Analyst Consensus ?
ConsensusHold2 ratings
Bullish00.0%
Neutral2100.0%
Bearish00.0%
Woodside Energy Group Ltd · WDS · FY2024 Q4 · Calendar Q1 2025
Woodside pairs record production with an expanding LNG pipeline
The analysis supports a constructive operating thesis: record production, lower unit costs and a growing LNG and ammonia pipeline improve the long-term setup. The case still depends on project execution, approvals, decommissioning control and commodity prices.
Reported Before market openNYSEEnergy
$41.88B market cap
80quality score
Earnings scorecard
Reported versus consensus
Reported EPS
—
Consensus —
EPS surprise
—
Reported versus consensus
Reported revenue
—
Consensus $3.47B
Revenue surprise
—
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
+2.6%
Event window
SPY move
-0.5%
Same window
Abnormal move
+3.1%
Stock minus SPY
Volume
1.7×
Versus trailing sessions
Subsequent drift
-2.8%
Up to 20 sessions
WDSSPY benchmark
Ask FN2 about WDS FY2024 Q4
Transcript, numbers and history already loaded
What drove WDS's +2.6% move after FY2024 Q4 earnings?What changed in WDS's guidance and outlook in FY2024 Q4?Give me the bull and bear case for WDS after FY2024 Q4 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
The current analysis adds record 2024 production, a $3.6 billion net profit and $8.10/boe unit production costs, while emphasizing Louisiana LNG and Beaumont New Ammonia. It also highlights later-timed decommissioning cash spend and a potentially lumpier 2027 cost profile.
Guidance delta
Maintained; management kept its project and operating outlook intact.
Key takeaways
- Record production and strong cash conversion supported a $3.6 billion net profit and an 8% dividend yield.
- Scarborough, Louisiana LNG, Beaumont New Ammonia and Trion remain central to the growth pipeline.
- Management cited accelerating LNG demand, particularly in Asia, while flagging approvals, decommissioning and commodity-price risks.
Management priorities
- Deliver first LNG from Scarborough in H2 2026.
- Advance Louisiana LNG toward FID readiness and pursue partner sell-downs.
- Progress Beaumont New Ammonia, Trion and Phase 2 Sangomar evaluation while maintaining safety and emissions goals.
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Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$21.73Current
$23.21Low
$25.61Average
$28High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 2, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Citigroup | Neutral | Sell | Upgrade | Feb 25, 2025 |
| Bernstein | Market Perform | Outperform | Downgrade | Aug 20, 2024 |
Named analyst price targets
Upside is calculated against the persisted current price $21.74. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Needham | Cameron Needham | $23.21 | $23.07 | +6.8% | Aug 11, 2026 |
| Bernstein | Neil Beveridge | $28 | $17.7 | +28.8% | Aug 20, 2024 |
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Start freeCompany context
Snapshot as of publicationWoodside Energy Group Ltd is an international energy company involved in the full spectrum of hydrocarbon operations. This includes the exploration, evaluation, development, extraction, marketing, and distribution of resources across various global regions, such as Oceania, Asia, Canada, Africa, and beyond. The company's output comprises a range of vital energy commodities: liquefied natural gas (LNG), pipeline natural gas, condensate, liquefied petroleum gas (LPG), and crude oil. Woodside maintains stakes in numerous key projects, including Greater Browse, Greater Sunrise, Greater Pluto, Greater Exmouth, North West Shelf, Wheatstone, Julimar-Brunello, specific ventures in Canada and Senegal, Greater Scarborough, and Myanmar. Founded in 1954, the company operated as Woodside Petroleum Ltd until its rebranding to Woodside Energy Group Ltd in May 2022. Its corporate base is situated in Perth, Australia.
Historical context
All WDS earningsLatest beats and misses
Who reports nextBeat on EPS
- ACNFY2026 Q4 · October 1, 2026+3.5% EPS+15.8% move
- MKCFY2026 Q3 · October 1, 2026+13.9% EPS-4.9% move
- NKEFY2027 Q1 · October 1, 2026+10.0% EPS-0.7% move
- CAGFY2027 Q1 · September 30, 2026+44.4% EPS-4.9% move
- FDSFY2026 Q4 · September 30, 2026+3.9% EPS+3.8% move
- JBLFY2026 Q4 · September 30, 2026+8.1% EPS-10.0% move
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2025-02-11T00:01:39.744939+00:00
- Polygon adjusted daily market bars · 2026-10-02T15:06:09.117317+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-02T15:06:09.114962+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-02. For educational purposes only; not investment advice.