WDS 2.23% $26.64 woodside energy group ltd

Ann: Third Quarter 2016 Report-WPL.AX, page-2

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  1. 5,227 Posts.
    lightbulb Created with Sketch. 146
    The qtly was, IMO, "steady as she goes". Production forecast was tightened to 92 to 95, and if you average out the YTD production, and annualise it, you get 93.
    Qtr 3, compared to qtr 2 saw production increase by 16.8%, but revenue increased by 19.7%, so revenue grew at a faster rate than production.
    Senagal and Scarborough purchases are still on track to finalise by the end of 2016 cal year (less than 2 months away).

    HT1
 
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