WDS 3.10% $25.91 woodside energy group ltd

Ann: Woodside to acquire Tellurian and Driftwood LNG, page-24

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  1. 1,606 Posts.
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    Bought more this morning on the back of this news. People complain on here about PREDICTED drop in revenue and dividends, and then complain when the company increases revenue sources which logically will lead to stable/growing dividends. M&A is happening everywhere, MUCH cheaper and faster than growing assets from scratch.
    WDS will evolve in response to trends (some would call them cults) in energy priorities. USA is swinging from woke headlines with economy-destroying, nothing-achieved emission targets to gas, and looking to increase reserves in prep for when moving oil and gas across the ocean becomes challenging (hard to move it when China start sinking boats). IMVHO WDS will continue to buy out companies.
    Last edited by Andrewf69: 22/07/24
 
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