I think (and I am conservative like 95% of people here) it will actually lower profits, as you said, drill baby drill.
But cheap electricity is the basis of strong economies, so in theory economy's should grow and consume more energy at its lower rate.
Either way I see woodside as a cyclical, somewhat safe to buy when low and sell when high. Slightly surprised of the drop, but I am also prepared for it to catch $20 and double my holding.
I think (and I am conservative like 95% of people here) it will...
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Last
$26.59 |
Change
0.000(0.00%) |
Mkt cap ! $50.48B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | $26.63 | $26.24 | $3.923M | 155.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1013 | $28.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.41 | 277 | 2 |
View Market Depth
| Last trade - 09.58am 01/08/2025 (20 minute delay) ? |
| WDS (ASX) Chart |