Woodside Should Rethink Lack of Interest in Upstream U.S. Gas Deal -- Market Talk

Dow Jones

Sep 11, 2024

0158 GMT - For Jarden, a key question arising from Woodside Energy's proposed $900 million acquisition of Tellurian is why the Australian company has no interest in also buying an upstream U.S. gas business to mitigate risk around future swings in Henry Hub prices. Analyst Nik Burns highlights Woodside's response that it has no experience in onshore oil and gas developments or U.S. shale. But there are other factors to consider. The market is still getting comfortable with the Tellurian deal, Jarden says, while Woodside has time to rethink an upstream U.S. gas deal as Tellurian's Driftwood LNG project won't start up until 2029. Also, "acquiring an equity in U.S. shale would increase the company's emissions profile, making it more challenging for Woodside to reduce its scope 1 and 2 emissions," Jarden says. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

September 10, 2024 21:58 ET (01:58 GMT)

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Analyst Nik Burns highlights Woodside's response that it has no experience in onshore oil and gas developments or U.S. shale. But there are other factors to consider. The market is still getting comfortable with the Tellurian deal, Jarden says, while Woodside has time to rethink an upstream U.S. gas deal as Tellurian's Driftwood LNG project won't start up until 2029. Also, \"acquiring an equity in U.S. shale would increase the company's emissions profile, making it more challenging for Woodside to reduce its scope 1 and 2 emissions,\" Jarden says. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 10, 2024 21:58 ET (01:58 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Woodside Should Rethink Lack of Interest in Upstream U.S. Gas Deal -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWoodside Should Rethink Lack of Interest in Upstream U.S. Gas Deal -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-09-11 09:58</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0158 GMT - For Jarden, a key question arising from Woodside Energy's proposed $900 million acquisition of Tellurian is why the Australian company has no interest in also buying an upstream U.S. gas business to mitigate risk around future swings in Henry Hub prices. Analyst Nik Burns highlights Woodside's response that it has no experience in onshore oil and gas developments or U.S. shale. But there are other factors to consider. The market is still getting comfortable with the Tellurian deal, Jarden says, while Woodside has time to rethink an upstream U.S. gas deal as Tellurian's Driftwood LNG project won't start up until 2029. Also, \"acquiring an equity in U.S. shale would increase the company's emissions profile, making it more challenging for Woodside to reduce its scope 1 and 2 emissions,\" Jarden says. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 10, 2024 21:58 ET (01:58 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TELL","symbol_name":"Tellurian Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2466445231","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2466445231","pubTimestamp":1726019880,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0158 GMT - For Jarden, a key question arising from Woodside Energy's proposed $900 million acquisition of Tellurian is why the Australian company has no interest in also buying an upstream U.S. gas business to mitigate risk around future swings in Henry Hub prices. Analyst Nik Burns highlights Woodside's response that it has no experience in onshore oil and gas developments or U.S. shale. But there are other factors to consider. The market is still getting comfortable with the Tellurian deal, Jarden says, while Woodside has time to rethink an upstream U.S. gas deal as Tellurian's Driftwood LNG project won't start up until 2029. Also, \"acquiring an equity in U.S. shale would increase the company's emissions profile, making it more challenging for Woodside to reduce its scope 1 and 2 emissions,\" Jarden says. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TELL":"Tellurian Inc.","WDS.AU":"WOODSIDE ENERGY GROUP LTD","WDS":"Woodside Energy Group Ltd","BK7142":"石油与天然气的勘探与生产","BK4213":"石油与天然气的勘探与生产","BK4563":"昨日强势股"},"translate_title":"伍德赛德应该重新考虑对美国上游天然气交易缺乏兴趣——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WDS":0.9,"TELL":0.9,"WDS.AU":0.9},"content_text":"0158 GMT - For Jarden, a key question arising from Woodside Energy's proposed $900 million acquisition of Tellurian is why the Australian company has no interest in also buying an upstream U.S. gas business to mitigate risk around future swings in Henry Hub prices. Analyst Nik Burns highlights Woodside's response that it has no experience in onshore oil and gas developments or U.S. shale. But there are other factors to consider. The market is still getting comfortable with the Tellurian deal, Jarden says, while Woodside has time to rethink an upstream U.S. gas deal as Tellurian's Driftwood LNG project won't start up until 2029. Also, \"acquiring an equity in U.S. shale would increase the company's emissions profile, making it more challenging for Woodside to reduce its scope 1 and 2 emissions,\" Jarden says. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 10, 2024 21:58 ET (01:58 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}