Morningstar sees Woodside leading global peers in revenue growth by decade-end
09/10/2026 03:09
BUZZ-Morningstar sees Woodside leading global peers in revenue growth by decade-end ** Morningstar sees Australian oil and gas producer Woodside Energy WDS.AX to grow revenue by over 30% by 2030, higher than any international peers
** Shares of Woodside down 0.6% at A$32.12 on the day, cooling off a 2.6% surge in the previous session
** Shares set to snap a three-week losing streak; on course for a 2.8% weekly gain as oil prices climb on Middle East hostilities O/R
** Morningstar sees revenue growth for Woodside as major new projects come online; sees free cash flows greater than $7 billion after 2030, 300% higher than in 2025
** Adds market remains bearish over shares, trading below its fair value estimate of A$44.00
** YTD, Woodside up 36.2%, while Santos has risen 41.3%
(Reporting by Nichiket Sunil in Bengaluru)
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