Woodside Energy Group (WDS) Expected to Announce Earnings on Monday

Woodside Energy Group (NYSE:WDS - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Monday, May 26th. Analysts expect Woodside Energy Group to post earnings of $0.65 per share and revenue of $7.00 billion for the quarter.

Woodside Energy Group Stock Performance

WDS opened at $14.10 on Monday. The firm has a market capitalization of $26.76 billion, a PE ratio of 17.19 and a beta of 0.61. Woodside Energy Group has a twelve month low of $11.26 and a twelve month high of $20.17. The firm's 50-day moving average price is $13.40 and its 200 day moving average price is $14.76. The company has a current ratio of 1.24, a quick ratio of 1.09 and a debt-to-equity ratio of 0.13.

Woodside Energy Group Cuts Dividend

The company also recently announced a semi-annual dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th were paid a dividend of $0.51 per share. This represents a yield of 7.6%. The ex-dividend date was Friday, March 7th. Woodside Energy Group's dividend payout ratio (DPR) is presently 124.39%.

Institutional Investors Weigh In On Woodside Energy Group

A hedge fund recently bought a new stake in Woodside Energy Group stock. AQR Capital Management LLC acquired a new stake in Woodside Energy Group Ltd (NYSE:WDS - Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 19,285 shares of the company's stock, valued at approximately $279,000. Institutional investors own 3.17% of the company's stock.

Analyst Ratings Changes

WDS has been the topic of a number of research analyst reports. Citigroup raised shares of Woodside Energy Group from a "sell" rating to a "neutral" rating in a research note on Tuesday, February 25th. Bank of America raised shares of Woodside Energy Group from a "neutral" rating to a "buy" rating in a research note on Wednesday, January 29th. Finally, Macquarie downgraded shares of Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 8th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold".

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.

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