Woodside Energy Group Ltd (NYSE:WDS) will hold its Q4 2024 Earnings Conference Call on February 24, 2025, at 6:00 PM ET. The call will feature key corporate figures, including CEO Meg O'Neill and CFO Graham Tiver, along with various participants from different financial institutions. Thank you for joining us for the Full Year 2024 Results; all attendees are currently in listen-only mode.
PERTH, Australia--(BUSINESS WIRE)--Woodside Energy Group (ASX: WDS) (NYSE: WDS) (LSE: WDS) announced that it achieved a record production of 193.9 million barrels of oil equivalent (MMboe), averaging 530 Mboe per day, for the entire year of 2024. This success was driven by strong early production at Sangomar and high reliability at their LNG operations. The net profit after tax (NPAT) for 2024 rose by 115% compared to the previous year, reaching $3,573 million, although the underlying NPAT saw a 13% decline.
Woodside Energy Group's CEO, Meg O'Neill, announced that the company is successfully implementing its growth strategy while concentrating on its most valuable core assets. The company's top-quality assets performed exceptionally well this quarter, with Sangomar producing 75,000 barrels of oil equivalent daily at a reliability rate of 95%, leading to a record annual production of 194 million barrels of oil equivalent.
Woodside Energy, a leading oil and gas producer, announced on Thursday that it has obtained environmental approval from Western Australia to continue its North West Shelf liquefied natural gas (LNG) project until 2070.
Woodside Energy Group Ltd, a major Australian oil and gas company, is ending its secondary listing in London because of the low trading activity of its shares there. The company mentioned that depositary interests in London make up about 1% of its total share capital, and the trading volumes are quite low.
PERTH, Australia--(BUSINESS WIRE)--Woodside Energy Group (ASX: WDS) (NYSE: WDS) (LSE: WDS): Woodside's CEO Meg O'Neill expressed condolences for the tragic death of a worker from a construction contractor at their Clean Ammonia Project in Beaumont, Texas, which happened in early October. She emphasized that safety is their main concern and that they are investigating the situation while collaborating with local authorities, OCI, and the contractor. "Our production for the thi.
Woodside Energy's earnings for the first half of 2024 were mixed, with a 15% decrease in EBIT but just a 2% fall in overall production volumes. The company is making significant investments in LNG projects, such as the Scarborough project, and is also moving into clean energy markets like hydrogen and ammonia. Even with high spending and a tough economic situation, Woodside aims to lower production costs and improve its marketing strategies.
Meg O'Neill, the CEO of the energy company, talks about their purchase of a clean ammonia project from OCI Global in Texas.
PERTH, Australia--(BUSINESS WIRE)--Woodside Energy (NYSE:WDS) has announced its results for the first half of the year.
Woodside Energy, the leading independent gas producer in Australia, is expected to report a decrease in its interim earnings on Tuesday. Investors are paying close attention to the company's approach to making deals following the failure of a $52 billion merger with Santos.