Woodside’s revenue in the June quarter rose 2 per cent to $3.03 billion, compared to the previous quarter and said it was on track to meet its guidance. However, quarterly production of 44 million barrels was 6 per cent lower than broker Citi had forecast.
“Most assets are performing below our forecasts. Wheatstone and Pyrenees were the largest misses, both on unplanned outages,” Citi analyst said in a note this morning.
...WDS now just under the price on the day Russia invaded Ukraine on 24 Feb 2022 (when it closed at $28.08). The war has not ended - it didn't mean oil stock can stay high.
5 year view
WDS Stock Price and Chart — ASX:WDS — TradingView
Woodside’s revenue in the June quarter rose 2 per cent to $3.03...
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