WOODSIDE ENERGY GROUP LIMITED (WDS)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

WDS

WDS - WOODSIDE ENERGY GROUP LIMITED

FNArena Sector : NatGas
Year End: December
GICS Industry Group : Energy
Debt/EBITDA: 1.49
Index: ASX20 | ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

Woodside Energy is an Australian oil and gas producer with LNG, natural gas and oil operations and development projects in Australia and international markets.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$33.42

02 Nov
2026

0.090

OPEN

$33.70

0.27%

HIGH

$33.88

4,739,937

LOW

$33.01

TARGET
$31.792 -4.9% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AEL . APA . BLU . COI . CRD . CTP . D3E . EXR . GHY . KAR . ORG . STO . STX . TBN .
FNARENA'S MARKET CONSENSUS FORECASTS
WDS: 1
Title FY26
Forecast		 FY27
Forecast
EPS (cps) 290.3 xxx
DPS (cps) 229.6 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 11.1 xxx
Dividend Yield 7.1% xxx
Div Pay Ratio(%) 79.1% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 4.73%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.99

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 03/09 - ex-div 79.51c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx222.4
DPS All xxxxxxxxxxxxxxx165.3
Sales/Revenue xxxxxxxxxxxxxxx20,097.3 M
Book Value Per Share xxxxxxxxxxxxxxx2,840.8
Net Operating Cash Flow xxxxxxxxxxxxxxx10,061.8 M
Net Profit Margin xxxxxxxxxxxxxxx20.97 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx7.59 %
Return on Invested Capital xxxxxxxxxxxxxxx5.73 %
Return on Assets xxxxxxxxxxxxxxx4.24 %
Return on Equity xxxxxxxxxxxxxxx7.59 %
Return on Total Capital xxxxxxxxxxxxxxx6.63 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-5,294.6 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx1,411 M
Long Term Debt xxxxxxxxxxxxxxx19,166 M
Total Debt xxxxxxxxxxxxxxx20,577 M
Goodwill - Gross xxxxxxxxxxxxxxx6,642 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx8,566 M
Price To Book Value xxxxxxxxxxxxxxx0.83

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx12,366.4 M
Capex % of Sales xxxxxxxxxxxxxxx61.53 %
Cost of Goods Sold xxxxxxxxxxxxxxx14,131 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx748 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx486 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.0

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Citi

22/10/2026

3

Neutral

$32.90

-1.56%

Following a quick assessment, Citi finds Woodside Energy's September-quarter update is broadly in line, with stronger Pluto production offsetting softer Sangomar volumes.

Realised prices were firm despite wider discounts for Sangomar crude, while LNG trading margins recovered to US$38/boe versus a three-year average of around US$25/boe.

The broker welcomes the trading recovery but seeks more consistent earnings before supporting a higher valuation multiple.

Scarborough remains on track for its first LNG cargo by year-end, with elevated Asian LNG prices potentially benefiting commissioning cargoes.

Commentary suggests the Beaumont New Ammonia sale process could strengthen the balance sheet.

Citi raises 2026 core profit forecasts by around 2% but trims 2027 estimates on a steeper assumed decline at Sangomar. The target rises around 1% to $32.90. Neutral retained.

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

23/10/2026

2

Overweight

$34.00

1.74%

Jarden maintains an Overweight rating for Woodside Energy with its target price decreased to $34.00 from $34.40 following a September quarter update detailing a 12% sequential increase in production to 46.2mmboe.

Strong operational uptime across the Pluto and Bass Strait assets drove the production beat, yet sales revenue of US$4.3bn fell -10% below consensus estimates due to weaker realised equity LNG pricing of US$13.3/mmbtu.

The company narrowed 2026 production guidance to 174mmboe to 181mmboe after factoring in a 30-day safety shutdown at Beaumont and a narrowing window for the first Scarborough LNG cargo delivery.

The analyst trims near-term revenue estimates but anticipates a positive market reception at the upcoming November Capital Markets Day, where revised capital allocation and free cash flow payout frameworks will be presented.

FORECAST
Jarden forecasts a full year FY26 dividend of 206.63 cents and EPS of 254.70 cents.
Jarden forecasts a full year FY27 dividend of 268.33 cents and EPS of 334.19 cents.
Access Extra Coverage Research History >

WDS STOCK CHART

FNArena News on WDS

1
Next Week At A Glance – 2-6 Nov 2026

Oct 30 2026 - Weekly Reports
2
Rudi’s View: High Conviction ASX Opportunities

Oct 29 2026 - Rudi's View
3
Australian Broker Call *Extra* Edition – Oct 23, 2026

Oct 23 2026 - Daily Market Reports
4
Rudi’s View: Quality At Home, Value Abroad

Oct 22 2026 - Rudi's View
5
Rudi’s View: Stocks To Own & Best To Avoid

Oct 15 2026 - Rudi's View

Latest NatGas News

1
Woodside Aims To Maximise Shareholder Returns

Sep 09 2026 - Australia
2
Rudi’s View: Best Buys & Conviction Calls In July

Jul 02 2026 - Rudi's View
3
Buying The Santos Dip

Mar 24 2026 - Technicals
4
Woodside Shares Readying to Target $38

Feb 24 2026 - Technicals
5
A Major Low For Santos Shares (?)

Jan 27 2026 - Technicals
6
Compare The Pair: Woodside Versus Santos

Dec 08 2025 - Commodities
7
LGI: ASX’s Most Compelling Decarbonisation Play

Nov 26 2025 - Small Caps
8
Woodside Targets Significant Dividend Increase

Nov 12 2025 - Commodities
9
Santos Setback: Back To Fundamentals

Sep 24 2025 - Commodities
10
Woodside Shares Targeting $30

Aug 12 2025 - Technicals