Woodside Energy Group Ltd

WDS: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	A$45.00	Pff	Bzgwmbb

Woodside Earnings: Creditable Cost Control Sees the 80% Payout Ratio Persist

Mark Taylor

Aug 27, 2024

No-moat hydrocarbon producer Woodside reported first-half 2024 underlying NPAT down 13% to USD 1.63 billion, marginally ahead of our USD 1.55 billion expectations. Underlying earnings exclude a USD 305 million gain on the Sangomar oil project deferred tax asset recognition.

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