Woodside Energy Group Ltd (NYSE:WDS - Get Free Report)'s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $14.01, but opened at $14.35. Woodside Energy Group shares last traded at $14.26, with a volume of 115,479 shares trading hands.
Analysts Set New Price Targets
Several equities analysts have weighed in on the company. Citigroup upgraded Woodside Energy Group from a "sell" rating to a "neutral" rating in a research note on Tuesday, February 25th. Bank of America upgraded Woodside Energy Group from a "neutral" rating to a "buy" rating in a research note on Wednesday, January 29th. Finally, Macquarie cut Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 8th. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold".
Check Out Our Latest Research Report on WDS
Woodside Energy Group Stock Up 2.0%
The stock's fifty day moving average is $13.33 and its two-hundred day moving average is $14.68. The company has a current ratio of 1.24, a quick ratio of 1.09 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $27.12 billion, a PE ratio of 17.39 and a beta of 0.61.
Hedge Funds Weigh In On Woodside Energy Group
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Geneos Wealth Management Inc. boosted its holdings in shares of Woodside Energy Group by 111.3% in 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 during the last quarter. Jane Street Group LLC boosted its holdings 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 buying an additional 332,125 shares during the last quarter. AQR Capital Management LLC purchased a new position in shares of Woodside Energy Group in the 1st quarter worth about $279,000. Cubist Systematic Strategies LLC purchased a new position in shares of Woodside Energy Group in the 1st quarter worth about $2,177,000. Finally, Graham Capital Management L.P. purchased a new position in shares of Woodside Energy Group in the 1st quarter worth about $612,000. 3.17% of the stock is owned by hedge funds and other institutional investors.
Woodside Energy Group Company Profile
(
Get Free Report)
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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