Australia's Woodside Energy gains as interim profit tops market estimates

Woodside Energy

25/08/2026 02:12

** Shares of Woodside Energy WDS.AX rise as much as 2.9% to A$34.45, hitting their highest level since April 13
** Stock set for strongest intraday trading session since August 11, if current trends hold
** Oil major's underlying NPAT for H1 up 7% to $1.33 bln, edging past Visible Alpha consensus estimate of $1.32 bln
** Declares an interim dividend of 57 cents per share
** We have set an annual cost savings target of $350 million from 2028 to be delivered through the structured review of our business - CEO says
** YTD, stock up 43.2%, including the session's moves

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((shivangi.lahiri@thomsonreuters.com))