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

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WDS - WOODSIDE ENERGY GROUP LIMITED

FNArena Sector : NatGas
Year End: December
GICS Industry Group : Energy
Debt/EBITDA: 0.65
Index: ASX20 | ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$26.87

25 Jul
2024

-0.370

OPEN

$27.22

-1.36%

HIGH

$27.53

5,435,076

LOW

$26.87

TARGET
$31.083 15.7% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
APA . BLU . COE . COI . CTP . GHY . GLL . KAR . ORG . STO . STX . TBN .
FNARENA'S MARKET CONSENSUS FORECASTS
WDS: 1
Title FY24
Forecast		 FY25
Forecast
EPS (cps) 194.3 xxx
DPS (cps) 152.9 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 13.9 xxx
Dividend Yield 5.7% xxx
Div Pay Ratio(%) 78.7% 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: 11.56%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 9.64

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: 07/03 - ex-div 91.51c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx131.9
DPS All xxxxxxxxxxxxxxx216.0
Sales/Revenue xxxxxxxxxxxxxxx21,069.2 M
Book Value Per Share xxxxxxxxxxxxxxx2,658.0
Net Operating Cash Flow xxxxxxxxxxxxxxx8,783.2 M
Net Profit Margin xxxxxxxxxxxxxxx11.87 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx4.81 %
Return on Invested Capital xxxxxxxxxxxxxxx4.09 %
Return on Assets xxxxxxxxxxxxxxx2.97 %
Return on Equity xxxxxxxxxxxxxxx4.81 %
Return on Total Capital xxxxxxxxxxxxxxx12.73 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-5,224.7 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 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx437 M
Long Term Debt xxxxxxxxxxxxxxx9,086 M
Total Debt xxxxxxxxxxxxxxx9,523 M
Goodwill - Gross xxxxxxxxxxxxxxx6,554 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx2,550 M
Price To Book Value xxxxxxxxxxxxxxx1.17

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx7,971.2 M
Capex % of Sales xxxxxxxxxxxxxxx37.83 %
Cost of Goods Sold xxxxxxxxxxxxxxx12,382 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx682 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx541 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

0.5

No. Of Recommendations

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

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

24/07/2024

1

Outperform

$32.00

19.09%

While Woodside Energy's 2Q production of 44.4mmboe was in line with Macquarie's forecast, LNG price realisations were a -14% miss (though offset by higher-than-expected sales volumes).

Overall, lower revenues were more than offset by lower operating costs and D&A, and the analyst retains an Outperform rating and $32 target price.

Commenting on the recent Tellurian takeover, Macquarie feels the Driftwood LNG project is an attractive opportunity for Woodside to pursue with the aim of growing the company's LNG marketing and trading business.

FORECAST
Macquarie forecasts a full year FY24 dividend of 175.44 cents and EPS of 221.21 cents.
Macquarie forecasts a full year FY25 dividend of 141.88 cents and EPS of 178.49 cents.

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

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

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Goldman Sachs

08/03/2024

3

Neutral

$31.30

16.49%

Woodside Energy posted 2023 earnings that were ahead of estimates, driven by lower production costs and D&A over the year. The final US$0.60 dividend was also well ahead of Goldman Sachs. Production and capital expenditure guidance for 2024 are unchanged.

The broker considers the ramp up of Sangomar one of the key uncertainties during the year while Scarborough continues to expect first cargo in 2026.

Estimates for 2024 EBITDA are revised up by 3%. Goldman Sachs considers the valuation relatively full and retains a Neutral rating. Target is reduced to $31.30 from $32.40.

FORECAST
Goldman Sachs forecasts a full year FY24 dividend of 118.99 cents and EPS of 147.98 cents.
Goldman Sachs forecasts a full year FY25 dividend of 105.26 cents and EPS of 131.20 cents.
Access Stockbroker Research History >

WDS STOCK CHART

FNArena News on WDS

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