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

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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

$32.98

17 Sep
2026

-0.290

OPEN

$33.60

-0.87%

HIGH

$33.60

6,463,289

LOW

$32.49

TARGET
$30.158 -8.6% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AEL . APA . BLU . COI . CRD . CTP . D3E . EXR . GHY . GLL . KAR . ORG . STO . STX . TBN .
FNARENA'S MARKET CONSENSUS FORECASTS
WDS: 1
Title FY26
Forecast		 FY27
Forecast
EPS (cps) 267.7 xxx
DPS (cps) 220.3 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 12.1 xxx
Dividend Yield 6.8% xxx
Div Pay Ratio(%) 82.3% 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: 4.24%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.84

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

-0.2

No. Of Recommendations

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

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

26/08/2026

3

Equal-weight

$30.00

(31/08/2026)

-9.04%

Woodside Energy's 1H26 EBITDA was 3% ahead of Morgan Stanley's forecast and 6% ahead of consensus, although underlying NPAT was -13% below consensus due partly to higher interest costs.

The US57cps interim dividend was 4% ahead of consensus, while 2026 production and capex guidance was unchanged.

The analyst highlights the new US$350m cost-out target from 2028, alongside a strategic review of Beaumont New Ammonia and the retirement of Woodside's Scope 3 investment and emissions abatement targets.

Major growth projects remain on track. A muted reaction was expected to the result and flags modest downward pressure on consensus EPS over the next 12 months.

Equal-weight rating and $28.00 target price. Industry view: In-line.

FORECAST
Morgan Stanley forecasts a full year FY26 EPS of 270.87 cents.
Morgan Stanley forecasts a full year FY27 EPS of 249.89 cents.

Ord Minnett

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxxxx xx xxxxxxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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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

27/08/2026

2

Overweight

$33.70

2.18%

Jarden maintains its Overweight rating for Woodside Energy with its target price increased to $33.70 from $32.30 following a positive first-half financial result with EBITDA printing 4% ahead of consensus.

Operational performance was highlighted by a strategic review resulting in the company walking away from its 5mtpa Scope 3 emissions reduction target, US$5bn new energy capital expenditure targets, and the three-pillar capital allocation framework.

The broker indicates that growth projects remain firmly on track with the Scarborough first liquefied natural gas targeted for the fourth quarter of 2026.

The analyst highlights that target price upside is driven by a new US$350m cost-out program and Bass Strait drilling activity, offset by lower Beaumont risk-weighting.
Access Extra Coverage Research History >

WDS STOCK CHART

FNArena News on WDS

1
Woodside Aims To Maximise Shareholder Returns

Sep 09 2026 - Australia
2
Australian Broker Call *Extra* Edition – Aug 27, 2026

Aug 27 2026 - Daily Market Reports
3
FNArena Corporate Results Monitor – 25-08-2026

Aug 25 2026 - Australia
4
Rudi’s View: That’s The Way Markets Crumble

Aug 06 2026 - Rudi's View
5
July In Review: Australia Beats AI & The USA

Aug 05 2026 - Australia

Latest NatGas News

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Jul 02 2026 - Rudi's View
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