I don't believe this will be the case. The merger actually strengthened the balance sheet and reduced leverage. I think Meg will be doing everything possible to return capital shareholders, especially since the NYSE listing. Showing that Woodside is a world player and has an attractive yield.
What the numbers look like I have no idea.
The increase in Japan LNG price has been incredible, I'm hearing reports that Europe has actually imported LNG from Australia in a first ever.
Europe will be firmly looking at the plans to stock up for winter now. I don't see the supply side being able to respond. I do however question the ability for businesses to keep the doors open with energy shocks of such magnitude.
Energy shocks have predicted previous recessions for a reason. Eventually economic slowdown will reduce the demand for energy from an industrial perspective.
A very interesting year ahead.
WDS too cheap?, page-356
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Last
$26.72 |
Change
0.660(2.53%) |
Mkt cap ! $50.50B | |||
| Open | High | Low | Value | Volume |
| $26.31 | $26.84 | $26.26 | $113.4M | 4.269M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 502 | $26.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.73 | 1249 | 11 |
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| Last trade - 13.26pm 04/10/2024 (20 minute delay) ? |
| WDS (ASX) Chart |