Long term views of WPL, page-6

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.