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Woodside Energy Group Ltd (ASX:WDS)

ALERT: Price-sensitive ASX Announcement for WDS
Current share price for WDS : $29.300 -3.1 (-9.57%)+
Announcement
Release
29 Apr 2026 9:01AM
Price at Release
$32.400
Full Release
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Summary
Woodside Energy Group Ltd reported its first quarter 2026 performance with significant financial and operational updates. The company realized a pre-tax profit of $32 million from hedged positions, with notable contributions from Corpus Christi and oil price hedges. Production volumes experienced a slight decrease compared to the previous year, with total production reaching 502 Mboe/d. The average realized price increased by 11% from the previous quarter, driven by higher spot market prices for LNG and improved oil prices. The company maintained robust liquidity, with $8,300 million available at the end of the quarter. Capital expenditure was reported at $853 million, with major investments in Scarborough and Trion projects. Challenges included production disruptions from adverse weather and an unplanned outage at Wheatstone. The report highlights ongoing projects and upcoming key events for 2026.
Key Points
  • Realized a pre-tax profit of $32 million from hedged positions.
  • Average realized price increased by 11% from the previous quarter.
  • Production volumes decreased to 502 Mboe/d.
  • Maintained liquidity of $8,300 million.
  • Capital expenditure totaled $853 million.
  • Planned maintenance and project advancements continued.
  • Weather-related disruptions impacted production at Wheatstone.
  • Upcoming reports include the Second Quarter Report on July 29, 2026.
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.