Woodside Energy Reports Strong Half-Year Profits

Woodside Energy Group (AU:WDS) has released an update.

Woodside Energy Group reported a robust half-year with a net profit after tax of $1,937 million and declared a fully franked interim dividend of 69 US cents per share, indicating strong shareholder returns. Operational achievements include the first production from Sangomar, and substantial progress on the Scarborough Energy Project, with long-term LNG supply agreements highlighting the company’s strategic advancements. Acquisitions such as Tellurian and OCI’s Clean Ammonia Project underline Woodside’s commitment to growth and energy transition.

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