Woodside Energy Group Ltd
WDS: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.^ | LOCK|Q< | LOCK|S$%h## |
Woodside: Improving Pricing Offsets Severe Weather Impact on Sales Volumes
Australian hydrocarbon producer Woodside posted an 8% sequential decline in first-quarter production to 45 million barrels of oil equivalent, or mmboe, with Western Australian output affected by Cyclone Narelle. Revenue rose 7% to USD 3.3 billion on an 11% increase in the average commodity price.
