Woodside Energy Group Ltd (NYSE:WDS - Get Free Report)'s stock price gapped down prior to trading on Thursday . The stock had previously closed at $16.18, but opened at $15.42. Woodside Energy Group shares last traded at $15.39, with a volume of 357,696 shares trading hands.
Analyst Upgrades and Downgrades
Several research firms have recently commented on WDS. Wall Street Zen downgraded Woodside Energy Group from a "hold" rating to a "sell" rating in a research report on Saturday. CLSA raised Woodside Energy Group to a "strong-buy" rating in a research report on Tuesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy".
View Our Latest Stock Analysis on WDS
Woodside Energy Group Stock Performance
The company has a current ratio of 1.90, a quick ratio of 1.74 and a debt-to-equity ratio of 0.31. The company has a fifty day moving average of $16.79 and a two-hundred day moving average of $15.13.
Woodside Energy Group Increases Dividend
The firm also recently disclosed a semi-annual dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Friday, August 29th will be given a $0.53 dividend. This is a boost from Woodside Energy Group's previous semi-annual dividend of $0.51. The ex-dividend date of this dividend is Friday, August 29th. This represents a dividend yield of 616.0%. Woodside Energy Group's dividend payout ratio is 124.39%.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the business. Osaic Holdings Inc. raised its position in shares of Woodside Energy Group by 7.5% in the 2nd quarter. Osaic Holdings Inc. now owns 13,182 shares of the company's stock worth $203,000 after acquiring an additional 914 shares in the last quarter. Thrivent Financial for Lutherans bought a new stake in Woodside Energy Group in the 2nd quarter valued at about $204,000. Evergreen Capital Management LLC increased its position in Woodside Energy Group by 61.0% in the 2nd quarter. Evergreen Capital Management LLC now owns 42,239 shares of the company's stock valued at $652,000 after buying an additional 16,008 shares in the last quarter. Tower Research Capital LLC TRC increased its position in Woodside Energy Group by 1,310.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 32,695 shares of the company's stock valued at $504,000 after buying an additional 30,377 shares in the last quarter. Finally, Corient Private Wealth LLC increased its position in Woodside Energy Group by 7.9% in the 2nd quarter. Corient Private Wealth LLC now owns 51,679 shares of the company's stock valued at $797,000 after buying an additional 3,775 shares in the last quarter. 3.17% of the stock is 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.
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