Woodside Energy Posts Higher 2024 Earnings Despite Decline in Revenue

MT Newswires Live
25 Feb

Woodside Energy (ASX:WDS) reported Tuesday that its earnings per diluted share in 2024 rose to $1.869 from $0.869 per diluted share a year earlier.

Analysts polled by Visible Alpha were expecting an EPS of $1.70.

Operating revenue for the year ended Dec. 31, 2024, was $13.18 billion, down from $14 billion in the same period a year earlier. Analysts surveyed by Visible Alpha expected $13.31 billion.

The oil and gas firm expects to produce 186 million to 196 million barrels of oil equivalent for 2025.

The board declared an interim dividend of $0.53 per share, down from $0.60 in the previous corresponding period, payable on April 2 to shareholders on record as of March 7.

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