Woodside lifts 1H net profit
- {{x.value}}
{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}
{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}
{{ content.upgradeHeading.replace('{0}', user.FirstName) }}
The email address you entered is registered with InvestSMART
Please login to continue
We have sent you an email with the details of your registration.
Looks you are already a member. Please enter your password to proceed
{{ upgradeCTAText }}
Updating information
Please wait ...
Your membership to InvestSMART Group recently failed to renew.
Please make sure your payment details are up to date to continue your membership.
Having trouble renewing?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
You've recently updated your payment details.
It may take a few minutes to update your subscription details, during this time you will not be able to view locked content.
If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in.
Still having trouble viewing content?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial
Please click on the ACTIVATE button to finalise your membership
Unsuccessful registration
Registration for this event is available only to Eureka Report members. View our membership page for more information.
Registration for this event is available only to Intelligent Investor members. View our membership page for more information.
- You are already registered for this event.
- This event is already full.
- Please select a quantity for at least one ticket.
- {{ i }}
Forgotten password
Please enter your email address below to request a new password
- Verify your email address by clicking on the link we sent to {{user.Email}}
- You now have free access, we look forward to helping you on your financial journey.
Woodside Petroleum (WPL) has lowered its full-year production guidance due to an unplanned shutdown of its LNG processing train, despite posting slight lifts in both first-half net profit and revenue.
In the six months to June 30, Woodside posted a net profit of $US873 million, a 7.5% increase on the $US812 million in the previous corresponding half and well above consensus expectations for $818 million.
In the same period revenue was $US2.86 billion, 7.6% higher than the $US2.66 billion recorded in the first half of 2012.
The group will pay a fully-franked interim dividend of 83 US cents, after paying a special dividend of 63 US cents in May.
The interim dividend will be paid on September 25, to shareholders on the register as at August 30.
Woodside lowered its production target range for 2013 to between 85 and 89 MMboe, from a range of 88 to 94 MMboe.
The group said the revision was due to a temporary interruption to Pluto production resulting from an unplanned shutdown of the LNG processing train, as well as the scheduled refurbishment of the Vincent floating production storage and offloading vessel, which Woodside says will now take longer than expected.