Woodside Energy's first-half profit rises 7%
24/08/2026 23:38
Woodside Energy's first-half profit rises 7% Aug 25 (Reuters) - Woodside Energy WDS.AX reported a 7% rise in half-year profit on Tuesday, driven by a surge in oil prices from the conflict in the Middle East and an increase in customer demand for products.
The Australian oil and gas producer posted an underlying net profit after tax of $1.33 billion for the six months ended June 30, up from $1.25 billion a year earlier and slightly ahead of Visible Alpha's consensus estimate of $1.32 billion.
(Reporting by Shivangi Lahiri and Roshan Thomas in Bengaluru; Editing by Leroy Leo)
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