WDS 1.84% $27.37 woodside energy group ltd

News: WPL Australia's Woodside Petroleum posts over 20% fall in Q1 sales revenue

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    April 16 (Reuters) - Australia's Woodside Petroleum Ltd (WPL) on Thursday posted an over 20% fall in first-quarter sales revenue, hurt by lower realised prices for oil and natural gas.

    The country's top independent gas producer recorded sales revenue of $1.08 billion for the quarter ended March 31, down from $1.36 billion a year earlier. This compares to a UBS estimate of $1.01 billion.

    Woodside produced 24.2 million barrels of oil equivalent (boe) during the period, up from 21.7 million boe a year earlier. Production came in below a UBS estimate of 24.5 million boe.

 
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