WDS 0.00% $28.25 woodside energy group ltd

Positive movements are going to be tied to LNG spot price > oil...

  1. 494 Posts.
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    Positive movements are going to be tied to LNG spot price > oil spots (noting the two are correlated).

    Most outlooks for LNG are bullish, supported by a green push. Risk to SP is super funds pulling out of O&G in favour of lower returns from green renewable investments that are offset by better PR and customer acquisition (fees).

    support 20. 25 by end of year assuming no major upsets. If Moderna/Pfizer bring out a vaccine before year end maybe we will see 28

    DYOR
 
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