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WDS

Woodside Energy Group Ltd

WDS

Woodside Energy Group Ltd • NYSE
$16.36 ▼ -0.55% (-0.09)
Market Cap $31.01 B
52w High $17.70
52w Low $11.26
Dividend Yield 1.06%
P/E 10.62
Volume 228.88K
Outstanding Shares 1.90B

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $6.579B ▼ $261.083M ▼ $1.316B ▼ 20.009% ▼ $0.69 ▼ $4.564B ▲
Q4-2024 $7.191B ▲ $456M ▲ $1.636B ▼ 22.751% ▼ $0.86 ▼ $4.348B ▲
Q2-2024 $5.988B ▼ $317M ▼ $1.937B ▲ 32.348% ▲ $1.02 ▲ $3.81B ▼
Q4-2023 $6.594B ▼ $361M ▼ $-80M ▼ -1.213% ▼ $-0.042 ▼ $4.161B ▼
Q2-2023 $7.4B $375M $1.74B 23.514% $0.92 $4.54B

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $4.88B ▲ $64.877B ▲ $26.37B ▲ $35.639B ▲
Q4-2024 $4.108B ▲ $61.264B ▲ $25.111B ▲ $35.399B ▲
Q2-2024 $2.133B ▲ $55.642B ▲ $19.813B ▼ $35.07B ▲
Q4-2023 $1.949B ▼ $55.361B ▼ $20.191B ▲ $34.399B ▼
Q2-2023 $3.842B $56.738B $20.054B $35.909B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $1.316B ▼ $3.027B ▼ $-2.782B ▲ $808.257M ▼ $957M ▲ $-1.822B ▼
Q4-2024 $1.636B ▼ $3.218B ▲ $-4.094B ▼ $2.597B ▲ $-1.979B ▼ $-72M ▼
Q2-2024 $1.937B ▲ $2.393B ▼ $-1.653B ▲ $-496M ▲ $119.5M ▲ $-25M ▼
Q4-2023 $-80M ▼ $3.214B ▲ $-2.948B ▼ $-1.999B ▲ $-864.5M ▼ $380M ▼
Q2-2023 $1.74B $2.931B $-2.637B $-3.001B $0 $474M

Five-Year Company Overview

Income Statement

Income Statement Woodside’s profits have swung from deep losses a few years ago to solid, consistent profitability. Earnings peaked in 2022 when energy prices were very strong and a major merger boosted scale. Since then, revenue and profit have eased back, but they remain healthy rather than weak. Margins are still robust, showing the core LNG and gas assets are profitable, though no longer enjoying the exceptional conditions of 2022. Overall, the income statement reflects a mature, cyclical energy producer: clearly profitable, but exposed to commodity price swings and project timing.

Balance Sheet

Balance Sheet The balance sheet has grown significantly, mainly due to the merger and ongoing project investments, giving Woodside a much larger asset base than it had a few years ago. Equity has also built up steadily, showing that retained profits are strengthening the company’s capital base. Debt has risen more recently, so leverage is higher than it was, but not extreme for a large-scale energy producer. Cash levels move around with project spending but remain reasonable. Overall, the balance sheet looks solid, though it is now more geared toward funding big growth projects than in the past.

Cash Flow

Cash Flow Cash generation from operations is strong and consistently above earlier years, reflecting profitable production and larger scale. Free cash flow is positive but relatively tight in the last two years because Woodside is spending heavily on major projects and future capacity. This pattern – strong operating cash in, high investment out – is typical of an energy company in a build-out phase. The key risk is execution: project delays, cost overruns, or weaker prices could put pressure on free cash flow, but for now the business is still comfortably funding its investments from internal cash and moderate borrowing.

Competitive Edge

Competitive Edge Woodside holds a strong position as a major LNG and gas producer in the Asia-Pacific region, with a long operating history, large-scale facilities, and established customer relationships. Its track record in complex offshore and LNG projects, plus its early move into large new projects like Scarborough and U.S. Gulf Coast LNG, help defend its position against both traditional rivals and new entrants. However, it operates in a commodity market where prices are volatile and competition from other low-cost LNG exporters is intense. Regulatory scrutiny and the global shift toward lower‑carbon energy also create strategic and reputational challenges over time.

Innovation and R&D

Innovation and R&D The company leans heavily on technology to enhance its edge, using remote operations, robotics, and advanced data analytics to run LNG assets more safely and efficiently. The fully remote-operated LNG plant, robotics for offshore inspection, and internal AI tools show a culture of applied, practical innovation rather than pure lab research. On the energy transition side, Woodside is investing in carbon capture, hydrogen, and low‑carbon ammonia, although it has already walked away from some projects that did not stack up economically. This indicates both ambition and discipline: the portfolio of new-energy initiatives is promising but still carries high uncertainty on timing, returns, and scale.

Summary

Woodside has transitioned from a weaker position in 2020 to a large, profitable energy player with a much bigger asset base and strong operating cash flows. Earnings have normalized from their 2022 high but remain solid, supported by competitive LNG and gas operations. The balance sheet is robust, though increasingly geared toward funding major projects, and cash flows show a clear trade-off between strong current generation and heavy investment for future growth. Technological capabilities and decades of LNG experience underpin a solid competitive position, while the push into carbon capture, hydrogen, and ammonia offers long-term opportunity but also meaningful execution and policy risk. Overall, Woodside looks like a financially sound, project-driven energy company navigating both commodity cycles and the energy transition at the same time.

NEWS

November 4, 2025 · 5:53 PM UTC

Woodside Energy Capital Markets Day 2025

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October 21, 2025 · 8:41 PM UTC

Woodside Energy Releases Third Quarter Report for Period Ended 30 September 2025

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