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Woodside Energy reported a $3.573 billion profit amid lower underlying earnings and record production.
Woodside Energy reported a mixed financial year in 2024, with a significant increase in profit to $3.573 billion due to the absence of prior year impairment charges, but a 13% drop in underlying profit to $2.880 billion due to lower oil and gas prices.
Despite this, the company maintained record production levels and forecast optimism for future projects in the Asia Pacific region.
Shares rose 3.2% post-report, and Woodside is set to pay a final dividend of 53 cents per share.
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Woodside Energy reportó un beneficio de $3.573 millones en medio de ganancias subyacentes más bajas y producción récord.