Woodside Energy Group Ltd (NYSE:WDS) Receives Average Rating of "Hold" from Analysts

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

Several research firms have commented on WDS. Macquarie lowered shares of Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 8th. CLSA raised shares of Woodside Energy Group to a "strong-buy" rating in a research note on Tuesday, June 24th.

Institutional Investors Weigh In On Woodside Energy Group

Institutional investors and hedge funds have recently bought and sold shares of the stock. Huntington National Bank grew its holdings in shares of 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 during the last quarter. Greenline Partners LLC purchased a new stake in Woodside Energy Group in the fourth quarter worth $30,000. Geneos Wealth Management Inc. boosted its holdings 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 valued at $30,000 after buying an additional 1,102 shares in the last quarter. GAMMA Investing LLC raised its position in Woodside Energy Group by 105.5% in the 2nd quarter. GAMMA Investing LLC now owns 2,723 shares of the company's stock worth $42,000 after buying an additional 1,398 shares during the last quarter. Finally, Bessemer Group Inc. raised its position in Woodside Energy Group by 135.6% in the 4th quarter. Bessemer Group Inc. now owns 3,603 shares of the company's stock worth $56,000 after buying an additional 2,074 shares during the last quarter. 3.17% of the stock is owned by hedge funds and other institutional investors.

Woodside Energy Group Price Performance

Shares of NYSE WDS traded up $0.34 during trading on Wednesday, reaching $17.13. The company had a trading volume of 561,403 shares, compared to its average volume of 937,317. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.17 and a current ratio of 1.29. The stock has a market cap of $32.52 billion, a PE ratio of 20.88 and a beta of 0.64. The business's 50 day moving average price is $15.38 and its 200-day moving average price is $14.72. Woodside Energy Group has a 52 week low of $11.26 and a 52 week high of $18.44.

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.