18,771 Shares in Woodside Energy Group Ltd (NYSE:WDS) Purchased by Entropy Technologies LP

Entropy Technologies LP acquired a new position in shares of Woodside Energy Group Ltd (NYSE:WDS - Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 18,771 shares of the company's stock, valued at approximately $272,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Mission Wealth Management LP increased its position in shares of Woodside Energy Group by 8.9% during the 1st quarter. Mission Wealth Management LP now owns 12,692 shares of the company's stock worth $184,000 after purchasing an additional 1,042 shares during the last quarter. Cullen Frost Bankers Inc. increased its position in shares of Woodside Energy Group by 10.1% during the 1st quarter. Cullen Frost Bankers Inc. now owns 12,164 shares of the company's stock worth $176,000 after purchasing an additional 1,119 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its position in shares of Woodside Energy Group by 10.2% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 12,434 shares of the company's stock worth $194,000 after purchasing an additional 1,155 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Woodside Energy Group by 4.0% during the 4th quarter. JPMorgan Chase & Co. now owns 36,997 shares of the company's stock worth $577,000 after purchasing an additional 1,417 shares during the last quarter. Finally, Greenline Partners LLC acquired a new stake in shares of Woodside Energy Group during the 4th quarter worth about $30,000. 3.17% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, CLSA upgraded Woodside Energy Group to a "strong-buy" rating in a report on Tuesday, June 24th. Four equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy".

Woodside Energy Group Stock Performance

Shares of Woodside Energy Group stock opened at $17.58 on Friday. The business has a 50-day moving average of $16.30 and a 200 day moving average of $14.86. Woodside Energy Group Ltd has a 12 month low of $11.26 and a 12 month high of $18.44. The stock has a market capitalization of $33.37 billion, a price-to-earnings ratio of 21.43 and a beta of 0.67. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.29 and a quick ratio of 1.17.

Woodside Energy Group Profile

Woodside Energy Group Ltd engages in the exploration, evaluation, development, production, and marketing of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe. The company produces liquefied natural gas, pipeline gas, crude oil and condensate, and natural gas liquids. It holds interests in the Pluto LNG, North West Shelf, Wheatstone and Julimar-Brunello, Bass Strait, Ngujima-Yin FPSO, Okha FPSO, Pyrenees FPSO, Macedon, Shenzi, Mad dog, Greater Angostura, as well as Scarborough, Sangomar, Trion, Calypso, Browse, Liard, Atlantis, Woodside Solar opportunity, and Sunrise and Troubadour.

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