Woodside Energy Group (WDS) to Release Earnings on Monday

Woodside Energy Group (NYSE:WDS - Get Free Report) will likely be releasing its earnings data 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

NYSE:WDS traded up $0.19 during mid-day trading on Friday, hitting $13.96. 532,384 shares of the company traded hands, compared to its average volume of 953,914. The stock's fifty day moving average price is $13.35 and its 200-day moving average price is $14.71. Woodside Energy Group has a one year low of $11.26 and a one year high of $20.17. The company has a quick ratio of 1.09, a current ratio of 1.24 and a debt-to-equity ratio of 0.13. The firm has a market cap of $26.51 billion, a price-to-earnings ratio of 17.02 and a beta of 0.61.

Woodside Energy Group Cuts Dividend

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

Hedge Funds Weigh In On Woodside Energy Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. Jane Street Group LLC boosted its position in shares of Woodside Energy Group by 648.0% during the first quarter. Jane Street Group LLC now owns 383,379 shares of the company's stock worth $5,555,000 after acquiring an additional 332,125 shares during the last quarter. AQR Capital Management LLC bought a new position in shares of Woodside Energy Group during the 1st quarter valued at about $279,000. Finally, 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 purchasing an additional 1,102 shares during the last quarter. Institutional investors own 3.17% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Macquarie lowered shares of Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 8th. Citigroup raised shares of Woodside Energy Group from a "sell" rating to a "neutral" rating in a report on Tuesday, February 25th. Finally, Bank of America raised Woodside Energy Group from a "neutral" rating to a "buy" rating in a research note on Wednesday, January 29th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock has an average 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.