Woodside profit trebles on merger, prices

📆 27/02/2023 10:59 AM

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Woodside Energy’s full-year net profit has more than trebled due to soaring commodity prices and its merger last June with BHP’s petroleum business.

📆 27/02/2023 10:59 AM
📰 FinancialReview

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Core net profit, the figure most closely watched by the market, jumped to $US5.23 billion in the year ended December 31, up 223 per cent from 2021 but shy of the market consensus.Dominic Lorrimer

Woodside declared a final dividend of $US1.44 a share, up from $US1.05 a share at the same time last year. The full-year payout to shareholders totalled $US4.8 billion.

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