ASX:WPL

Stock Analysis Report

Woodside Petroleum

Executive Summary

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

Snowflake

Fundamentals

Good value with adequate balance sheet and pays a dividend.


Similar Companies

Share Price & News

How has Woodside Petroleum's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.5%

WPL

0.8%

AU Oil and Gas

0.1%

AU Market


1 Year Return

-7.4%

WPL

-7.2%

AU Oil and Gas

11.9%

AU Market

Return vs Industry: WPL matched the Australian Oil and Gas industry which returned -7.2% over the past year.

Return vs Market: WPL underperformed the Australian Market which returned 11.9% over the past year.


Shareholder returns

WPLIndustryMarket
7 Day-0.5%0.8%0.1%
30 Day-2.7%-1.2%-1.1%
90 Day-7.7%-1.1%-1.4%
1 Year-2.5%-7.4%-3.3%-7.2%18.5%11.9%
3 Year29.8%11.9%12.6%0.4%36.4%18.1%
5 Year4.5%-20.1%-10.7%-26.9%50.9%16.7%

Price Volatility Vs. Market

How volatile is Woodside Petroleum's share price compared to the market and industry in the last 5 years?


Simply Wall St News

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$31.75) is trading below our estimate of fair value (A$78.2)

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 (16.4x) compared to the Oil and Gas industry average (8.9x).

PE vs Market: WPL is good value based on its PE Ratio (16.4x) compared to the Australian market (18.5x).


Price to Earnings Growth Ratio

PEG Ratio: WPL is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: WPL is good value based on its PB Ratio (1.2x) compared to the AU Oil and Gas industry average (1.4x).


Next Steps

Future Growth

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

13.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WPL's forecast earnings growth (13.8% per year) is above the savings rate (2.3%).

Earnings vs Market: WPL's earnings (13.8% per year) are forecast to grow faster than the Australian market (10.2% per year).

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

Revenue vs Market: WPL's revenue (4.4% per year) is forecast to grow faster than the Australian market (3.6% per year).

High Growth Revenue: WPL's revenue (4.4% 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 (8.9%).


Next Steps

Past Performance

How has Woodside Petroleum performed over the past 5 years?

-10.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: WPL's earnings have declined by -10.7% per year over the past 5 years.

Accelerating Growth: WPL's earnings growth over the past year (13%) exceeds its 5-year average (-10.7% per year).

Earnings vs Industry: WPL earnings growth over the past year (13%) underperformed the Oil and Gas industry 68.1%.


Return on Equity

High ROE: WPL's Return on Equity (7.3%) is considered low.


Return on Assets

ROA vs Industry: WPL's Return on Assets is below or equal to the Oil and Gas industry average last year.


Return on Capital Employed

ROCE Improving: WPL's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Woodside Petroleum's financial position?


Financial Position Analysis

Short Term Liabilities: WPL's short term assets ($3.6B) exceeds its short term liabilities ($1.0B)

Long Term Liabilities: WPL's short term assets (3.6B) do not cover its long term liabilities (10.6B)


Debt to Equity History and Analysis

Debt Level: WPL's debt to equity ratio (31.2%) is considered satisfactory

Reducing Debt: WPL's debt to equity ratio has increased from 20.4% to 31.2% over the past 5 years.

Debt Coverage: WPL's debt is well covered by operating cash flow (58.7%).

Interest Coverage: WPL's interest payments on its debt are well covered by EBIT (16.9x coverage).


Balance Sheet

Inventory Level: WPL has a high level of physical assets or inventory.

Debt Coverage by Assets: WPL's debt is not covered by short term assets (assets are 0.7x debt).


Next Steps

Dividend

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

5.83%

Current Dividend Yield


Dividend Yield vs Market

company5.8%marketbottom25%2.4%markettop25%5.6%industryaverage4.5%forecastin3Years5.5%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: WPL's dividend (5.83%) is higher than the bottom 25% of dividend payers in the Australian market (2.44%).

High Dividend: WPL's dividend (5.83%) is in the top 25% of dividend payers in the Australian market (5.58%)

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

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


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (95.6%), 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 (80.5% payout ratio).


Next Steps

Management

What is the CEO of Woodside Petroleum's salary, the management and board of directors tenure and is there insider trading?

5.3yrs

Average management tenure


CEO

Peter Coleman (59yo)

8.4yrs

Tenure

US$6,538,962

Compensation

Mr. Peter John Coleman, BEng, MBA, FTSE, serves as the Chief Executive Officer and Managing Director of Woodside Energy Ltd. Mr. Coleman has been the Chief Executive Officer and Managing Director of Woodsi ...


CEO Compensation Analysis

Compensation vs. Market: Peter's total compensation ($USD6.54M) is about average for companies of similar size in the Australian market ($USD3.86M).

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


Management Age and Tenure

5.3yrs

Average Tenure

Experienced Management: WPL's management team is seasoned and experienced (5.3 years average tenure).


Board Age and Tenure

4.8yrs

Average Tenure

63yo

Average Age

Experienced Board: WPL's board of directors are considered experienced (4.8 years average tenure).


Insider Trading

Insider Buying: WPL insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$39,92306 Sep 19
Ian MacFarlane
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares1,241
Max PriceUS$32.17
BuyUS$22,13306 Sep 19
Christopher Haynes
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares688
Max PriceUS$32.17
BuyUS$44,26606 Sep 19
Lawrence Archibald
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares1,376
Max PriceUS$32.17
BuyUS$19,75206 Sep 19
Sarah Ryan
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares614
Max PriceUS$32.17
BuyUS$47,64406 Sep 19
Ann Pickard
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares1,481
Max PriceUS$32.17
BuyUS$22,68006 Sep 19
Frank Cooper
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares705
Max PriceUS$32.17
SellUS$1,112,70003 Jul 19
Peter Coleman
EntityIndividual
Role
Chief Executive Officer
CEO, MD & Executive Director
Shares30,000
Max PriceUS$37.09
BuyUS$002 Jun 19
BlackRock, Inc.
EntityCompany
Shares24,760,116
Max PriceUS$39.12
SellUS$60,75102 Jun 19
BlackRock, Inc.
EntityCompany
Shares13,790,072
Max PriceUS$39.00
BuyUS$27,57906 Mar 19
Ann Pickard
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares761
Max PriceUS$36.24
BuyUS$286,40006 Mar 19
Richard James Goyder
EntityIndividual
Role
Chairman of the Board
Independent Chairman of the Board
Shares8,000
Max PriceUS$35.80
BuyUS$23,12106 Mar 19
Ian MacFarlane
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares638
Max PriceUS$36.24
BuyUS$22,14306 Mar 19
Christopher Haynes
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares611
Max PriceUS$36.24
BuyUS$25,83906 Mar 19
Lawrence Archibald
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares713
Max PriceUS$36.24
BuyUS$18,91706 Mar 19
Melinda Cilento
EntityIndividual
Shares522
Max PriceUS$36.24
BuyUS$19,75106 Mar 19
Sarah Ryan
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares545
Max PriceUS$36.24
BuyUS$22,68606 Mar 19
Frank Cooper
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares626
Max PriceUS$36.24

Ownership Breakdown


Management Team

  • Warren Baillie

    Company Secretary

    • Tenure: 7.7yrs
  • Reinhardt Matisons

    Executive Vice President of Marketing

    • Tenure: 5.8yrs
    • Compensation: US$984.85k
  • Robert Edwardes

    Executive Vice President of Development

    • Tenure: 7.4yrs
    • Compensation: US$2.00m
  • Peter Coleman (59yo)

    CEO, MD & Executive Director

    • Tenure: 8.4yrs
    • Compensation: US$6.54m
  • Michael Abbott

    Senior Vice President of Corporate & Legal

    • Tenure: 4.8yrs
    • Compensation: US$909.73k
  • Shaun Gregory

    Executive VP of Exploration & CTO

    • Tenure: 3.8yrs
    • Compensation: US$1.20m
  • Andrew Cox

    VP of Legal

    • Tenure: 2.3yrs
  • Sherry Duhe

    Executive VP & CFO

    • Tenure: 0yrs
    • Compensation: US$1.11m
  • Jacky Connolly

    Vice President of People & Global Capability

    • Tenure: 0yrs
  • Meg O’Neill

    Executive VP & COO

    • Tenure: 1.4yrs
    • Compensation: US$2.97m

Board Members

  • Gene Tilbrook (66yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: US$217.22k
  • Richard James Goyder (59yo)

    Independent Chairman of the Board

    • Tenure: 1.5yrs
    • Compensation: US$464.94k
  • Frank Cooper (63yo)

    Independent Non-Executive Director

    • Tenure: 6.7yrs
    • Compensation: US$240.19k
  • Ann Pickard (64yo)

    Non-Executive Director

    • Tenure: 3.7yrs
    • Compensation: US$233.16k
  • Sarah Ryan (53yo)

    Independent Non-Executive Director

    • Tenure: 6.8yrs
    • Compensation: US$216.08k
  • Larry Archibald

    Independent Non-Executive Director

    • Tenure: 2.7yrs
    • Compensation: US$216.08k
  • Peter Coleman (59yo)

    CEO, MD & Executive Director

    • Tenure: 8.4yrs
    • Compensation: US$6.54m
  • Chris Haynes (72yo)

    Independent Non-Executive Director

    • Tenure: 8.3yrs
    • Compensation: US$216.08k
  • Ian MacFarlane

    Independent Non-Executive Director

    • Tenure: 2.9yrs
    • Compensation: US$213.79k

Company Information

Woodside Petroleum Ltd's company bio, 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
  • Market Cap: AU$29.870b
  • Shares outstanding: 942.29m
  • Website: https://www.woodside.com.au

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WOPE.YOTCPK (Pink Sheets LLC)ADR(CNV INTO 1 NPV)USUSDJan 1975
WOPDB (Deutsche Boerse AG)ADR(CNV INTO 1 NPV)DEEURJan 1975
WOPADB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 1979
WPLASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJun 1979
WOPE.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 1979
WPLSWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFJun 1979
WPLCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJun 1979

Biography

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 lique ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 10:33
End of Day Share Price2019/10/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.