Woodside Energy Group Ltd
WDS: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$92.00 | Jjs | Hbdlmhc |
Woodside: Heartening Progress on Development Projects
Our AUD 45 fair value estimate for no-moat Woodside stands. The global top 10 independent hydrocarbon producers reported lower-than-expected third-quarter production and price achievement though we read no long-term implication from the fact. Rather we are heartened by reported progress on development projects.