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WPL

Woodside PetroleumASX:WPL Stock Report

Last Price

AU$25.19

Market Cap

AU$24.5b

7D

1.5%

1Y

-5.2%

Updated

22 Jan, 2022

Data

Company Financials +
WPL fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance3/6
Financial Health4/6
Dividends2/6

WPL Stock Overview

Woodside Petroleum Ltd engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons in Oceania, Asia, Canada, Africa, and internationally.

Woodside Petroleum Competitors

Santos

ASX:STO

AU$23.9b

Oil Search

ASX:OSH

AU$8.4b

Beach Energy

ASX:BPT

AU$3.3b

Karoon Energy

ASX:KAR

AU$1.1b

Price History & Performance

Summary of all time highs, changes and price drops for Woodside Petroleum
Historical stock prices
Current Share PriceAU$25.19
52 Week HighAU$26.44
52 Week LowAU$19.15
Beta1.32
1 Month Change15.60%
3 Month Change8.25%
1 Year Change-5.16%
3 Year Change-26.52%
5 Year Change-22.04%
Change since IPO540.97%

Recent News & Updates

Dec 09
Is Woodside Petroleum (ASX:WPL) A Risky Investment?

Is Woodside Petroleum (ASX:WPL) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Oct 18
There's Been No Shortage Of Growth Recently For Woodside Petroleum's (ASX:WPL) Returns On Capital

There's Been No Shortage Of Growth Recently For Woodside Petroleum's (ASX:WPL) Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...

Shareholder Returns

WPLAU Oil and GasAU Market
7D1.5%-1.2%-2.8%
1Y-5.2%4.8%5.8%

Return vs Industry: WPL underperformed the Australian Oil and Gas industry which returned 4.8% over the past year.

Return vs Market: WPL underperformed the Australian Market which returned 5.8% over the past year.

Price Volatility

Is WPL's price volatile compared to industry and market?
WPL volatility
WPL Average Weekly Movement4.0%
Oil and Gas Industry Average Movement10.7%
Market Average Movement8.6%
10% most volatile stocks in AU Market15.4%
10% least volatile stocks in AU Market3.7%

Stable Share Price: WPL is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: WPL's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19543,670Meg O’Neillhttps://www.woodside.com.au

Woodside Petroleum Ltd engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons in Oceania, Asia, Canada, Africa, and internationally. The company produces liquefied natural gas, pipeline natural gas, condensate, liquefied petroleum gas, and crude oil. It holds interests in the Greater Browse, Greater Sunrise, Greater Pluto, Greater Exmouth, North West Shelf, Wheatstone, Canada, Senegal, Greater Scarborough, and Myanmar projects.

Woodside Petroleum Fundamentals Summary

How do Woodside Petroleum's earnings and revenue compare to its market cap?
WPL fundamental statistics
Market CapUS$17.63b
Earnings (TTM)US$356.00m
Revenue (TTM)US$4.20b

49.5x

P/E Ratio

4.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WPL income statement (TTM)
RevenueUS$4.20b
Cost of RevenueUS$2.74b
Gross ProfitUS$1.46b
ExpensesUS$1.11b
EarningsUS$356.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Feb 16, 2022

Earnings per share (EPS)0.37
Gross Margin34.83%
Net Profit Margin8.48%
Debt/Equity Ratio41.5%

How did WPL perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

113%

Payout Ratio

Valuation

Is Woodside Petroleum undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: WPL (A$25.19) is trading below our estimate of fair value (A$153.24)

Significantly Below Fair Value: WPL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: WPL is poor value based on its PE Ratio (49.5x) compared to the Australian Oil and Gas industry average (26.1x).

PE vs Market: WPL is poor value based on its PE Ratio (49.5x) compared to the Australian market (18.6x).


Price to Earnings Growth Ratio

PEG Ratio: WPL is poor value based on its PEG Ratio (5.5x)


Price to Book Ratio

PB vs Industry: WPL is good value based on its PB Ratio (1.4x) compared to the AU Oil and Gas industry average (2.4x).


Future Growth

How is Woodside Petroleum forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

9.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WPL's forecast earnings growth (9% per year) is above the savings rate (1.9%).

Earnings vs Market: WPL's earnings (9% per year) are forecast to grow slower than the Australian market (11.1% per year).

High Growth Earnings: WPL's earnings are forecast to grow, but not significantly.

Revenue vs Market: WPL's revenue (13.8% per year) is forecast to grow faster than the Australian market (4.8% per year).

High Growth Revenue: WPL's revenue (13.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: WPL's Return on Equity is forecast to be low in 3 years time (12.3%).


Past Performance

How has Woodside Petroleum performed over the past 5 years?

-48.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WPL has high quality earnings.

Growing Profit Margin: WPL became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: WPL has become profitable over the past 5 years, growing earnings by -48.9% per year.

Accelerating Growth: WPL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: WPL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.5%).


Return on Equity

High ROE: WPL's Return on Equity (3.1%) is considered low.


Financial Health

How is Woodside Petroleum's financial position?


Financial Position Analysis

Short Term Liabilities: WPL's short term assets ($3.7B) exceed its short term liabilities ($1.4B).

Long Term Liabilities: WPL's short term assets ($3.7B) do not cover its long term liabilities ($9.4B).


Debt to Equity History and Analysis

Debt Level: WPL's net debt to equity ratio (18.3%) is considered satisfactory.

Reducing Debt: WPL's debt to equity ratio has increased from 29.4% to 41.5% over the past 5 years.

Debt Coverage: WPL's debt is well covered by operating cash flow (37.7%).

Interest Coverage: WPL's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet


Dividend

What is Woodside Petroleum current dividend yield, its reliability and sustainability?

2.31%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: WPL's dividend (2.31%) is higher than the bottom 25% of dividend payers in the Australian market (2.25%).

High Dividend: WPL's dividend (2.31%) is low compared to the top 25% of dividend payers in the Australian market (5.52%).


Stability and Growth of Payments

Stable Dividend: WPL's dividend payments have been volatile in the past 10 years.

Growing Dividend: WPL's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (112.5%), WPL's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: WPL's dividends in 3 years are forecast to be covered by earnings (62.7% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average management tenure


CEO

Meg O’Neill

0.75

Tenure

US$2,176,850

Compensation

Ms. Marguerite Eileen O’Neill, also known as Meg, BSc (Ocean Engineering), BSc (Chemical Engineering), M.Sc., serves as Chief Executive Officer and Managing Director at Woodside Petroleum Ltd since August...


CEO Compensation Analysis

Compensation vs Market: Meg's total compensation ($USD2.18M) is below average for companies of similar size in the Australian market ($USD3.78M).

Compensation vs Earnings: Meg's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: WPL's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: WPL's board of directors are considered experienced (5.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Woodside Petroleum Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Woodside Petroleum Ltd
  • Ticker: WPL
  • Exchange: ASX
  • Founded: 1954
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Implied Market Cap: AU$24.473b
  • Shares outstanding: 971.53m
  • Website: https://www.woodside.com.au

Number of Employees


Location

  • Woodside Petroleum Ltd
  • Mia Yellagonga
  • 11 Mount Street
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/22 07:03
End of Day Share Price2022/01/21 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.