MARKETS SPECTATOR: Woodside price point

Woodside's decision to pull out of James Price Point Browse, combined with Asia's insatiable appetite for energy, should buoy the energy giant's share price.

The lift in Woodside Petroleum Ltd’s share price by $1.20 to $36.40 on April 12 confirmed to many in the market that the decision to cancel its participation in the onshore liquefied natural gas project at James Price Point in Western Australia will herald a share buy-back of as much as $1 billion.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles