We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now


It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

WDS Woodside Energy Group Ltd

22.00 (1.53%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Woodside Energy Group Ltd LSE:WDS London Ordinary Share AU0000224040 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  22.00 1.53% 1,462.00 1,460.00 1,464.00 1,464.00 1,418.00 1,418.00 39,750 16:12:52
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 13.99B 1.66B 0.8743 31.75 52.71B
Woodside Energy Group Ltd is listed in the Crude Petroleum & Natural Gs sector of the London Stock Exchange with ticker WDS. The last closing price for Woodside Energy was 1,440p. Over the last year, Woodside Energy shares have traded in a share price range of 1,368.00p to 2,006.00p.

Woodside Energy currently has 1,898,749,771 shares in issue. The market capitalisation of Woodside Energy is £52.71 billion. Woodside Energy has a price to earnings ratio (PE ratio) of 31.75.

Woodside Energy Share Discussion Threads

Showing 51 to 74 of 125 messages
Chat Pages: 5  4  3  2  1
Ex dividend this morning for 109 US cents - approx 95p
OPEC and allied oil-producing countries, including Russia, on Monday agreed to cut their supplies to the global economy by 100,000 barrels per day in order to bolster sliding prices.

Oil prices soared on the OPEC+ news, extending earlier gains. International benchmark Brent crude futures rose 3.9% to $96.63 a barrel, while US West Texas Intermediate (WTI) futures jumped 3.6% to $90 a barrel.

(Alliance News) - Uniper SE and Woodside Energy Group Ltd on Monday said they signed an agreement to supply up to 800,000 tonnes of liquefied natural gas per year to Europe.

German energy company Uniper has signed an agreement with Australian energy firm Woodside, which will see Woodside supply LNG to Europe from January 2023 up to 2039. The firms emphasise that the deal will supply Germany, which has no LNG ports. In July, the country announced it plans to finish building a floating LNG terminal by the end of 2022.

Recommendation impact (last updated: 30/08/2022) MorningStar

Event analysis
Woodside's First-Half 2022 Shines With Better Still to Come

We make no change to our AUD 43.00 fair value estimate for no-moat Woodside. The global top-10 independent hydrocarbon producer reported a better-than-expected 414% increase in underlying first-half 2022 net profit after tax to USD 1.82 billion, 13% ahead our USD 1.62 billion forecast. Woodside also paid its largest interim dividend since 2014, up 271% to AUD 1.52 per share, a shade below our AUD 1.54 forecast, equivalent to a healthy annualised 8.5% fully franked yield at the current share price.

However, we read no implication for our midcycle estimates. Profit outperformance against our expectation reflects a lower-than-expected interest rate and lower net debt balances on which that rate was calculated. Lower net debt levels reflect strong cash conversion, cash balances transferred from BHP Petroleum, and net asset sale proceeds. The interest rate was 1% versus 2.8% in the PCP, while Woodside received a completion payment of USD 1.08 billion for the BHP Petroleum merger and an additional capital contribution from Global Infrastructure Partners for Pluto Train 2.

Despite this, our 2022 EPS forecast drops slightly by 5% to AUD 5.33 after we increase operating cost expectations given inflationary conditions in the industry currently. Woodside guided for 2022 production of 145-153 mmboe and we're at the extreme upper bound, confident all stops will be pulled out to maximise production for a ravenous market. Our 2023 EPS forecast rises 9% to AUD 5.42 given rises in Brent crude and Japan Korea Marker LNG futures since our last research report. The JKM recently hit an eye-watering USD 70/million Btu, a far cry from sub-USD 2.00/mmBtu lows during 2020's pandemic nadir.

Our 2022 DPS forecast decreases 4% to AUD 4.00, but our 2023 forecast increases 9% to AUD 4.33, mirroring EPS moves. These equate to fully franked yields of 11.2% and 12.1% respectively at the current share price. But much will depend on the trajectory of energy prices, which will likely be volatile.

Payment date 6 October.
Only one full month of the full merged company in this half year.
The fact that it's rather more of an LNG producer then an oiler will be a real bonus over the next few years.

Looks good.

Interim Dividend of 109c - about 4.4%.

"The profit for the six months ended June 30, beat estimate
of around $1.49 billion, according to Visible Alpha." (Actual $1.82 billion.)

Will probably fall in this market - we'll see in the morning.

Looking forward to the results. Hopefully Woodside is an oil company that isn't frightened of paying dividends to its owners.

PERTH, AUSTRALIA / ACCESSWIRE / August 23, 2022 / Woodside's half-year 2022 results are scheduled for release on 30 August 2022.

The results will include the first financial statements and reserves and resources update issued for the company following completion of the merger with BHP's petroleum business (BHPP). Further context on changes to Woodside's reporting and other items in the half-year 2022 results is provided below.

Segment reporting restatement

The half-year 2022 financial statements will be represented under four segments to align with Woodside's management and business structure:

· Australia - covers Woodside's operating assets, exploration and development activities in Australia

· International - covers Woodside's operating assets, exploration and development activities outside Australia

· Marketing - includes third-party LNG trading activities, activities related to the sale and purchase of Corpus Christi cargoes and LNG optimisation activities

· Corporate/Other - corporate and all other activities unable to be allocated.

To enable a comparison of prior period performance, table A.1 "Segment revenue and expenses" has been restated using the new segments for the full-year 2021, half-year 2021 and full-year 2020 reporting periods. The restated tables are attached to this announcement and reflect Woodside prior to the merger with BHPP.

Woodside also intends to provide supplementary information by project in its half-yearly release which will include operating revenue; earnings before interest and tax (EBIT); earnings before interest, tax and depreciation and amortisation (EBITDA); depreciation and amortisation expense and production costs.....


Aus "franking" is of no use to UK holders. We are taxed on the cash received as a foreign dividend with no credit for the franked amount, meaning we have to pay tax at our top rate on that cash divi.

This treatment is in contrast to those foreign divis where tax is actually deducted from the payment. In that case we are taxed on the grossed up figure with credit given for the foreign tax deduction, but only up to the person's UK top tax rate.

None of this applies to shares held in ISAs as no dividends there attract any UK tax.

So as you say, the true yield to UK taxpayers is the net cash divi divided by the share price, not the grossed up franked figure.

Is the Woodside share price a buy for its 13% dividend yield?

*Dividend expectations

The broker Ord Minnett thinks that at the current Woodside share price, it’s going to pay a grossed-up dividend yield of 13.6% in FY22 and then 8.6% in FY23.

Macquarie believes that Woodside could provide a grossed-up dividend yield of 15.3% in FY22 and 8.1% in FY23.

One of the biggest estimates of all comes from Morgan Stanley – it’s predicting that Woodside will pay a grossed-up dividend yield of 18% in FY22 and 16.4% in FY22.

By most accounts, those yields are big.


*These estimates assume they'll be fully franked and franking is only of value to tax payers in Aus and NZ I believe. Maybe UK and US holders get some other benefit frpm the franlking?
Anyway, to get the actually cash dividend divide by 100 and multiply by 70 for fully franked shares on the ASX or NZX..

No-Moat Woodside's Second-Quarter 2022 Sizzles. We Increase our FVE to AUD 43.

We increase our fair value estimate for no-moat Woodside by 8% to AUD 43. Key is a sharp decline in the AUD/USD exchange rate to 0.69, versus circa 0.72 levels at the time of our last note. But a very strong second-quarter 2022 operating performance also contributes.

The now global top-10 independent hydrocarbon producer reported a 60% increase in second-quarter production to 33.8 million barrels of oil equivalent, or mmboe. This was a strong result considering only one month's contribution from the newly merged BHP Petroleum assets. On a like-for-like basis versus the first quarter of 2022, Pluto production increased 32% courtesy of the Interconnector (see below) and Enfield Area production increased 63% bouncing back after a period of maintenance. Wheatstone was a small detraction given Woodside's minority 13% equity position, production down 35% during a turnaround.

Similarly on a like-for-like basis, exclusively former BHP Petroleum asset performance included a 57% production increase from Bass Strait, and a 3% increase from northern hemisphere assets. An offshore Bass Strait fuel gas pipeline was redirected in June 2022 to increase production capacity enabling Woodside to supply additional gas into the eastern Australian domestic gas market.

Also impressive, average pricing on a like-for-like basis increased materially. Pluto price achievement rose 20% and the condensate price jumped 17%. Accelerated Pluto gas transported through the Pluto-Karratha Gas Plant Interconnector resulted in additional LNG production and sales of uncontracted cargoes into the high-priced LNG market.

We increase our 2022 and 2023 EPS forecasts by 2% and 6% to AUD 5.29 and AUD 4.98. The stronger 2023 rise factors stronger futures for Brent crude and the Japan Korea Marker. We exclude as exceptional items from 2022 EPS AUD 200 million noncash derecognition of provision for Corpus Christi and AUD 420 million in BHP Petroleum merger costs, totalling around AUD 0.60 per share pretax.

1 GBP = 1.73682 AUD (Was just over $2 to the GBP only 2 years ago)

Forecast yield 13.7% (2022) and 12.6% (2023) fully franked for the lucky Aussies.


Good news and a bump on the ASX today.

Friday, 24 June 2022
Woodside and Armada Balnaves Pte Ltd (Bumi) have been engaged in the Western Australian Supreme Court proceedings brought by Bumi (Armada Balnaves Pte Ltd v Woodside Julimar Pty Ltd CIV/1408/2016) with respect to Woodside’s termination in March 2016 of the services agreement for the Armada Claire FPSO.
The Supreme Court trial was held in February – March 2019. The Supreme Court found in favour of Woodside in January 2020 and dismissed Bumi’s claim.
Bumi subsequently appealed the Supreme Court’s decision to the Western Australian Court of Appeal (CACV/31/2020), and the appeal was heard in July 2021.
In a judgment issued today, the Court of Appeal has found in favour of Woodside and dismissed Bumi’s appeal

Can't see oil prices falling much any time soonhTTps://
blueliner - I am also with HSBC ID. I had the same letter but messaged them with the fact that WDS were trading on LSE.

Their reply: "I apologise for the confusion, we have been told the information we received towards the end of May is now null and void.

We are awaiting a further update from BHP as to what stock we are
due to receive and if it is going to indeed listed on the LSE, as
you have mentioned."

And I sold my in specie shares through them on 8th June.

I am not surprised, as I find them incompetent, but it would be expensive to transfer out at £15 per holding.

I started yesterday adding to my 'dividend in specie' holding of WDS in my HL ISA.
This follows confirmation (phone call) yesterday that HSBC InvestDirect cannot deal in the LSE listing even though they show on my account page. Originally HSBC said they couldn't handle it at all and would just forward me the proceeds.

So for the sake of paying £15 to HSBC am transferring the specie stock to HL so at least the entire holding will be with the same broker.

Still awaiting share certs or any form of confirmation of my holding from Computershare.
Share your line of thinking but I think there's a difference between the two.

4 per cent of Shell revenue is UK, I think it's about 10 per cent for BP. BP also has the status of a company that can be easily pushed around.

But I'm not putting new money into either.

In comments coinciding with listing, Woodside Energy’s chief executive Meg O’Neill warned a recently announced windfall tax will harm government attempts to revive Britain’s oil and gas industry.

“When governments change the rules without a whole lot of consultation or engagement, that’s a bit of a red flag for us,” O’Neill said in an interview in The Times, adding the windfall tax showed Britain was “not a particularly conducive place to invest”.

That is exactly why I am investing more here in WDS and not in BP. & SHEL

So is £16.81 the taxable amount of the in specie dividend?
HL,Gave me a value of £3,458.58 on 204 shares.So giving SIV of 1695.38p per WDS share.
and WDS closed Friday at 1915p. waiting for production and trading updates.
anhar- yes interesting; would have paid not to have used the sale facility as the shares opened at about £18.00 at the start of trading.
Is there any information yet on the given value of the shares as dividend for tax?

For anyone using IG, my WDS shares are finally in the account.
Chat Pages: 5  4  3  2  1

Your Recent History

Delayed Upgrade Clock