical Cyclone ​Narelle disrupted production at ⁠its Western ​Australian assets.

Woodside Energy Group Ltd (WDS) Shareholder/Analyst Call Transcript

PERTH, Australia--(BUSINESS WIRE)--In accordance with the Listing Rules, please see attached announcement relating to the above, for release to the market. This announcement was approved and authorised for release by Woodside's Disclosure Committee. Forward-looking statements This announcement contains forward-looking statements. These statements may relate to Woodside's business, goals, plans, targets, aspirations, expectations, market conditions, results of operations and financial condition,.

Australia's Woodside Energy said on Wednesday that the federal court has ​dismissed proceedings brought against the ‌company by Greenpeace Australia Pacific (GAP) in December 2023.

Woodside Energy is well positioned amid Strait of Hormuz disruptions. The company has strong Asian exposure and new U.S. assets.

I rate Woodside Energy (WDS) a buy, driven by higher-for-longer LNG and oil prices amid ongoing Middle East disruptions. WDS's conservative strategy limits near-term upside, with 75% of LNG contracted through 2028 at ~$11/BTU, but spot exposure benefits from elevated prices. My out-of-consensus forecast sees 2026 EBITDA at $11bn and FCF over $4bn, supporting dividends, debt reduction, and potential reinvestment.