WDS 1.26% $27.28 woodside energy group ltd

Assuming a correlation with gas, looking at charts, it seems...

  1. 3,111 Posts.
    lightbulb Created with Sketch. 87
    Assuming a correlation with gas, looking at charts, it seems that WDS went down further and did not recover with gas prices post covid. If WDS does correlate to gas price and it is just lagging, then WDS could go much higher from here. Gas has gone through the roof lately and is still high, even with the hiccup of full storage in EU given mild autumn. WDS is higher but still way below its all time high pre GFC at about AUD $70.
    WDS ~ 10 year
    https://hotcopper.com.au/data/attachments/4817/4817869-348f4b8fadda3a4d7d78a3e827b11273.jpg
    Gas ~ 10 years
    https://hotcopper.com.au/data/attachments/4817/4817854-7b7f8c53454642e1fde925b445b657ec.jpg

 
watchlist Created with Sketch. Add WDS (ASX) to my watchlist
(20min delay)
Last
$27.28
Change
0.340(1.26%)
Mkt cap ! $51.79B
Open High Low Value Volume
$27.32 $27.37 $27.17 $121.2M 4.450M

Buyers (Bids)

No. Vol. Price($)
2 1150 $27.22
 

Sellers (Offers)

Price($) Vol. No.
$27.28 28506 6
View Market Depth
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
WDS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.