I don't believe this will be the case. The merger actually strengthened the balance sheet and reduced leverage. I think Meg will be doing everything possible to return capital shareholders, especially since the NYSE listing. Showing that Woodside is a world player and has an attractive yield.
What the numbers look like I have no idea.
The increase in Japan LNG price has been incredible, I'm hearing reports that Europe has actually imported LNG from Australia in a first ever.
Europe will be firmly looking at the plans to stock up for winter now. I don't see the supply side being able to respond. I do however question the ability for businesses to keep the doors open with energy shocks of such magnitude.
Energy shocks have predicted previous recessions for a reason. Eventually economic slowdown will reduce the demand for energy from an industrial perspective.
A very interesting year ahead.
WDS too cheap?, page-356
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Last
$24.00 |
Change
0.350(1.48%) |
Mkt cap ! $45.56B | |||
| Open | High | Low | Value | Volume |
| $23.74 | $24.03 | $23.71 | $125.4M | 5.243M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 477 | $23.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.02 | 1177 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| WDS (ASX) Chart |