WDS 1.38% $24.36 woodside energy group ltd

re: oil is up - wpl is up WPL stronger today - still plenty of...

  1. 9,081 Posts.
    re: oil is up - wpl is up WPL stronger today - still plenty of steam left in this oil flagship imo.

    Remember, every $1.00 increase in the price of oil transaltes into an additional profit of around $23 million to WPL's bottom line (assuming the currency exchange rate remains constant).

    If the Aussie $ falls, WPL's profits increase quite dramatically.

    It bears watching - could get very, very interesting.
 
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