$WDS

Woodside Energy Group Ltd (WDS) reported a 7% net profit increase to $1.33B for H1 2026, raising its dividend to 57 cents per share. The company abandoned its $5B clean-energy investment plan, citing weak demand and market conditions, and is reviewing its $2.35B Beaumont project. WDS will focus on oil and gas, maintaining $4B-$4.5B in 2026 capex, with major projects like Scarborough, Trion, and Louisiana LNG driving growth.

bp acquired Woodside Energy's 70% stake in the Calypso gas project, aiming for 100% ownership by year-end. The deal highlights bp's commitment to Trinidad and Tobago's gas sector, with projects like Ginger and Coconut. Shell is also expanding in the region, increasing Manatee pipeline capacity. Investments in Caribbean gas infrastructure are growing, with developments in Suriname and The Bahamas. Caribbean Energy Week 2027 will discuss these trends.

Woodside Energy (ASX: WDS) shares fell 3.27% to A$31.92 as energy stocks retreated with oil prices. HY26 results showed revenue up 13% to USD 7.45B, net profit USD 1.67B, and a 5.9% annualized dividend yield. Gearing was 20.6%, above target, due to project liabilities. Analysts' average price target is A$32.62, near current levels. The stock remains above key moving averages, with support at A$31.50-$32.

Woodside Energy reported a 7% rise in first-half profit to $1.33B, exceeding estimates. The company abandoned a long-term emissions target and $5B in clean energy spending, focusing on oil and gas. It declared an interim dividend of 57 cents per share and maintained 2026 production and capex guidance. Shares were down 1%.

Woodside Energy Group reported record free cash flow and abandoned $5B new energy projects by 2030. CEO Elizabeth Westcott reviewed Beaumont New Ammonia options and Louisiana LNG equity exposure. Browse project timelines and CapEx remain under review. A $350M cost-out program targets 2028 savings. Louisiana LNG sell-down discussions progress. Sangomar Phase 2 discussions continue with Senegal. Gear reduction to below 20% by year-end 2026 is expected.

Woodside Energy abandoned its clean energy target and $5B spending plan, focusing on oil and gas. First-half profit rose 7% to $1.33B, beating estimates. CEO Liz Westcott cited market conditions and lack of customer support for clean energy projects. The company declared a 57-cent interim dividend and maintained production and capex guidance. Shares fell 1% despite a market rally.

BHP and Woodside Energy reported profit increases of 30% and 7% respectively, driven by high commodity prices. BHP's fiscal 2026 profit reached US$13.2 billion. Woodside Energy's first-half 2026 profit rose due to elevated oil and LNG prices. Gold futures pricing suggests low probability of reaching $15,000 by December 2026, despite positive earnings reports.

Woodside Energy reported a 27% rise in net profit to $1.67B for H1 2026, driven by higher oil and LNG prices, despite a 13% production decline. Revenue increased 13% to $7.45B, and the dividend rose to 57 cents per share. Production guidance was narrowed, and major projects like Scarborough and Louisiana LNG are progressing.

The ASX 200 rose 0.5% with 10 of 11 sectors gaining. Coles Group (ASX:COL) reported a 13.7% increase in underlying NPAT to $1.255B, while Woodside Energy (ASX:WDS) saw a 7% profit rise. Viva Energy (ASX:VEA) reported a significant earnings increase, and Australian Ethical (ASX:AEF) grew revenue and profit. SiteMinder (ASX:SDR) fell despite revenue growth, missing expectations.

Woodside Energy Group Ltd reported half-year earnings for 2026, with sales of USD 7,446 million (up from USD 6,590 million) and net income of USD 1,672 million (up from USD 1,316 million). Basic EPS was USD 0.882 (up from USD 0.694). The company operates in global energy markets, with segments in Australia, International, and Marketing.