WDS woodside energy group ltd

Long term views of WPL, page-6

  1. 248 Posts.
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    US futures are looking very miserable, I'm calling mid $19.50 tomorrow, going to top up some more then.

    I agree with all the comments, this is a sleeping giant with all the bad news past it. Oil prices for H2 will be reflective in the results as the price for brent has been consistently between $40-$45 since July. This coupled with most economy's being open just means more profit through higher oil prices and demand for oil. Sure, we aren't at the $60 per barrel and we aren't at the same level of demands as pre-covid, however, being such an efficient business profits are in sight. They have clearly used H1 as an opportunity to flush out any impairments.

    Woodside is also in a prime position to capitalise on smaller oil companies with such large cash reserves and facilities. Unlike other oil stocks as well, this hasn't even capital raised! Dilution is minimal.

    I think the H2 result will surprise the market and should see this stock pick up, until then it will just ride the waves of uncertainty.

    Patience is a virtue, in 3 years time we will be laughing with at least 50-60% gains, plus dividends.
 
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Last
$24.06
Change
0.060(0.25%)
Mkt cap ! $45.68B
Open High Low Value Volume
$24.07 $24.12 $23.95 $56.69M 2.340M

Buyers (Bids)

No. Vol. Price($)
2 1300 $24.05
 

Sellers (Offers)

Price($) Vol. No.
$24.08 2953 3
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Last trade - 16.11pm 04/07/2025 (20 minute delay) ?
WDS (ASX) Chart
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