JP Morgan downgraded Woodside Energy Group from Overweight to Neutral
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/25/2025 | Sell → Neutral | Citigroup | |
| 1/29/2025 | Neutral → Buy | BofA Securities | |
| 9/4/2024 | Neutral → Sell | Citigroup | |
| 8/27/2024 | Overweight → Equal-Weight | Morgan Stanley | |
| 8/20/2024 | Outperform → Mkt Perform | Bernstein | |
| 11/16/2023 | Neutral → Sell | Citigroup | |
| 10/9/2023 | Neutral → Buy | Goldman | |
| 8/2/2023 | Neutral → Underweight | JP Morgan |
Woodside has signed LNG sale and purchase agreements with Uniper for the supply of 1.0 million tonnes per annum (Mtpa) from Louisiana LNG LLC and up to 1.0 Mtpa from its global portfolio (Woodside Energy Trading Singapore Pty. Ltd.), demonstrating ongoing strong demand for LNG globally. Woodside CEO Meg O'Neill said these agreements represent another important milestone to move Louisiana LNG towards a final investment decision. "We are delighted to advance our longstanding relationship with Uniper through these milestone supply agreements. Uniper's commitment speaks volumes about Woodside's track record as a trusted LNG provider, built on decades of delivering reliable and flexible supply
In response to recent media speculation, Woodside confirms it is in discussions with Uniper regarding potential LNG supply. Discussions between the parties are ongoing and incomplete and no final agreement has been reached on the terms. Woodside will continue to update the market in accordance with its continuous disclosure obligations. This announcement was approved and authorised for release by Woodside's Disclosure Committee. View source version on businesswire.com: https://www.businesswire.com/news/home/20250416601311/en/ INVESTORS Sarah Peyman M: +61 457 513 249 E: [email protected] MEDIA Christine Forster M: +61 484 112 469 E: [email protected]
Woodside has entered into a binding agreement with Stonepeak, a leading global investment firm specialising in infrastructure and real assets, for the sale of a 40% interest in Louisiana LNG Infrastructure LLC, providing validation of project quality and increasing attractiveness of the project to other potential equity partners. The transaction significantly reduces Woodside's capital expenditure profile and is a material step towards readiness for a final investment decision. Under the transaction, Stonepeak will provide $5.7 billion towards the expected capital expenditure for the foundation development of Louisiana LNG on an accelerated basis, contributing 75% of project capital expen
Sangomar fuels record-breaking production Operations Record quarterly production of 53.1 MMboe (577 Mboe/day), up 20% from Q2 2024 due to ramp-up of Sangomar, increased uptime across operated assets including 99.9% LNG reliability at Pluto and increased seasonal domestic gas demand. Full-year production guidance has been narrowed to 189–195 MMboe. Quarterly revenue of $3,679 million, up 21% from Q2 2024 primarily due to Sangomar cargo sales and higher average LNG prices. Achieved nameplate capacity at Sangomar with gross production rates of 100,000 barrels per day. Capitalised on increased gas-hub prices by selling 39% of produced LNG cargoes in the quarter on prices linked to gas
Woodside has completed the acquisition of Tellurian Inc. (Tellurian) and its US Gulf Coast Driftwood LNG development opportunity. Woodside has acquired all issued and outstanding Tellurian common stock for approximately $900 million cash, or $1.00 per share. The implied enterprise value is approximately $1,200 million.1 Woodside is pleased to also announce it has renamed the Driftwood LNG development opportunity Woodside Louisiana LNG. Woodside Louisiana LNG is an under-construction, pre-final investment decision (FID), LNG production and export terminal in Calcasieu Parish, Louisiana. It is a high-quality, scalable development opportunity, with a total permitted capacity of 27.6 million
Woodside has completed the acquisition of 100% of OCI Clean Ammonia Holding B.V., which holds its lower carbon ammonia project in Texas (Project), from OCI N.V. (together with its affiliates, OCI).1 The completion follows Woodside's announcement on 5 August 2024 that it had entered into an agreement to acquire OCI's 1.1 Mtpa Clean Ammonia Project. Following start up of carbon capture and sequestration, the Project will generate ammonia with less than 35% the lifecycle emissions intensity of unabated ammonia.2 Woodside CEO Meg O'Neill said the transaction positioned Woodside as an early mover in the growing lower carbon ammonia market. "As a global energy provider, Woodside is focused on
SC 13G/A - WOODSIDE ENERGY GROUP LTD (0000844551) (Subject)
SC 13G - WOODSIDE ENERGY GROUP LTD (0000844551) (Subject)
6-K - WOODSIDE ENERGY GROUP LTD (0000844551) (Filer)
6-K - WOODSIDE ENERGY GROUP LTD (0000844551) (Filer)
6-K - WOODSIDE ENERGY GROUP LTD (0000844551) (Filer)
Citigroup upgraded Woodside Energy Group from Sell to Neutral
BofA Securities upgraded Woodside Energy Group from Neutral to Buy
Citigroup downgraded Woodside Energy Group from Neutral to Sell
The Woodside Board is pleased to announce the appointment of Mr Anthony (Tony) O'Neill as a nonexecutive Director, effective 3 June 2024. "We continually review our Board composition to ensure that Woodside's Board is best placed to support Woodside's global operations and strategic growth opportunities. Tony O'Neill has a distinguished reputation for his transformational work in the global mining industry and has worked extensively on climate, decarbonisation and sustainability initiatives. His experience in delivering outstanding operational performance along with his strategic thinking will be invaluable to Woodside. We are delighted to welcome Tony to the Woodside Board." Woodside Cha
APPOINTMENT OF EXECUTIVE VICE PRESIDENT AUSTRALIAN OPERATIONSPERTH, AUSTRALIA / ACCESSWIRE / April 27, 2023 / Woodside has appointed Ms Liz Westcott as Executive Vice President Australian Operations.Ms Westcott most recently held the role of Chief Operating Officer at EnergyAustralia, where she had broad leadership responsibilities across sustainability, HSSE, procurement and the operations of EnergyAustralia's generation portfolio.Prior to joining EnergyAustralia in 2018, Ms Westcott had a 25-year career at ExxonMobil working in Australia, the United Kingdom and Italy, including a secondment in 2013 to Adriatic LNG as Managing Director. Her roles spanned strategic planning, operations, proj
Retirement of Dr Sarah Ryan and Dr Christopher Haynes from the Woodside BoardPERTH, AUSTRALIA / ACCESSWIRE / March 8, 2023 / The Board of Woodside announces the retirement of Dr Sarah Ryan and Dr Christopher Haynes as Directors of Woodside. Dr Ryan and Dr Haynes will be standing down from their respective offices with effect from the conclusion of Woodside's 2023 Annual General Meeting, scheduled to be held on 28 April 2023 (2023 AGM).Dr Haynes has served on Woodside's Board since 2011 and is a member of the Audit & Risk Committee, the Sustainability Committee and the Nominations & Governance Committee.Dr Ryan joined the Woodside Board in December 2012 and serves on the Audit & Risk Committe