News Formal

Woodside profit trebles on merger, prices

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 90%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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.

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ASX to fall; earnings season nears finish lineAustralian shares are set to open lower after a sell-off hit Wall Street. $A tumbles on US rate outlook. Appen, Woodside to report.
Source: FinancialReview - 🏆 2. / 90 Read more »

ASX to fall; earnings season nears finish lineAustralian shares are set to open lower after a sell-off hit Wall Street. $A tumbles on US rate outlook. Appen, Woodside to report.
Source: FinancialReview - 🏆 2. / 90 Read more »