why would market sentiment not be so positive on woodside wheb the sector was so amazing in 2021?
There are so many reasons, but just to name a few that are related to woodside are:
1 New CEO appointed
2 Uncertainty about the merger with BHP
3 Uncertainty about the Scarborough
4 Uncertainty about partners
All of the above are now ticked and a done deal. BHP merger will be completed mid this year, but it's also seems like a done deal. BTW if you hold BHP shares, you'll get free woodside shares
tech stocks have nothing to do with. The world can not survive without oil and gas at the moment and fossils( whether you like them or not) will be in huge demand for years to come.
POWER!!!! Fortescue Future Industries, page-680
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