Woodside Energy Group Ltd

Woodside Energy Group Ltd. engages in the exploration, evaluation, development, and production of hydrocarbon and oil and gas properties. It operates through the following segments: North West Shelf, Pluto, Australia Oil, Wheatstone, Development, and Others. The North West Shelf segment produces liquefied natural gas, pipeline natural gas, condensate, liquefied petroleum gas and crude oil from the North West Shelf ventures. The Pluto segment develops liquefied natural gas in assigned permit areas. The Australia Oil segment is involved in the exploration, evaluation, development, production and sale of crude oil in assigned permit areas. The Wheatstone segment is involved in the exploration, evaluation, and development of liquefied natural gas, pipeline natural gas, and condensate. The Development segment includes the exploration of gas resources in Scarborough, Sangomar, and other project areas. The Other segment is composed of the activities undertaken by exploration, international and Sunrise Business Units. The company was founded on July 26, 1954 and is headquartered in Perth, Australia.

Woodside Energy Group is Australia's leading independent E&P with a large LNG business. The company's share price is approaching a long-term support level, which may present a buying opportunity. WDS's recent stock weakness could be due to the stock's stagnant growth profile. However, this is expected to change once the Scarborough LNG project comes online in 2026.

Woodside Energy: Raising To A Buy On Relative Valuation

PERTH, Australia--(BUSINESS WIRE)--In accordance with the Listing Rules, please see the transcript below relating to the above, for release to the market. This announcement was approved and authorised for release by Woodside's Disclosure Committee. Forward looking statements Disclaimer and important notice This announcement may contain forward-looking statements with respect to Woodside's business and operations, market conditions, results of operations and financial condition which reflect Woo.

Woodside Energy Group Ltd Annual General Meeting Address by Chair Richard Goyder and CEO Meg O'Neill

Woodside Energy said weaker output and lower realized prices for its oil and natural gas drove a drop in sales revenue in its latest quarter.

Woodside Revenue Falls on Lower Prices, Volumes

Woodside Energy has inked an agreement with South Korean state-owned natural gas firm Korea Gas Corp to supply liquefied natural gas (LNG) for more than a decade, the Australian oil and gas company said on Wednesday.

Woodside Energy inks long-term LNG supply deal with South Korea

Woodside Energy Group Ltd (WDS) Q4 2023 Earnings Call Transcript

Woodside Energy Group Ltd (ASX:WDS, LSE:WDS, OTC:WOPEF) has announced the sale of a 15.1% stake in the Scarborough LNG project, in Australia, to Japan's largest utility company in a deal worth US$1.4 billion. The deal sees an upfront purchase price of around $740 million, plus reimbursement for back-costs dating back to 1 January 2022 (the ‘effective date' of the transaction).

Woodside Energy sells Australian LNG project stake in $1.4bn deal

Woodside Energy has inked an agreement to sell a 15.1% stake in its Scarborough project to Japanese liquefied natural gas buyer JERA for an estimated $1.4 billion, the Australian oil and gas explorer said on Friday.

Woodside Energy to sell 15.1% stake in Scarborough to JERA for $1.4 bln

Woodside Energy Group Ltd stock has not seen much movement despite recent mergers and acquisitions.

Woodside Energy: Many Levers To Pull, And Knobs To Twist For Growth

Energy Transfer LP Unit

Shell PLC

Tellurian

Shell foresees LNG demand to surge over the next two decades. Demand could outstrip supply by around 2030.

Despite a Recent Setback, This Prediction Bodes Well for These Energy Stocks

Strategic merger with BHP Petroleum delivered high-quality resources and record production in 2023 Top quartile proved reserves life against peer group. 158% of production replaced by proved plus probable reserves added in 2023 Reserves additions from deepwater projects sanctioned in the Gulf of Mexico and improved performance in North West Shelf and Pluto, partly offset by reserves reductions in Shenzi Expected impairments associated with the goodwill and purchase price allocated to Shenzi at the time of the merger with BHP Petroleum, and Wheatstone short-term pricing, to be included in 2023 full-year financial statements PERTH, AUSTRALIA / ACCESSWIRE / February 15, 2024 / Woodside (ASX:WDS)(NYSE:WDS)(LSE:WDS) announced today that it added 266 MMboe of proved oil and gas reserves in 2023, replacing 132% percent of production, and 318 MMboe of proved plus probable reserves in 2023, replacing 158% of production.

WDS Releases Reserves Statement & Financial Updates

Australia's largest energy firm Woodside Energy said on Thursday that it expected to recognise non-cash post tax-asset impairments of around $1.5 billion in its fiscal 2023 earnings.

Energy giant Woodside flags $1.5 bln asset impairment for 2023

Woodside Energy expects to take impairment charges totaling around $1.5 billion against its Shenzi oil and natural gas field in the U.S. Gulf of Mexico and the Wheatstone natural-gas project in Australia.

Woodside Expects Around $1.5 Billion of Impairments in 2023 Result

Australia's Woodside Energy said on Tuesday that Mexico's energy ministry had approved the social impact assessment for its Trio project, clearing another hurdle for state company Pemex's first deepwater oil production.

Woodside Energy clears another hurdle for Mexico's Trion deepwater oil project

Santos Ltd

Woodside Energy Group Ltd (ASX:WDS, LSE:WDS, OTC:WOPEF) concluded its merger discussions with fellow Australian oil and gas firm Santos Ltd (ASX:STO) after failing to reach a deal, a company statement said on Wednesday. Meg O'Neil, boss at the largest independent Australian oil and gas company, said it has a disciplined approach to mergers, and acquisitions, with the key focus always on extracting shareholder value.

Woodside Energy ends merger talks with Santos

PERTH, AUSTRALIA / ACCESSWIRE / February 7, 2024 / Woodside has ceased discussions regarding a potential merger with Santos Ltd. As a global energy company, Woodside continuously assesses a range of organic and inorganic growth opportunities.

Woodside Energy Group Ltd Concludes Discussions with Santos

The companies spent two months discussing a merger that aimed to capitalize on the rising demand for natural gas resulting from the war in Ukraine.

Woodside, Santos End Talks on Merger to Create $57 Billion Energy Giant

Australia's Woodside Energy and Santos said on Wednesday they had ended talks to create a possible A$80 billion ($52 billion) global oil and gas giant.

Reactions to Australia's Woodside, Santos ending $52 bln merger talks

Australia's Woodside Energy said on Wednesday discussions with Santos to create a possible A$80 billion ($52.22 billion) global oil and gas giant had collapsed.

Australia's Woodside Energy says merger talks with Santos collapsed

Woodside should walk away from its proposed $57 billion merger with Santos rather than pay a premium for its smaller rival, a large shareholder said on Thursday, a sign of the deep divide between both sides over fair value.

Woodside should walk away from Santos deal, large shareholder says

Dec 21 (Reuters) - Woodside Energy (WDS.AX) said on Thursday it has signed a sales and purchase agreement with a unit of Pilbara Minerals (PLS.AX) for the supply of domestic liquefied natural gas (LNG) from its Pluto Truck Loading Facility in Western Australia.

Woodside Energy to supply LNG to Pilbara Minerals unit

Australian energy companies Woodside and Santos announced on Dec. 7 they are in preliminary talks to merge, a tie-up that would come amid a wave of consolidation in the global energy sector.

Explainer: What would a Woodside and Santos merger look like?

Santos and Woodside Energy have opened talks to discuss a potential merger in what could create a $52 billion oil and gas behemoth.

Australia energy giants Woodside and Santos in talks to create $52 billion gas powerhouse

Australia's two largest oil and gas companies, Woodside Energy Group Ltd (ASX:WDS, LSE:WDS, OTC:WOPEF) and Santos have confirmed they are in merger talks, with a potential deal worth around A$80 billion (£42bn, US$53bn).  Woodside and Santos said that they had opened talks over a potential merger that, if consummated, would largely consolidate Australia's LNG sector into one company.

Aussie mega-merger on cards as Woodside Energy and Santos confirm talks

PERTH, AUSTRALIA / ACCESSWIRE / December 7, 2023 / THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION RESPONSE TO MEDIA SPECULATION In response to recent media speculation, Woodside confirms it is in discussions regarding a potential merger with Santos Ltd. Discussions remain confidential and incomplete, and there is no certainty that the discussions will lead to a transaction.

Woodside Energy Group Ltd Announces Response to media speculation

Woodside Energy said on Wednesday it has signed a deal with energy company Mexico Pacific to purchase 1.3 million tonnes of liquefied natural gas (LNG) per annum for two decades to beef up production and optimise operations.

News for Woodside Energy Group Ltd Stock (WDS)