Woodside Energy Group Ltd (NYSE:WDS) Given Consensus Rating of "Hold" by Brokerages

Shares of Woodside Energy Group Ltd (NYSE:WDS - Get Free Report) have been assigned an average rating of "Hold" from the six research firms that are covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company.

WDS has been the topic of a number of analyst reports. Macquarie cut Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 8th. Citigroup raised Woodside Energy Group from a "sell" rating to a "neutral" rating in a research report on Tuesday, February 25th.

Hedge Funds Weigh In On Woodside Energy Group

Hedge funds have recently added to or reduced their stakes in the stock. Huntington National Bank grew its stake in Woodside Energy Group by 482.5% in the fourth quarter. Huntington National Bank now owns 1,730 shares of the company's stock worth $27,000 after purchasing an additional 1,433 shares in the last quarter. Greenline Partners LLC bought a new position in Woodside Energy Group in the fourth quarter worth approximately $30,000. R Squared Ltd bought a new position in shares of Woodside Energy Group during the 4th quarter worth $30,000. Addison Advisors LLC grew its position in shares of Woodside Energy Group by 559.9% during the 4th quarter. Addison Advisors LLC now owns 1,973 shares of the company's stock worth $31,000 after buying an additional 1,674 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its position in shares of Woodside Energy Group by 111.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,092 shares of the company's stock worth $30,000 after buying an additional 1,102 shares in the last quarter. 3.17% of the stock is currently owned by institutional investors.

Woodside Energy Group Trading Up 1.3%

Woodside Energy Group stock traded up $0.19 during midday trading on Tuesday, reaching $15.05. The stock had a trading volume of 424,548 shares, compared to its average volume of 952,544. The firm has a market cap of $28.58 billion, a price-to-earnings ratio of 18.35 and a beta of 0.63. The company has a fifty day moving average of $13.32 and a 200 day moving average of $14.64. Woodside Energy Group has a 52-week low of $11.26 and a 52-week high of $20.17. The company has a quick ratio of 1.09, a current ratio of 1.24 and a debt-to-equity ratio of 0.13.

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.