WDS

Woodside Energy is reiterated as a Buy, with valuation remaining attractive despite macro volatility, high CAPEX, and temporary gearing overhang. WDS is advancing major organic growth projects—Scarborough LNG, Trion, and Louisiana LNG—while maintaining strong liquidity and a robust balance sheet. Portfolio rebalancing, scrapping $5B in new energy spend plans, and a $350M annual cost reduction target are expected to drive significant free cash flow upside while its organic growth pipeline advances.

MCY, EQNR and WDS made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 12, 2026.

LNG could benefit as QatarEnergy seeks multi-year U.S. LNG supplies to replace volumes disrupted by damage to its Ras Laffan facility.

Woodside Energy Group Ltd (WDS) Q2 2026 Earnings Call Transcript

PERTH, Australia--(BUSINESS WIRE)--Woodside Energy Group (ASX: WDS) (NYSE: WDS): Disciplined execution Operational excellence and project delivery Recorded operating revenue of $7,446 million, up 13% from H1 2025. Delivered production of 478 Mboe/d (86.5 MMboe) and unit production costs of $8.8/boe.1 Progressed major projects with Scarborough 98%, Trion 64%, and Louisiana LNG 28% complete. Maintained high asset reliability, with operated LNG facilities achieving 98.7% reliability, Sangomar 99.5.

Woodside Energy Group NYSE: WDS reported first-half 2026 production of 86.5 million barrels of oil equivalent and underlying net profit after tax of $1.3 billion, as the company advanced its Scarborough, Trion and Louisiana LNG projects while outlining a new cost-reduction program and a more selective approach to new-energy investments.

Woodside Energy reported a 7% ​rise in half-year ‌profit on Tuesday, driven by a surge ​in oil ​prices from the conflict ⁠in the Middle ​East and an ​increase in customer demand for products.

APA has jumped nearly 100% over the last year, while Woodside Energy Group ADR is up by 32% year to date.

BP on Thursday ​said it has agreed ‌to acquire Australia-based Woodside Energy's 70% interest in the ​Calypso gas project ​in Trinidad and Tobago, taking ⁠full ownership of the ​major early-stage deepwater discovery.

PERTH, Australia--(BUSINESS WIRE)--Woodside Energy's second quarter report for the period ended 30 June 2026.