Woodside Energy Group (NYSE:WDS - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "hold" rating to a "sell" rating in a research note issued to investors on Saturday.
WDS has been the topic of several other reports. CLSA upgraded Woodside Energy Group to a "strong-buy" rating in a report on Tuesday, June 24th. Weiss Ratings reiterated a "hold (c)" rating on shares of Woodside Energy Group in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, Woodside Energy Group has an average rating of "Moderate Buy".
Check Out Our Latest Report on WDS
Woodside Energy Group Stock Performance
Shares of WDS stock opened at $14.30 on Friday. The business's 50 day simple moving average is $16.38 and its 200 day simple moving average is $15.19. Woodside Energy Group has a one year low of $11.26 and a one year high of $17.70. The stock has a market capitalization of $27.15 billion, a PE ratio of 17.44 and a beta of 0.63. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.90 and a quick ratio of 1.74.
Hedge Funds Weigh In On Woodside Energy Group
A number of institutional investors and hedge funds have recently modified their holdings of the business. Kornitzer Capital Management Inc. KS boosted its holdings in shares of Woodside Energy Group by 1.5% during the 2nd quarter. Kornitzer Capital Management Inc. KS now owns 42,515 shares of the company's stock worth $656,000 after buying an additional 643 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Woodside Energy Group by 38.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,317 shares of the company's stock worth $36,000 after buying an additional 646 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Woodside Energy Group by 21.9% during the 2nd quarter. NewEdge Advisors LLC now owns 4,171 shares of the company's stock worth $64,000 after buying an additional 750 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Woodside Energy Group by 17.6% in the 2nd quarter. Smartleaf Asset Management LLC now owns 5,226 shares of the company's stock worth $81,000 after purchasing an additional 781 shares in the last quarter. Finally, Osaic Holdings Inc. grew its position in Woodside Energy Group by 7.5% in the 2nd quarter. Osaic Holdings Inc. now owns 13,182 shares of the company's stock valued at $203,000 after purchasing an additional 914 shares during the period. 3.17% of the stock is currently owned by institutional investors.
Woodside Energy Group Company Profile
(
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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.
Further Reading

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