AustraliaDaily Briefs

Daily Brief Australia: Woodside Energy Group Ltd and more

In today’s briefing:

  • Woodside Energy Group Ltd: Upside From BHP Assets & Pluto KGP Interconnector

Woodside Energy Group Ltd: Upside From BHP Assets & Pluto KGP Interconnector

By Baptista Research

  • Woodside Energy Group delivered a decent financial performance in 2022, driven by higher prices and adding former BHP assets to the portfolio and the Pluto KGP interconnector.
  • Besides that, Woodside Energy completed subsea tieback and enhancement initiatives across its Gulf of Mexico and West Australian LNG assets, keeping the plants occupied.
  • We give Woodside Energy Group Ltd. a ‘Buy’ rating with a revised target price.

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