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    WDS   AU0000224040

WOODSIDE ENERGY GROUP LTD

(WDS)
  Report
Delayed Australian Stock Exchange  -  12:10:46 2023-01-27 am EST
36.42 AUD   -2.39%
01/25Sector Update: Energy Stocks Lean Lower Premarket Wednesday
MT
01/25Woodside Energy : Delivering reliable production - Form 6-K
PU
01/25Woodside Energy Posts Higher Q4 Production
MT
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Woodside Expects Annual Operating Cash Flow of $7 Billion-$9 Billion Over Five Years

11/30/2022 | 04:54pm EST

By David Winning


SYDNEY--Woodside Energy Group Ltd. said it expects annual operating cash flow of between US$7 billion and US$9 billion over the next five years, underpinning returns to shareholders and flexibility to grow its portfolio of projects.

Woodside expects first oil from the Sangomar project in Senegal next year, and natural gas from its integrated Scarborough and Pluto Train 2 project in Australia in 2026. The company also has upcoming decisions to make on developing the Trion project in Mexico and the H2OK hydrogen project in the U.S.

On Thursday, Woodside said it aims to be in a position to make a final investment decision on Trion next year, while also targeting an investment decision on H2OK over the coming 12 months.

Woodside said it continues to target a 50-80% payout ratio of net profit excluding one-off items. It is also targeting 10-20% gearing through the cycle.

Earlier this week, Woodside said it expects to produce between 180 million and 190 million barrels of oil equivalent next year, illustrating the boost to output from its combination with BHP Group Ltd.'s oil and gas unit.

Woodside forecast capital expenditure next year at between US$6.0 billion and US$6.5 billion. Half of the outlay is expected to be on Scarborough.


Write to David Winning at david.winning@wsj.com


(END) Dow Jones Newswires

11-30-22 1654ET

Stocks mentioned in the article
ChangeLast1st jan.
BHP GROUP LIMITED 0.61% 49.54 Delayed Quote.7.91%
BRENT OIL 0.86% 88.21 Delayed Quote.0.27%
S&P GSCI NATURAL GAS INDEX -1.69% 130.6302 Real-time Quote.-34.86%
WOODSIDE ENERGY GROUP LTD -2.39% 36.42 Delayed Quote.5.28%
WTI 1.21% 82.086 Delayed Quote.0.09%
All news about WOODSIDE ENERGY GROUP LTD
01/25Sector Update: Energy Stocks Lean Lower Premarket Wednesday
MT
01/25Woodside Energy : Delivering reliable production - Form 6-K
PU
01/25Woodside Energy Posts Higher Q4 Production
MT
01/25Woodside Energy's Q4 Production More Than Doubles
MT
01/25Woodside Energy's Q4 2022 Production Hits Record Level; Revenue Up 78%
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01/25Australian shares snap five-day rally after hot inflation data
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01/24Australian shares flat as miners offset gains in banks
RE
01/24Woodside Energy Group Ltd Reports Provides Production Guidance for Full-Year 2023
CI
01/24Woodside Energy Group Ltd Reports Production Results for the Fourth Quarter 2022
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01/24Woodside Energy Group Ltd Reports Revenue Results for the Fourth Quarter 2022
CI
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Analyst Recommendations on WOODSIDE ENERGY GROUP LTD
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Financials (USD)
Sales 2022 16 795 M - -
Net income 2022 5 368 M - -
Net Debt 2022 1 827 M - -
P/E ratio 2022 7,69x
Yield 2022 10,1%
Capitalization 50 136 M 50 232 M -
EV / Sales 2022 3,09x
EV / Sales 2023 3,30x
Nbr of Employees 3 684
Free-Float 99,6%
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Technical analysis trends WOODSIDE ENERGY GROUP LTD
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 17
Last Close Price 26,40 $
Average target price 26,90 $
Spread / Average Target 1,88%
EPS Revisions
Managers and Directors
Meg OĺNeill Chief Executive Officer, MD & Director
Graham Tiver Chief Financial Officer & Executive Vice President
Richard J. B. Goyder Chairman
Daniel Kalms Executive Vice President-Technical Services
Christopher Michael Haynes Independent Non-Executive Director
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