Woodside Energy Group Ltd (NYSE:WDS) Given Average Rating of "Hold" by Analysts

Woodside Energy Group Ltd (NYSE:WDS - Get Free Report) has earned a consensus rating of "Hold" from the seven analysts that are covering the stock, MarketBeat reports. Five research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company.

A number of analysts recently weighed in on the stock. CLSA raised shares of Woodside Energy Group to a "strong-buy" rating in a report on Tuesday, June 24th. Macquarie cut shares of Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 8th.

Institutional Investors Weigh In On Woodside Energy Group

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. grew its position in Woodside Energy Group by 111.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,092 shares of the company's stock valued at $30,000 after buying an additional 1,102 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of Woodside Energy Group by 648.0% in the 1st quarter. Jane Street Group LLC now owns 383,379 shares of the company's stock worth $5,555,000 after acquiring an additional 332,125 shares during the period. AQR Capital Management LLC bought a new position in shares of Woodside Energy Group in the first quarter valued at approximately $279,000. Cubist Systematic Strategies LLC bought a new position in shares of Woodside Energy Group in the first quarter valued at approximately $2,177,000. Finally, Graham Capital Management L.P. acquired a new position in shares of Woodside Energy Group during the first quarter valued at approximately $612,000. 3.17% of the stock is currently owned by institutional investors.

Woodside Energy Group Stock Performance

NYSE WDS traded up $0.13 during trading hours on Friday, hitting $15.56. The company had a trading volume of 639,344 shares, compared to its average volume of 959,215. The company has a quick ratio of 1.17, a current ratio of 1.29 and a debt-to-equity ratio of 0.25. The firm has a market cap of $29.54 billion, a P/E ratio of 18.98 and a beta of 0.64. Woodside Energy Group has a fifty-two week low of $11.26 and a fifty-two week high of $20.17. The business has a fifty day simple moving average of $14.47 and a 200-day simple moving average of $14.63.

About Woodside Energy Group

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.