This is the information I have been wanting to find out. Woodside has committed some significant CAPEX over the last few years to offsetting declining production, and even to increase production when other oil/gas companies are looking to plateau production and return excess capital to shareholders. Woodside could be able to achieve both, when oil/gas prices are on the next upswing. Unfortunately the depreciation, deductions and amortisation for Sangomar is $52-56USD a barrel which the market didn't like. Be interesting to see how Scarborough contributes; from Woodside projections of "significant cash flows from 2027" it should provide some solid returns.
Assumes Woodside Louisiana LNG at nominal 50% equity and includes foundation development coming online nominally in late 2020s, not guidance."Growth” includes Sangomar, Beaumont New Ammonia, Scarborough, Trion and Louisiana LNG.
WDS Price at posting:
$23.38 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)