WPL.AX - Woodside Petroleum Ltd

ASX - ASX Delayed Price. Currency in AUD
35.83
0.00 (0.00%)
At close: 4:10PM AEST
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Previous Close35.83
Open35.80
Bid35.80 x 0
Ask35.89 x 0
Day's Range35.75 - 36.25
52 Week Range29.33 - 39.38
Volume1,550,695
Avg. Volume2,211,491
Market Cap33.347B
Beta (3Y Monthly)1.08
PE Ratio (TTM)24.19
EPS (TTM)1.48
Earnings DateAug 15, 2019
Forward Dividend & Yield2.54 (7.09%)
Ex-Dividend Date2019-02-22
1y Target Est27.09
  • Can You Imagine How Woodside Petroleum's (ASX:WPL) Shareholders Feel About The 36% Share Price Increase?
    Simply Wall St.14 days ago

    Can You Imagine How Woodside Petroleum's (ASX:WPL) Shareholders Feel About The 36% Share Price Increase?

    By buying an index fund, investors can approximate the average market return. But if you buy good businesses at...

  • Is Woodside Petroleum Ltd's (ASX:WPL) CEO Paid Enough Relative To Peers?
    Simply Wall St.14 days ago

    Is Woodside Petroleum Ltd's (ASX:WPL) CEO Paid Enough Relative To Peers?

    Peter Coleman became the CEO of Woodside Petroleum Ltd (ASX:WPL) in 2011. First, this article will compare CEO...

  • Thomson Reuters StreetEvents18 days ago

    Edited Transcript of WPL.AX earnings conference call or presentation 13-Feb-19 11:30pm GMT

    Full Year 2018 Woodside Petroleum Ltd Earnings Call

  • Bloomberg19 days ago

    OPEC Member Fans Out to Australia and Canada in Global Gas Push

    (Bloomberg) -- Kuwait plans to boost production from Canadian shale deposits by two thirds and increase output of natural gas in Australia as the OPEC member ramps up efforts to find and develop overseas deposits of the fuel.The international upstream arm of state-owned Kuwait Petroleum Corp. sees output of almost 20,000 barrels of oil equivalent a day at its Canadian shale gas project by year-end, up from 12,000 currently, Sheikh Nawaf Saud Al-Sabah, acting chief executive officer, said in an interview in Kuwait City.“It will rise to about 60,000 or so once we fully develop it, which will be in the mid-2020s,” he said. “We’re just beginning to understand its potential.”In Australia, the company known as Kufpec won exploration rights to three new blocks in February and April. It’s producing almost 40,000 barrels of oil equivalent a day in that country and aims to raise output and produce more liquefied natural gas for export, Al-Sabah said, without specifying targets.Kuwait has long planned to increase its global capacity to produce gas as well as oil. The Persian Gulf nation currently can pump as much as 3 million barrels a day of crude from its wholly owned fields, and KPC targets a daily capacity of 4 million by next year. As a member of the Organization of Petroleum Exporting Countries, however, Kuwait has pledged to cap its oil output as the group seeks to balance the market and prop up crude.Like many energy producers, Kuwait sees gas as crucial to future growth. Gas use is seen rising faster than demand for oil and coal as policies shift toward lower carbon emissions. The amount of new gas-production capacity investments this year could set a record, according to consultant Wood Mackenzie Ltd.In Alberta, Canada, Kufpec plans with its joint-venture partner Chevron Corp. to start developing the Waskahigan and East Kaybob areas, drilling the first of more than 370 wells over 10 years. The areas are part of the Kaybob Duvernay project producing shale gas and natural gas liquids.“We continue to look for gas prospects in Australia,” Al-Sabah said. Kufpec partnered with Woodside Petroleum Ltd. at one of its blocks there, and Al-Sabah’s company is exporting gas via Woodside’s Wheatstone LNG facility. Kufpec sells half its production from there under long-term agreements.Buyers’ Market“The other half is sold with a break clause that allows us to take those molecules to Kuwait if and when we need it,” he said. “Right now the LNG market is essentially a buyers’ market, so it doesn’t make sense for us to break a long-term contract” just to sell to KPC when it can get competitive pricing elsewhere, he said.LNG producers have feared that a massive build-out of new export projects, which began a decade ago, will outpace consumption growth and leave cargoes looking for homes. Spot prices have already tumbled since last fall and are at a steep discount to LNG sold on long-term, oil-linked contracts.Kufpec, known formally as Kuwait Foreign Petroleum Exploration Co., may supply KPC when the global market tightens, possibly by the mid-2020s, Al-Sabah said.More from the interview:The company has total assets of 3.4 billion dinars ($11.2 billion) and is well-funded right now for its current plans“We need one or two more strategic acquisitions over the next couple of years to close our strategic gap” Kufpec currently pumps 120,000 barrels a day of oil equivalent and plans to reach 150,000 by 2020It wants to help tap Kuwait’s “tremendous” shale gas reserves at some point\--With assistance from Anthony DiPaola and Mohammed Aly Sergie.To contact the reporter on this story: Fiona MacDonald in Kuwait at fmacdonald4@bloomberg.netTo contact the editors responsible for this story: Nayla Razzouk at nrazzouk2@bloomberg.net, Bruce Stanley, Helen RobertsonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Is Woodside Petroleum Ltd (ASX:WPL) A Strong Dividend Stock?
    Simply Wall St.last month

    Is Woodside Petroleum Ltd (ASX:WPL) A Strong Dividend Stock?

    Could Woodside Petroleum Ltd (ASX:WPL) be an attractive dividend share to own for the long haul? Investors are often...

  • Does Woodside Petroleum Ltd’s (ASX:WPL) ROCE Reflect Well On The Business?
    Simply Wall St.2 months ago

    Does Woodside Petroleum Ltd’s (ASX:WPL) ROCE Reflect Well On The Business?

    Today we'll evaluate Woodside Petroleum Ltd (ASX:WPL) to determine whether it could have potential as an investment...

  • Here's Why I Think Woodside Petroleum (ASX:WPL) Is An Interesting Stock
    Simply Wall St.2 months ago

    Here's Why I Think Woodside Petroleum (ASX:WPL) Is An Interesting Stock

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...

  • Moody's2 months ago

    Woodside Finance Limited -- Moody's announces completion of a periodic review of ratings of Woodside Petroleum Ltd

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Woodside Petroleum Ltd and other ratings that are associated with the same analytical unit. "IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Should You Be Tempted To Sell Woodside Petroleum Ltd (ASX:WPL) Because Of Its P/E Ratio?
    Simply Wall St.2 months ago

    Should You Be Tempted To Sell Woodside Petroleum Ltd (ASX:WPL) Because Of Its P/E Ratio?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Today, we'll introduce the concept of the P/E ratio for those who are learning about investing...

  • Reuters3 months ago

    Glut forces LNG producers to offer flexible deals from global portfolios

    The world's biggest liquefied natural gas (LNG) producers including Shell, Total and Petronas are increasingly selling from global supply pools instead of dedicated projects as buyers leverage a fuel surplus to force ever more flexible deals. This marks an accelerated turning from traditional long-term contracts that lock customers into taking regular volumes from specific projects under oil-linked pricing formulas. "A more dynamic and liquid LNG market, and the need for greater flexibility by traditional LNG buyers, is providing opportunities for shipping optimisation and trading, and enabling new entrants such as LNG traders," said Saul Kavonic, head of energy research for Australia at Credit Suisse.

  • What Kind Of Shareholders Own Woodside Petroleum Ltd (ASX:WPL)?
    Simply Wall St.3 months ago

    What Kind Of Shareholders Own Woodside Petroleum Ltd (ASX:WPL)?

    If you want to know who really controls Woodside Petroleum Ltd (ASX:WPL), then you'll have to look at the makeup of its share registry. Institutions often own shares in more established companies, while it's not unusual to see insi...

  • Reuters3 months ago

    China's ENN expands global trade with new gas purchase deals

    SHANGHAI/SINGAPORE, April 5 (Reuters) - China's independent gas distributor and terminal operator ENN Group is beefing up its global business via new supply deals for liquefied natural gas (LNG) to meet strong Chinese demand and to grow its young trading team, a company executive said. ENN said on Friday it signed a heads of agreement (HOA) for 10 years of supply from Australia's Woodside Petroleum, the fourth supply pact the private company has announced so far. ENN started up its first LNG import facility in China in October.

  • Reuters3 months ago

    Chevron, Woodside apply to nearly double size of Canadian LNG project

    Chevron Canada Ltd and Woodside Energy Ltd have applied for a new license for their Kitimat LNG plant in northern British Columbia that could see it nearly double in size to produce 18 million tonnes per annum (mtpa), Chevron said on Wednesday. The companies submitted the application to Canada's National Energy Board on Monday, with a revised plant design that may include up to three LNG trains, instead of two. "Chevron and Woodside have re-evaluated the originally proposed 2-train, 10 MPTA LNG plant development concept, with a focus on improving Kitimat LNG cost of supply competitiveness relative to other global LNG projects," Chevron said in a statement.

  • Reuters3 months ago

    LNG will be big part of China-U.S. trade once tensions resolved -CNOOC

    Liquefied natural gas (LNG) will become a big part of China-U.S. trade once tensions are properly resolved between the two countries, a senior executive from China National Offshore Oil Corp (CNOOC) said on Wednesday. LNG will also continue to dominate China's natural gas imports, already accounting for 60 percent of its gas imports last year, said CNOOC Vice President Li Hui on the sidelines of the LNG2019 conference in Shanghai.

  • What You Must Know About Woodside Petroleum Ltd's (ASX:WPL) Financial Health
    Simply Wall St.4 months ago

    What You Must Know About Woodside Petroleum Ltd's (ASX:WPL) Financial Health

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! With a market capitalization of AU$32b, Woodside Petroleum Ltd (ASX:WPL) is a large-cap stock, which is considered by most...

  • Reuters4 months ago

    Shell starts exploratory drilling for oil and gas off Bulgarian coast

    Royal Dutch Shell said on Tuesday it will start drilling an exploration well in a block off Bulgaria's Black Sea coast next month for oil and gas. Shell has teamed up with Spain's Repsol and Australia's Woodside Energy after sealing a contract with Bulgaria in 2016 for deepwater exploratory drilling as part of Sofia efforts to end its almost complete reliance on Russia's natural gas supplies. It is Shell's only upstream project in Bulgaria.

  • Reuters4 months ago

    GLOBAL LNG-Asian, European LNG prices crash below $5 on oversupply

    Asian spot prices for liquefied natural gas (LNG) broke below the $5 per million British thermal unit (mmBtu) mark this week following a 13-week price slide that reflects the absence of growth in demand or any major outages. Spot prices for May delivery to Northeast Asia (LNG-AS) dropped 80 cents to $4.65 per million British thermal units (mmBtu) this week according to traders although there were few actual transactions with Asia's biggest buyers, Japan, Korea or China. Asian LNG spot prices are now at their lowest level since May 2016 and close to the lowest point in Refinitiv records going back to 2010 of $4.00 per mmBtu, which was reached in April 2016.

  • Oilprice.com4 months ago

    LNG Sector Dangerously Dependent On Chinese Demand

    Industry executives warned that the LNG sector is getting too reliant on Chinese demand for the fuel, arguing that broadening the market is crucial at this moment in time

  • Reuters4 months ago

    CERAWEEK-LNG producers must avoid over-reliance on Chinese demand growth -executives

    Liquefied natural gas producers must avoid becoming over-reliant on the strong Chinese demand growth seen in the past two years and should intensify efforts to broaden their markets and create new uses ...

  • Reuters4 months ago

    CERAWEEK-Australia's GLX to launch LNG price indices with price agency OPIS

    HOUSTON, March 13 (Reuters) - GLX, an online trading platform for liquefied natural gas (LNG), said on Wednesday it will start up LNG price indices with energy pricing agency OPIS, a subsidiary of IHS ...

  • Investing.com4 months ago

    Asian Equities Mixed; Powell Says U.S. Fed Not in “Any Hurry” to Change Rates

    Investing.com - Asian equities were mixed in morning trade on Monday after U.S. Federal Reserve Chairman Jerome Powell said the central bank is not in “any hurry” to change interest rates levels again.

  • Norway fund to sell exploration, production firms, keep integrated energy stocks
    Reuters4 months ago

    Norway fund to sell exploration, production firms, keep integrated energy stocks

    Norway's trillion-dollar sovereign wealth fund, the world's biggest, will sell its stakes in oil and gas explorers and producers but still invest in energy firms that have refineries and other downstream activities, according to a government plan. The proposal announced on Friday said the fund's stakes in integrated companies, such as Royal Dutch Shell, ExxonMobil and other majors involved in everything from exploration to selling fuel at the roadside, would not be sold. The state, which has built its wealth on the back of North Sea oil and gas reserves, also has no plan to sell its direct stake in Norwegian energy firm Equinor or its direct holdings in Norwegian oil and gas fields.

  • Reuters4 months ago

    West Australian environment authority pushes for carbon emissions offset

    Western Australia's environment authority wants big projects to offset their carbon emissions to help curb global warming, a proposal resource companies said could deter investment in the natural gas-rich state. The state Environmental Protection Authority (EPA) said on Thursday new projects, which could include fertiliser and power plants as well as liquefied natural gas (LNG) export sites, that generate more than 100,000 tonnes per year of carbon dioxide would be required to buy credits to offset their emissions in order to pass the authority's assessment process.

  • What Are Analysts Saying About Woodside Petroleum Ltd’s (ASX:WPL) Future?
    Simply Wall St.5 months ago

    What Are Analysts Saying About Woodside Petroleum Ltd’s (ASX:WPL) Future?

    Woodside Petroleum Ltd's (ASX:WPL) most recent earnings announcement in December 2018 signalled that the business gained from a strong tailwind, eventuating to a double-digit earnings growth of 28%. Below, I'veRead More...

  • Reuters5 months ago

    Australian producers plan LNG plant maintenance from April-Sept

    Woodside Petroleum and Chevron Corp have planned major maintenance works at their liquefied natural gas (LNG) facilities in Western Australia over April to September. Woodside has planned major maintenance at its 4.9 million-tonnes-per-annum Pluto LNG facility for about one month from April to May, a company spokeswoman said on Wednesday. It has also planned major maintenance at its North West Shelf project's Goodwyn A platform train 2 for 21 days and LNG train 1 for 19 days, both in July, she said.