Company Reports

As Australia's premier oil player, Woodside Petroleum's operations encompass liquid natural gas, natural gas, condensate and crude oil. However, LNG interests in the North West Shelf Joint Venture, or NWS/JV, and Pluto offshore Western Australia are the mainstay, and the low-cost advantage of these assets forms the foundation for Woodside. Future LNG development, particularly relating to the Pluto project, encompasses a material percentage of this company's hydrocarbon production volumes.

Australian hydrocarbon producer Woodside reported a 7% increase in its first-half 2026 underlying NPAT to USD 1.3 billion. The result was struck by a 13% decline in production due to cyclones, planned maintenance, and asset divestments, comfortably offset by higher pricing.

Australian hydrocarbon producer Woodside reported a 9% sequential decline in second-quarter 2026 production to 41 million barrels of oil equivalent, or mmboe, with planned Pluto Train 1 maintenance exacerbated by Cyclone Narelle. But revenue rose 28% to USD 4.2 billion on higher prices.

As Australia's premier oil player, Woodside Petroleum's operations encompass liquid natural gas, natural gas, condensate and crude oil. However, LNG interests in the North West Shelf Joint Venture, or NWS/JV, and Pluto offshore Western Australia are the mainstay, and the low-cost advantage of these assets form the foundation for Woodside. Future LNG development, particularly relating to the Pluto project, encompasses a material percentage of this company's hydrocarbon production volumes.

As Australia's premier oil player, Woodside Petroleum's operations encompass liquid natural gas, natural gas, condensate and crude oil. However, LNG interests in the North West Shelf Joint Venture, or NWS/JV, and Pluto offshore Western Australia are the mainstay, and the low-cost advantage of these assets form the foundation for Woodside. Future LNG development, particularly relating to the Pluto project, encompasses a material percentage of this company's hydrocarbon production 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.

The war in the Middle East, which started on Feb. 28, 2026, is a highly dynamic situation. While the US and Israel have achieved clear air superiority, Iran has effectively choked the Strait of Hormuz, threatening shipping deemed allied to the coalition forces.

As Australia's premier oil player, Woodside Petroleum's operations encompass liquid natural gas, natural gas, condensate and crude oil. However, LNG interests in the North West Shelf Joint Venture, or NWS/JV, and Pluto offshore Western Australia are the mainstay, and the low-cost advantage of these assets form the foundation for Woodside. Future LNG development, particularly relating to the Pluto project, encompasses a material percentage of this company's hydrocarbon production volumes.

Brent prices have risen after US and Israeli strikes on Iran, recently exceeding USD 100 per barrel on unconfirmed reports that Iran has begun laying mines in the Strait of Hormuz. The strait is one of the world's most important maritime routes, as about 20% of global crude volumes pass through it.

As Australia's premier oil player, Woodside Petroleum's operations encompass liquid natural gas, natural gas, condensate and crude oil. However, LNG interests in the North West Shelf Joint Venture, or NWS/JV, and Pluto offshore Western Australia are the mainstay, and the low-cost advantage of these assets form the foundation for Woodside. Future LNG development, particularly relating to the Pluto project, encompasses a material percentage of this company's hydrocarbon production volumes.

Australian hydrocarbon producer Woodside reported an 8% decline in underlying 2025 net profit after tax to USD 2.6 billion or USD 1.39 per share. Operating cash flow increased 85% to USD 3.7 billion. The company declared a USD 0.59 final dividend, up 11%, on a steady 80% payout. Shares were up 2%.

Australian hydrocarbon producer Woodside reported a 4% decline in fourth-quarter 2025 production to 48.9 million barrels of oil equivalent. Key development projects' progress: Scarborough/Pluto T2 LNG 94% complete, Trion oil at 50%, and Beaumont New Ammonia in production.

As Australia's premier oil player, Woodside Petroleum's operations encompass liquid natural gas, natural gas, condensate and crude oil. However, LNG interests in the North West Shelf Joint Venture, or NWS/JV, and Pluto offshore Western Australia are the mainstay, and the low-cost advantage of these assets form the foundation for Woodside. Future LNG development, particularly relating to the Pluto project, encompasses a material percentage of this company's hydrocarbon production volumes.

US forces have deposed Venezuelan President Nicolás Maduro. US President Donald Trump has expressed his desire to increase US private investment in Venezuela's oil infrastructure. Spot oil prices are little changed on the news.

Woodside's third-quarter production declined 4% on a year ago, but 2025 production guidance increased nearly 2% to 192 to 197 million barrels of oil equivalent. Capital expenditure guidance also declined, given the timing of sustaining capital expenditure. Shares rose about 4% on the day.

As Australia's premier oil player, Woodside Petroleum's operations encompass liquid natural gas, natural gas, condensate and crude oil. However, LNG interests in the North West Shelf Joint Venture, or NWS/JV, and Pluto offshore Western Australia are the mainstay, and the low-cost advantage of these assets form the foundation for Woodside. Future LNG development, particularly relating to the Pluto project, encompasses a material percentage of this company's hydrocarbon production volumes.

We've updated our midcycle oil price assumption. Our 10-year forecast marries our bullish in-house oil demand view with Rystad's supply projections, which aligns with our revised, long-term take.

As Australia's premier oil player, Woodside Petroleum's operations encompass liquid natural gas, natural gas, condensate and crude oil. However, LNG interests in the North West Shelf Joint Venture, or NWS/JV, and Pluto offshore Western Australia are the mainstay, and the low-cost advantage of these assets form the foundation for Woodside. Future LNG development, particularly relating to the Pluto project, encompasses a material percentage of this company's hydrocarbon production volumes.

Hydrocarbon producer Woodside reported a 24% decline in first-half underlying 2025 net profit after tax to USD 1.25 billion. Operating cash flow increased 46% to USD 3.2 billion. The company declared a USD 0.53 interim dividend, down 23%, on a steady 80% payout.

As Australia's premier oil player, Woodside Petroleum's operations encompass liquid natural gas, natural gas, condensate and crude oil. However, LNG interests in the North West Shelf Joint Venture, or NWS/JV, and Pluto offshore Western Australia are the mainstay, and the low-cost advantage of these assets form the foundation for Woodside. Future LNG development, particularly relating to the Pluto project, encompasses a large percentage of this company's intrinsic value.