What is also interesting is the change in mix of production.
Prior to the merger, Woodside was producing between 17 and 19% per year of oil - the rest was gas, so their exposure to the POO was limited due to the long term gas contracts.
With the merger, oil is now 25% of production. There is now more diversity in income streams, they do not have all their eggs in the LNG basket.
HT1
Ann: Second Quarter 2022 Report, page-12
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Last
$29.21 |
Change
-0.310(1.05%) |
Mkt cap ! $55.46B | |||
| Open | High | Low | Value | Volume |
| $29.14 | $29.32 | $29.05 | $121.9M | 4.181M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5709 | $29.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.21 | 14331 | 2 |
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| WDS (ASX) Chart |