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Woodside Energy's Q2 Revenue, Production Fall
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Woodside Energy's Q2 Revenue, Production Fall
Jul 23, 2024 5:29 AM

08:07 AM EDT, 07/23/2024 (MT Newswires) -- Woodside Energy Group ( WDS ) reported Q2 revenue Tuesday of $3.03 billion, down from $3.08 billion a year earlier.

A single analyst polled by Capital IQ expected $3.21 billion.

Q2 production for the quarter ended June 30 was 44.4 million barrels of oil equivalent, down from 44.5 million boe a year earlier.

Woodside Energy ( WDS ) said it sold 48 million boe in the quarter, down from 48.4 million boe a year earlier.

For the full-year 2024, the company said it continues to expect production of 185 million boe to 195 million boe.

Woodside's shares fell nearly 4% in recent Tuesday premarket activity.

Price: 18.46, Change: -0.71, Percent Change: -3.70

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