looks to be above consensus
1058 [Dow Jones] Macquarie Research previews Woodside (WPL.AU) FY05 result due
out later today, tips 47% rise in adjusted profit to A$956 million, notes
consensus sits at A$966 million. Sees net profit at A$1.006 billion, final
dividend of 45 cents a share. Expects positive news that Chinguetti has, or is
about to, produce first oil. Keeps Neutral rating on stock, targets A$35.65,
says future catalysts include approval of identified oil and gas developments.
WPL up 20 cents at A$41.50. (LMF)
1015 [Dow Jones] STOCK CALL: Credit Suisse forecasts Woodside (WPL.AU) NPAT of
A$1.09 billion, A$949.1 million adjusted, in 1H result tomorrow. Look for
delivery issues for this year with scheduled maintenance programs and any impact
from Cyclone Clare. Also looking for more info on Pluto LNG, Sunrise LNG and
more about Mauritania situation. Keeps Neutral rating, targets A$42 vs latest
shares A$40.85, up 1.5%.(MCE)
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- 12:48 pm wpl reports net profit of a$1107.4 mill
12:48 pm wpl reports net profit of a$1107.4 mill, page-3
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$28.94 |
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