Woodside Energy Group Ltd·Energy

Woodside Energy is well positioned amid Strait of Hormuz disruptions. The company has strong Asian exposure and new U.S. assets.

I rate Woodside Energy (WDS) a buy, driven by higher-for-longer LNG and oil prices amid ongoing Middle East disruptions. WDS's conservative strategy limits near-term upside, with 75% of LNG contracted through 2028 at ~$11/BTU, but spot exposure benefits from elevated prices. My out-of-consensus forecast sees 2026 EBITDA at $11bn and FCF over $4bn, supporting dividends, debt reduction, and potential reinvestment.

Oil, LNG, refining, shipping, and fertilizer companies could benefit from ongoing disruptions. U.S.-based producers and exporters are among those positioned to outperform due to supply chain shifts.

Australian oil and gas producer Woodside Energy said on Thursday it assumed operational control of the Beaumont New Ammonia facility in Texas following the completion of performance testing and handover from OCI Global.

The lack of crude oil and LNG flows through the Strait is severely affecting global energy markets. Refining crack spreads are soaring as gasoline prices rise.

Woodside Energy Group Ltd (NYSE: WDS - Get Free Report) was the target of unusually large options trading activity on Thursday. Traders bought 2,439 call options on the stock. This represents an increase of 522% compared to the typical volume of 392 call options. Institutional Investors Weigh In On Woodside Energy Group Hedge funds have recently
Woodside Energy Group Ltd engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons in Oceania, Asia, Canada, Africa, and internationally. The company produces liquefied natural gas, pipeline natural gas, condensate, liquefied petroleum gas, and crude oil. It holds interests in the Greater Browse, Greater Sunrise, Greater Pluto, Greater Exmouth, North West Shelf, Wheatstone, Julimar-Brunello, Canada, Senegal, Greater Scarborough, and Myanmar projects. The company was formerly known as Woodside Petroleum Ltd and changed its name to Woodside Energy Group Ltd in May 2022. Woodside Energy Group Ltd was founded in 1954 and is headquartered in Perth, Australia.
Energy
Oil & Gas Exploration & Production
4,718
1996-11-18
-0.25