WDS

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.

HOUSTON--(BUSINESS WIRE)--Woodside Energy has announced a $5 million investment in a comprehensive, multi-year initiative to restore biodiversity and strengthen the environmental resilience of Sam Houston Jones State Park in Calcasieu Parish, Louisiana. The project will be delivered in partnership with the Louisiana Office of State Parks under the leadership of Lieutenant Governor Bill Nungesser along with RES and McNeese State University (MSU). This unique partnership brings together expertise.

Woodside Energy agreed ​to supply domestic gas to ‌Alcoa Corp's Australian unit from 2027 to 2030, the Australian energy major ​said on Tuesday.

Woodside Energy remains a Buy, soon entering a harvesting phase with major projects nearing completion and robust long-term growth potential. WDS's Q1 beat revenue estimates alongside lower volumes; Scarborough is 96% complete, Trion is 56% complete, and Louisiana LNG is on track. Valuation implies intrinsic value well above the current market price, highlighting continued undervaluation despite recent Exxon M&A speculation.