JP Morgan upgraded Woodside Energy Group from Underweight 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 |
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
Outstanding performance from high quality assets Operations Maintained exceptional production from Sangomar of 78 Mbbl/day (Woodside equity interest) produced in the quarter. Quarterly production of 49.1 MMboe (546 Mboe/day), down 4% from Q4 2024 due to weather impacts at NWS and unplanned outages at Pluto, partially offset by higher production at Shenzi and Atlantis. Quarterly production increased 9% from Q1 2024 due to the addition of Sangomar production. Quarterly revenue of $3,315 million, down 5% from Q4 2024 primarily due to lower production and lower oil-linked prices. Quarterly revenue increased 13% from Q1 2024 due to Sangomar start-up in July 2024 and high gas hub-linked pr
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
6-K - WOODSIDE ENERGY GROUP LTD (0000844551) (Filer)
6-K - WOODSIDE ENERGY GROUP LTD (0000844551) (Filer)
6-K - WOODSIDE ENERGY GROUP LTD (0000844551) (Filer)
In accordance with the Listing Rules, please see attached announcement relating to the above, for release to the market. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250507937998/en/ This announcement was approved and authorised for release by Woodside's Disclosure Committee. Forward-looking statements This announcement contains forward-looking statements with respect to Woodside's business and operations, market conditions, results of operations and financial condition, including, for example, but not limited to, statements regarding any transaction (including statements concerning the timing and completion of the transactio
Woodside has signed an agreement with bp for the integrated energy major to supply natural gas to the Louisiana LNG project. This agreement represents the first tranche of a diversified portfolio of feedgas that will support the Louisiana LNG project, enabled by the project's extensive interconnectivity to multiple producing basins and inter-connecting pipelines. Woodside's CEO Meg O'Neill said the agreement marks another milestone for the Louisiana LNG project. "Louisiana LNG is a compelling investment, expected to deliver significant cash generation and create long term shareholder value. Securing this gas supply agreement is an important step for the project. "Woodside has a long his
Outstanding performance from high quality assets Operations Maintained exceptional production from Sangomar of 78 Mbbl/day (Woodside equity interest) produced in the quarter. Quarterly production of 49.1 MMboe (546 Mboe/day), down 4% from Q4 2024 due to weather impacts at NWS and unplanned outages at Pluto, partially offset by higher production at Shenzi and Atlantis. Quarterly production increased 9% from Q1 2024 due to the addition of Sangomar production. Quarterly revenue of $3,315 million, down 5% from Q4 2024 primarily due to lower production and lower oil-linked prices. Quarterly revenue increased 13% from Q1 2024 due to Sangomar start-up in July 2024 and high gas hub-linked pr
SC 13G/A - WOODSIDE ENERGY GROUP LTD (0000844551) (Subject)
SC 13G - WOODSIDE ENERGY GROUP LTD (0000844551) (Subject)
In accordance with the Listing Rules, please see attached announcement relating to the above, for release to the market. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250507937998/en/ This announcement was approved and authorised for release by Woodside's Disclosure Committee. Forward-looking statements This announcement contains forward-looking statements with respect to Woodside's business and operations, market conditions, results of operations and financial condition, including, for example, but not limited to, statements regarding any transaction (including statements concerning the timing and completion of the transactio
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