$10,000 in Woodside Energy shares: how the holding has performed
Woodside Energy shares rose 49% over the past 12 months. The company's average realised price climbed 20% year over year to US$74 per barrel of oil equivalent, even as total production fell 13% to 86.5 million barrels of oil equivalent. Net profit rose 27% to US$1.67 billion and free cash flow surged 159% to US$352 million, allowing the board to lift the interim dividend by 8% to 57 cents per share. The Scarborough project is 98% complete and remains on track to produce its first LNG in the fourth quarter of 2026.