Woodside Energy Share Discussion Threads

[loganair] 06/11/2024 09:38

Trump is for producing as much oil and gas as possible = lower oil prices = lower profits for Woodside therefore a lower share price.

[rmorris94] 06/11/2024 08:19

Surprised to not see more upside for trump election. Woodside has a lot of Nat gas reserves in USA.

[tenerife] 25/10/2024 13:40

GARYCOOK, Not very nice, calling me a plonker!! I was mainly referring to the 100 index : i'm happy to hold onto my WDS shares because they pay a good dividend: and BHP.

[garycook] 25/10/2024 13:17

tenerife, You plonker BHP are not listed on the FTSE 100, but the FTSE Secondary Listing the same as WDS. Do your homework. BHP are listed on the LSE !!!

[tenerife] 25/10/2024 13:09

I use a dividend website and BHP has not appeared on the 100 index for a few months : i'll say again it also doesn't appear on the LSE 100 index.

[loganair] 25/10/2024 12:49

tenerife - BHP are definately still listed in London.

[fuzzle] 25/10/2024 12:16

Look again on Nov 20th. Reproduced from RNS:

"WOODSIDE TO DELIST FROM THE LONDON STOCK EXCHANGE



Woodside has reviewed its current listing structure and decided to delist from the London Stock Exchange (LSE). Woodside shares represented by depositary interests account for approximately 1% of Woodside's issued share capital. Trading volumes of Woodside shares on the LSE are low and delisting from the LSE will reduce Woodside's administration costs.



Woodside has applied to the UK Financial Conduct Authority (FCA) and the LSE to cancel the admission of Woodside shares to listing in the International Commercial Companies Secondary Listing category of the Official List of the FCA and trading under the ticker "WDS" on the Main Market for listed securities of the LSE.



In accordance with UK Listing Rule 21.2.17, Woodside is required to give at least 20 business days' notice of the intended cancellation of the listing of its shares. It is expected that the admission of Woodside's shares to the International Commercial Companies Secondary Listing category of the Official List and to trading on the LSE's Main Market for listed securities will be cancelled with effect from 08:00 (GMT) on 20 November 2024. The last day of trading of Woodside shares on the LSE will be 19 November 2024.



Woodside's primary listing on the Australian Securities Exchange (ASX) and its American Depositary Receipts (ADR) program on the New York Stock Exchange (NYSE) will not be affected by the delisting of Woodside shares from the LSE."

[tenerife] 25/10/2024 11:48

Not according to the LSE website.

[garycook] 25/10/2024 11:14

BHP are listed in London !!!

[tenerife] 25/10/2024 10:57

BHP are not listed in London, but are on ii, and dividends are paid, so there's no problem.

[blueliner] 24/10/2024 18:16

Thanks kiwi, very informative.
Not been an ideal investment up to now as my only fossil fuel stock, can will live with the dividend.

[kiwi2007] 24/10/2024 07:49

"...according to a note out of Morgans, its analysts are expecting a full year dividend of approximately A$1.84 per share in FY 2024.

This means that a dividend of approximately 80 Australian cents per share is expected in the second half.

Based on the current Woodside share price of $24.34, this final dividend equates to an attractive fully franked 3.3% dividend yield.

After which, Morgans is expecting a dividend cut in FY 2025. The broker is forecasting Woodside to pay a fully franked dividend of approximately A$1.53 per share in FY 2025. However, if this estimate proves accurate, it will still mean a generous 6.3% dividend yield for investors."

I think the price looks attractive atm. Though the chart certainly doesn't. Plenty of selling action on the LSE these last few days, as you'd expect.

[loganair] 23/10/2024 13:26

Halifax, Iweb etc do not trade on the ASX therefore unless sold will need to find another broker after delisting.

[garycook] 23/10/2024 13:02

janicem, Can you not read the above Post. The new ASX listed shares will be credited to your account upon receipt, expected to be on 18th November 2024. Please note Australian listed shares will be quoted and traded in Australian Dollars as default. Going forward, dividends are expected to be received and paid to your account in Australian Dollars, automatically converted to GBP for ISA clients. The above email is from ii. So if you are not will them. I would transfer immediately.

[janicem] 23/10/2024 12:22

If I continue to hold in my isa, will I get divs? Or I can find a broker and transfer my shares so I can trade if I want to? What's others doing?

[garycook] 23/10/2024 06:01

WOODSIDE ENERGY GR ORD NPV (DI)
Event TypeDe-Listing
DescriptionDelisting

Effective date: 20th November 2024
Market affected: Main Market of the London Stock Exchange (LSE)
Trading restrictions for sales: 14th November 2024

Woodside Energy Group Ltd has announced its intention to cancel its listing of Depositary Interests (DIs) from trading on the LSE, effective from 20th November 2024. Woodside Energy Group Ltd will continue to maintain its primary listing of shares on the Australian Securities Exchange (ASX), which ii will be able to support for you.

The process of transferring shares put in place by the company inevitably means holders will be out of the market for a period of time whilst the transfer is completed. To minimise this time period, we will instruct a transfer of your shares to the ASX line on 15th November 2024. You continue to have the option to sell your shares on the LSE until close of trading on 14th November 2024.

The new ASX listed shares will be credited to your account upon receipt, expected to be on 18th November 2024. Please note Australian listed shares will be quoted and traded in Australian Dollars as default. Going forward, dividends are expected to be received and paid to your account in Australian Dollars, automatically converted to GBP for ISA clients.

[chriswatts] 23/10/2024 01:24

Is anyone clear about whether these can continue to be held in an ISA after they're converted to shares on ASX.?

[blueliner] 17/10/2024 17:37

Also carrying a loss, but not so insular.
Have reorganised my holding today, bought some, intend to remain as long as the dividend flows.

[anhar] 17/10/2024 12:22

Done. I've now, a little regrettably, seen the backside of Woodside.

[anhar] 17/10/2024 11:50

Definitely a nasty loss Gary if I sell now. Haven't finally decided yet. I just thought it might all be too costly with divi currency conversions being done here rather than by the company itself, which will incur charges, plus extra charges merely for holding a foreign share, my broker states. All of which will in effect reduce the income.

[garycook] 17/10/2024 11:28

anhar, You will still get the Full dividend from the ASX listing, so what seems to be the problem of selling, which must be at a loss on your holding in WDS ?

[anhar] 17/10/2024 10:59

Think I'll dump my WDS following the news of delisting from London, pity cos otherwise I would have continued to hold for the high yield as I'm purely an income investor.

[garycook] 16/10/2024 22:56

wllmherk, Think the Dividends are paid fully franked in Oz. Co Pilot is telling me that if the Oz shares are fully franked then no WHT to pay.

[loganair] 16/10/2024 14:47

I wonder if Woodside delisting has got anything to do with Sillybands and Labours hatred of fossil fuels and of oil companies.