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Woodside Energy Group Ltd (ASX:WDS)

ALERT: Price-sensitive ASX Announcement for WDS
Current share price for WDS : $27.870 0.77 (2.84%)+
Announcement
Release
24 Feb 2026 9:07AM
Price at Release
$27.100
Full Release
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Summary
Woodside Energy Group Ltd announced its full-year 2025 results, reporting record production of 198.8 million barrels of oil equivalent despite a 24% decline in net profit after tax compared to 2024. The company achieved a reduction in unit production costs to $7.8 per barrel of oil equivalent and maintained strong safety standards with no high-consequence injuries. Significant progress was made on major projects, including the Louisiana LNG project, which was 22% complete and on schedule for first LNG in 2029. Woodside also met its target for a 15% reduction in net equity Scope 1 and 2 greenhouse gas emissions.
Key Points
  • Woodside achieved record production of 198.8 million barrels of oil equivalent in 2025.
  • The company's net profit after tax was $2,718 million, a 24% decrease from 2024.
  • Woodside's operating revenue was $12,984 million with an EBITDA of $9,277 million.
  • The Louisiana LNG project was 22% complete by year-end and is on track for first LNG in 2029.
  • Woodside reduced its unit production costs to $7.8 per barrel of oil equivalent.
  • Safety performance improved with zero high-consequence injuries recorded.
  • Woodside achieved a 15% reduction in net equity Scope 1 and 2 greenhouse gas emissions.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.