WDS 1.05% $27.24 woodside energy group ltd

“Welcome to ‘most bullish moment in LNG’s history” article in...

  1. 4,529 Posts.
    lightbulb Created with Sketch. 685
    “Welcome to ‘most bullish moment in LNG’s history” article in AFR weekend edition.

    Another positive article in the AFR about the right time for being in the LNG space. I can understand some getting nervous about WPL price because it has rallied hard recently but this company is so undervalued. And in the right area at the right time. The next 5 years should be a boon for WPL and STO. This should easily get to $40 from here and would not be surprised to see it go higher. I think the sweet spot for oil price is $80 -$90.

    So even if the debacle in the Ukraine gets sorted I still think elevated prices due to demand and shortage in supply due to lack of investment (or divestment from this sector due to ESG) will keep prices up longer than most think.

    Therefore the above is my view on why WPL is a buy here. And I didn’t even mention the attractive dividend and possibly special dividends that will be collected along the way.


 
watchlist Created with Sketch. Add WDS (ASX) to my watchlist
(20min delay)
Last
$27.24
Change
-0.290(1.05%)
Mkt cap ! $51.72B
Open High Low Value Volume
$27.05 $27.47 $26.93 $181.5M 6.672M

Buyers (Bids)

No. Vol. Price($)
2 43921 $27.23
 

Sellers (Offers)

Price($) Vol. No.
$27.28 37541 3
View Market Depth
Last trade - 16.10pm 24/07/2024 (20 minute delay) ?
WDS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.