Millennium Management LLC Sells 87,371 Shares of Woodside Energy Group Ltd (NYSE:WDS)

Millennium Management LLC lowered its stake in shares of Woodside Energy Group Ltd (NYSE:WDS - Free Report) by 18.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 394,267 shares of the company's stock after selling 87,371 shares during the quarter. Millennium Management LLC's holdings in Woodside Energy Group were worth $6,151,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Greenline Partners LLC bought a new stake in Woodside Energy Group in the 4th quarter valued at $30,000. D. E. Shaw & Co. Inc. bought a new stake in Woodside Energy Group in the 4th quarter valued at $1,426,000. Cetera Investment Advisers increased its holdings in Woodside Energy Group by 45.6% in the 4th quarter. Cetera Investment Advisers now owns 30,774 shares of the company's stock valued at $480,000 after buying an additional 9,634 shares during the period. Bridgefront Capital LLC bought a new stake in Woodside Energy Group in the 4th quarter valued at $215,000. Finally, Bayesian Capital Management LP increased its holdings in Woodside Energy Group by 12.0% in the 4th quarter. Bayesian Capital Management LP now owns 31,662 shares of the company's stock valued at $494,000 after buying an additional 3,400 shares during the period. Institutional investors own 3.17% of the company's stock.

Woodside Energy Group Price Performance

NYSE WDS traded down $0.21 on Friday, hitting $14.33. 669,275 shares of the company were exchanged, compared to its average volume of 954,219. The firm has a 50 day moving average of $13.33 and a two-hundred day moving average of $14.65. The company has a market cap of $27.21 billion, a P/E ratio of 17.48 and a beta of 0.61. The company has a current ratio of 1.24, a quick ratio of 1.09 and a debt-to-equity ratio of 0.13. Woodside Energy Group Ltd has a 1-year low of $11.26 and a 1-year high of $20.17.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Macquarie downgraded shares of Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 8th. Citigroup upgraded shares of Woodside Energy Group from a "sell" rating to a "neutral" rating in a research note on Tuesday, February 25th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold".

Woodside Energy Group Company 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.