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WDS

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1.54%

$27.50 woodside energy group ltd

yep, compare it to Exxon mobile.

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swaggytrader

1,463 Posts.

181

04/04/24

00:50

Post #: 73177705
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Originally posted by Moonshine66: ↑

That graph says it all. An extraordinary divergence. I can only put it down to local sentiment towards WDS being especially poor right now due to activism, hostile political environment etc

Eventually the maths on what these oil prices mean for WDS cashflows/profits and dividends has to bring the buyers in.

Rising oil prices have a dual effect for WDS. The obvious one is the impact on cashflows and the bottom line. The less obvious one is that rising oil prices feed into inflation and therefore decrease the likelihood of these highly expected interest rate decreases. A lot of stocks are carrying lofty valuations in expectation of these interest rate decreases….if this all starts to unravel WDS will benefit from a rotation into less interest rate sensitive sectors like oil and gas.

Oil prices feeding inflation was certainly in the conversation last night on Wall St.

Happy to stay patient on WDS right now - that graph can’t continue to diverge like that for much longer.

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yep, compare it to Exxon mobile.

WDS Price at posting: $30.51 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last $27.50		Change -0.430(1.54%)		Mkt cap ! $52.04B

Open	High	Low	Value	Volume
$27.67	$27.78	$27.37	$56.49M	2.048M

Buyers (Bids)

No.	Vol.	Price($)
12	4720	$27.50

Sellers (Offers)

Price($)	Vol.	No.
$27.51	3897	12

View Market Depth

No.	Vol.	Price($)
11	1708	27.490
13	7578	27.480
14	6981	27.470
11	8014	27.460
12	8585	27.450

Price($)	Vol.	No.
27.500	1376	12
27.510	9538	23
27.520	10045	16
27.530	4844	10
27.540	7908	13

Last trade - 14.31pm 04/06/2024 (20 minute delay)


Last $27.47			Change -0.430 ( 1.39 %)
Open	High		Low	Volume
$27.67	$27.78		$27.38	486532
Last updated 14.52pm 04/06/2024 ?

WDS (ASX) Chart