Woodside lifts 1H net profit

Resources giant posts solid lift in first-half profit and revenue, revises down full-year production guidance.

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.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

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

please enter this code below to activate your membership

If you didn't receive SMS code please

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

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

Related Articles