WDS 0.94% $27.28 woodside energy group ltd

Ann: Woodside and BHP to create a global energy company, page-11

  1. R21
    1,404 Posts.
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    Finally some certainty!

    Leadership - sorted, congrats Meg
    Balance Sheet - gearing down to 12%, extremely low compared to others and with room to move up if needed.
    Scarborough FID - Will happen by 15 Dec, regardless of whether this proceeds or not
    Scarborough Funding - sorted with FCF
    Synergies - USD400m p/a, that's pretty significant. Quick back of the envelop it's about 20cps p/a of combined group
    Price - 52/48, again back of the envelope, looks like price was ~AUD19.6 or ~USD14.7. Win/loss depending on which analysts report you, of course they rarely state currency so who knows. Glad it's not over 50.

    Under 50 with some certainty. Green tomorrow IMO.
 
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