ASX:WDSOil and Gas
Is Higher Revenue On Lower Output Shifting the Investment Case For Woodside Energy (ASX:WDS)?
In late July 2026, Woodside Energy Group Ltd. reported unaudited second-quarter 2026 results showing operating revenue of US$4,185 million versus US$3,275 million a year earlier, alongside lower production and sales volumes year on year and a slight adjustment to full-year production guidance to 174–185 MMboe.
An interesting aspect of the update is that Woodside generated higher operating revenue for both the quarter and year to date despite reduced production volumes, indicating the...