WDS 0.35% $28.94 woodside energy group ltd

Woodside (WPL) Strategic Valuation, page-14

  1. 5,718 Posts.
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    I think that moving (slowly) towards Hydrogen etc is a very natural and logical transition for WPL.

    Hydrogen production ia similar to LNG production via industrial scale supercooling etc- WPL has decades of safe and world leading capabilities in these fields

    Also a return of say 9-10% for these hydrogen projects is well above WPL's cost of capital and realisically not that far off the returns expected from WPLs LNG projects - Scarborough was 12% prior to the Pluto sell down.

    WPL will be able to borrow 'green' money at cheap rates to pay for these green projects as well
 
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