** Citi upgrades rating on Australia's top oil and gas producer Woodside Energy WDS.AX to "neutral" from "sell", raises PT to A$24 from A$22
** WDS reports 13% drop in FY24 underlying profit, though it beat consensus estimates
** Company says it is well positioned to capitalise on demand for U.S. LNG driven by President Donald Trump's trade policy and pro-fossil fuel agenda
** Woodside CEO Meg O'Neill says Trump's policy already generating business for its Louisiana LNG (LLNG) project
** WDS also looking for potential buyers for a stake in LLNG
** Company's shares ended 2.8% higher on Tuesday at A$24.03 per share, a near two-week high
** Citi says WDS remains "underweight" for fund managers; adds if WDS sells 50% stake in LLNG in coming months, "underweight could be a pain trade"
** Brokerage says any sell downs will likely improve both sentiment and fundamentals
** Morningstar, with a fair value estimate of A$41.50, says market is "overly bearish" on WDS
** 6 of 14 analysts rate WDS "buy" or higher, 7 "hold", 1 "strong sell"; median PT A$27 - LSEG
(Reporting by Sameer Manekar in Bengaluru)
((Sameer.Manekar@thomsonreuters.com))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。