Woodside, page-277

I bought in very heavily today.
Love the Company, extremely well run, ridiculous PE with forward earnings and a Yield i will not get possibly anywhere else in the market.
Im bullish on Oil & Gas.
The additional pumping in the US will get soaked up come their summer driving season and inventories are still low.
World Capex is at a point of critical.
Countries are running their inventories i believe dangerously low.
Shine coming off the reality of electrification although it will eventually happen, but in my life time...i really do question it.
Im 60, all males in my family live beyond 100 in Tuscanny so will i see a complete demise in Carbon and fossil fuels or call it what you want *?* Possibly but i doubt it.
WDS has the capital, knowledge and capacity to diversify more so than most i think.
Now matter how you stack this SP at the moment, with the Cartel who pull rabbits out of the hat and the Saudis will jump on any member who does not toe the line of "use your discretion on cuts"...we have seen the strong arm on so many occasions flex and the other members buckle...
saudis have to have a PB mechanism of $85+ Have a look at their fiscal policies and debt to GDP...they will do what ever it takes to accomodate their fiscal positioning.
As you all probably know, im a trader...not investor...apart from property...no matter how you stack this SP up today or if it goes lower in which i will average down on my holdings until such time like S32 this is cheap by any metric.
All the best too long term holder & traders alike.