Woodside Energy Group Ltd
- Open
- 23.06
- Day high
- 23.13
- Day low
- 22.91
- Prev close
- 23.30
- Volume
- 396K
- Mkt cap
- $43.6B
- P/E (TTM)
- 6.9
- EPS (TTM)
- $3.31
- P/B
- 1.2
- P/S
- 1.7
- Yield
- 2.48%
- Per share
- $0.57
Woodside Energy Group Ltd (WDS) is a Energy company listed on NYSE. The stock is up 30% over the past year. Drillr has 2 published research articles covering WDS.
Woodside Energy Group Ltd (WDS) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
WDS earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Feb 23, 2026 | $0.70 | $0.73 | +5.0% | $6.4B | +0.4% |
| Aug 18, 2025 | $0.69 | $0.69 | -0.6% | $6.6B | -0.1% |
| Apr 19, 2024 | $0.59 | $-0.04 | -107.2% | $6.6B | +1.1% |
| Mar 15, 2023 | $1.76 | $2.54 | +44.3% | $11.0B | -1.4% |
| Jun 29, 2019 | — | $0.45 | — | $2.3B | — |
| Dec 31, 2018 | — | $0.44 | — | $1.4B | — |
| Dec 31, 2016 | — | $0.31 | — | $1.1B | — |
| Dec 31, 2015 | — | $-0.40 | — | $1.2B | — |
WDS insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Mar 30, 2026 | Abbotsford Mark Anthonyofficer: See Remarks | Sell | 7,500 | $23.94 |
| Mar 25, 2026 | Abbotsford Mark Anthonyofficer: See Remarks | Sell | 7,500 | $24.06 |
Source: WDS SEC Form 4 filings, latest Mar 30, 2026. For informational purposes only — not investment advice.
See the full WDS insider & 13F page →WDS research & analysis
LNG Stocks to Watch as Asia-Pacific Demand Surges — WDS, COP, CVX Ranked
Australia's reliance on LNG exports amid volatility spotlights US-listed winners like WDS and COP with direct Asia-Pacific ties. The article analyzes six firms' exposure, financials, and ranks conviction amid rising demand.
CVXCOPLNGIran Oil Disruption: CNQ, SU, and WDS Gain Share as Canada Ramps Energy Exports
Canada's government energy trade push amid Iran-driven oil supply shocks positions CNQ, SU, and WDS for market share expansion, backed by record production, strong FCF, and surging stocks. Financials show resilience with CNQ's $10.8B net income and 42% YTD gains, trading at attractive valuations. Bullish on export growth lifting margins 15-20%.
CNQSU
Woodside Energy Group Ltd company profile
Overview
Woodside Energy Group Ltd (ASX:WDS) is Australia's largest independent oil and gas company, founded in 1954 and headquartered in Perth, Australia. Originally established as Woodside Petroleum Ltd, the company underwent a significant transformation in 2022 when it merged with BHP's petroleum business and rebranded as Woodside Energy Group Ltd. This merger created one of the world's top 10 independent energy companies by production, with operations spanning across Australia, Asia, Africa, and the Americas. The company has grown from its origins in Western Australia's North West Shelf to become a major global liquefied natural gas (LNG) producer and oil developer.
Business
Woodside operates in the upstream oil and gas sector, focusing on the exploration, development, production, and marketing of hydrocarbons. The company's core business revolves around liquefied natural gas (LNG) production and marketing, which involves cooling natural gas to minus 162 degrees Celsius to convert it into a liquid form that can be transported efficiently by ship to global markets. The company's operations can be divided into several key segments: 1. **LNG Production and Marketing (Primary Revenue Driver - approximately 60-70% of revenue)**: Woodside operates world-class LNG facilities including the North West Shelf Venture, one of Australia's largest resource developments. LNG is natural gas that has been processed and liquefied for easier storage and transportation, primarily serving Asian markets where it's regasified and used for electricity generation and industrial processes. 2. **Oil Production (approximately 20-30% of revenue)**: The company develops offshore oil fields, including the recently commissioned Sangomar project in Senegal and participation in deepwater projects like Mad Dog in the Gulf of Mexico. These projects extract crude oil from subsea wells using floating production, storage, and offloading vessels (FPSOs). 3. **Domestic Gas (approximately 10-15% of revenue)**: Woodside supplies pipeline natural gas to domestic Australian markets, primarily for industrial use and electricity generation. 4. **New Energy Ventures (Emerging segment)**: The company is investing in hydrogen production, ammonia manufacturing, and carbon capture and storage technologies as part of the global energy transition. Major operational assets include interests in the Greater Browse, Greater Sunrise, Greater Pluto, Greater Exmouth, North West Shelf, Wheatstone, and Scarborough projects in Australia, as well as international developments in Senegal, Mexico, and the United States.
Revenue model
Woodside generates revenue primarily through the sale of hydrocarbons to global energy markets, with customers including utilities, industrial companies, and energy traders. The company operates under several revenue models: **Product Sales Revenue**: The majority of income comes from selling LNG, crude oil, condensate, and pipeline gas at prevailing market prices. LNG sales are typically structured through long-term contracts (15-20 years) with price indexation to oil or gas benchmarks, providing revenue stability. Shorter-term and spot sales capture market volatility and price upside. **Marketing and Trading**: Woodside operates a portfolio marketing approach, optimizing cargo deliveries across its LNG portfolio and capturing arbitrage opportunities between different regional markets. This includes third-party LNG trading activities. **Joint Venture Partnerships**: Many projects operate as joint ventures where Woodside acts as operator and receives fees for technical services, project management, and operational expertise, in addition to its equity share of production revenues. Several factors significantly impact Woodside's profitability margins: **Positive Margin Drivers**: Rising global LNG demand, particularly from Asian economies transitioning from coal to gas, supports pricing power. The company's low-cost, long-life assets provide competitive advantages. Operational excellence and high facility reliability (consistently above 97%) maximize production volumes. Currency fluctuations benefit the company when the Australian dollar weakens against the US dollar, as most revenues are USD-denominated while many costs are AUD-denominated. **Margin Pressures**: Volatile commodity prices create earnings uncertainty, though long-term contracts provide some stability. Increasing global LNG supply from new projects, particularly from the United States and Qatar, intensifies competition. Rising labor costs and supply chain inflation affect operational expenses. Environmental regulations and carbon pricing mechanisms add compliance costs. Geopolitical tensions can disrupt supply chains and market access.
Competitive moat
Woodside possesses a moderate to strong competitive moat built on several key advantages, though it faces increasing competitive pressures in the global energy market. **Resource Quality and Location**: The company controls world-class, long-life LNG assets with low production costs, particularly the North West Shelf and Pluto facilities. Australia's political stability and proximity to major Asian LNG markets provide geographic advantages over many competitors. These assets have decades of remaining reserves, creating sustainable competitive positioning. **Operational Expertise and Scale**: Woodside has developed deep technical expertise in complex offshore LNG operations, evidenced by industry-leading facility reliability rates above 97%. The company's scale allows it to optimize cargo deliveries across multiple facilities and capture marketing premiums through portfolio effects. **Long-term Contract Portfolio**: Established relationships with major Asian utilities through long-term supply agreements provide revenue stability and customer stickiness. These contracts, some extending 15-20 years, create barriers for competitors seeking market share. **Integration and Infrastructure**: The company's integrated value chain from wellhead to customer delivery, combined with established shipping and logistics networks, creates operational efficiencies that are difficult to replicate. **Competitive Threats**: The moat faces pressure from several sources. Increasing global LNG supply, particularly from low-cost US shale gas projects and massive Qatari expansions, threatens pricing power. Renewable energy adoption and electrification in key markets could reduce long-term gas demand. New technologies like floating LNG facilities lower barriers to entry for competitors with stranded gas resources. Additionally, the energy transition toward renewables creates uncertainty about the long-term value of hydrocarbon assets. While Woodside's moat remains intact due to its high-quality assets and operational capabilities, the competitive landscape is intensifying, requiring continued investment in low-cost projects and operational excellence to maintain positioning.
Risks & safety
**Overall Assessment**: Woodside maintains a solid financial position with manageable debt levels and strong cash generation, though recent acquisitions have temporarily elevated leverage. **Liquidity and Debt**: - Cash and short-term investments: $3.9 billion (2024) - Total liquidity: $7.8 billion including undrawn facilities - Debt-to-equity ratio: 33% (within target range of 10-20%, temporarily elevated due to acquisitions) - Current ratio: 1.29x indicating adequate short-term liquidity - Net debt gearing increased but remains manageable with multiple deleveraging options **Valuation Metrics**: - Price-to-earnings ratio: 4.5x (2024) - appears undervalued relative to historical averages - EV/EBITDA: 2.1x - low multiple suggesting potential value - Price-to-book ratio: 0.84x - trading below book value - Free cash flow: Slightly negative in recent quarters due to high capital expenditure phase **Other Considerations**: - Strong operational cash flow generation: $5.8 billion (2024) - Dividend yield supported by 80% payout ratio policy - Major capital projects (Scarborough, Sangomar) nearing completion should improve free cash flow - Commodity price sensitivity creates earnings volatility risk
Recent development
Over the past few years, Woodside has executed a significant transformation strategy focused on scale expansion and portfolio diversification. The most pivotal move was the **2022 merger with BHP Petroleum**, which doubled the company's size and created one of the world's top 10 independent energy companies. This merger delivered $400 million in post-merger synergies and expanded Woodside's geographic footprint significantly. **Major Project Developments**: The company has advanced several large-scale projects toward production. The **Sangomar oil project in Senegal** achieved first oil in 2024 and rapidly ramped up to nameplate capacity of 100,000 barrels per day within nine weeks. The **Scarborough LNG project**, representing Woodside's largest development, reached 80% completion and remains on track for first LNG cargo in 2026. Additionally, the **Trion deepwater oil project in Mexico** progressed toward first oil targeted for 2028. **Strategic Acquisitions**: In 2024, Woodside made two transformational acquisitions. The company acquired **Tellurian and its Louisiana LNG development**, gaining access to a fully-permitted US LNG export facility with competitive advantages including secured permits and a priced EPC contract with Bechtel. Simultaneously, Woodside acquired **OCI's Beaumont New Ammonia project**, marking its entry into the clean ammonia market as part of the energy transition strategy. **Energy Transition Positioning**: The company committed $5 billion toward new energy investments by 2030, focusing on hydrogen production, ammonia manufacturing, and carbon capture and storage. Woodside achieved a 14% reduction in net equity Scope 1 and 2 emissions and established a target to abate 5 million tonnes of CO2 equivalent annually by 2030. **Operational Excellence**: Throughout this expansion, Woodside maintained industry-leading LNG facility reliability above 97% and reduced unit production costs to $8.10 per barrel of oil equivalent, demonstrating operational discipline during the growth phase.
WDS company profile · for informational purposes only — not investment advice.
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