|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||18.00 - 18.32|
|52 Week Range||13.80 - 20.85|
|Beta (5Y Monthly)||1.34|
|PE Ratio (TTM)||48.50|
|Forward Dividend & Yield||0.42 (2.53%)|
|Ex-Dividend Date||Aug 30, 2021|
|1y Target Est||N/A|
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The merger of BHP Group's (BHP) petroleum business with Woodside moves a step closer toward completion, following the clearance from Australia's competition regulator.
Australia's competition regulator approved Woodside Petroleum's agreed $28 billion merger with BHP Group's petroleum arm on Thursday, saying it would not reduce competition in the domestic gas market. The Australian Competition and Consumer Commission (ACCC) said it found Woodside would continue to face competition from several suppliers after the deal that will create a global top 10 independent oil and gas producer. Woodside will have a 20% share in the domestic gas market after the deal and will continue to compete with Chevron and Santos, as well as smaller suppliers including Shell and ExxonMobil, the ACCC said.