WDS on NYSE

Woodside Energy

Logo: https://www.woodside.com/assets/static/images/svg/logo-colour-vertical.svg, Non-free logo, via Wikipedia6

Australian oil and gas company

Woodside Energy Group Ltd (formerly Woodside Petroleum Ltd) is an Australian petroleum exploration and production company. Woodside is the operator of oil and gas production in Australia and also Australia's largest independent dedicated oil and gas company. It is a public company listed on the Australian Securities Exchange and has its headquarters in Perth, Western Australia.3 Its chief executive is Meg O'Neill (since 2021).1 Its shares trade on NYSE under the symbol WDS.1 Wikipedia text CC BY-SA 4.0

$23.64 up 0.38 (1.61%)Price as of Oct 16, 2026 at 19:58 UTC

Last updated Oct 21, 2026.

Overview

$13.0BRevenue, fiscal 20257
$2.7BNet income, fiscal 20257
Jul 26, 1954Founded1

Compare with Expand Energy, Diamondback Energy or Devon Energy, or pick any stock.

  • TickerWDS on NYSE1
  • Industrypetroleum industry1
  • HeadquartersPerth1
  • Websitewww.woodside.com
  • Legal formpublic company limited by shares1
  • Listed onAustralian Securities Exchange (WDS), New York Stock Exchange (WDS)1
  • Business address11 Mount Street, Perth, Western Australia8
  • Filer categoryLarge accelerated filer8
  • LEI2549005ZC5RXAOO7FH414
  • StatusActive4
  • LEI statusIssued and current4
  • Registered address11 Mount Street, 6000 Perth, Australia4
  • Registered withThe Australian Securities and Investment Commission, 004 898 9624
Methanier aspher LNGRIVERS
Photo: Pline, CC BY-SA 3.0, via Wikimedia Commons10

Woodside Energy Group Ltd (formerly Woodside Petroleum Ltd) is an Australian petroleum exploration and production company. Woodside is the operator of oil and gas production in Australia and also Australia's largest independent dedicated oil and gas company. It is a public company listed on the Australian Securities Exchange and has its headquarters in Perth, Western Australia. In the 2025 Forbes Global 2000, Woodside was ranked as the 494th-largest public company in the world.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

34.9%Gross margin7
30.0%Operating margin7
21.1%Net margin7
-1.5%Revenue growth, 20257
6.9%Return on equity7
0.28×Debt to equity7

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Australia brought in 58% of the revenue Woodside Energy broke down this way in fiscal 2025.

  1. Australia$7.5B758%down 12% from 2024
  2. International$4.1B731%up 20% from 2024
  3. Marketing$1.4B711%up 15% from 2024
Business segments by year
Business segments202320242025
Australia$9.8B$8.5B$7.5B
International$2.5B$3.4B$4.1B
Marketing$1.6B$1.2B$1.4B

Regions

Asia Pacific brought in 56% of the revenue Woodside Energy broke down this way in fiscal 2025.

  1. Asia Pacific$7.3B756%down 13% from 2024
  2. Europe$3.1B724%up 37% from 2024
  3. Americas$2.2B717%down 9% from 2024
  4. Other Countries$286.0M72%
Regions by year
Regions202320242025
Asia Pacific$9.8B$8.4B$7.3B
Europe$1.6B$2.3B$3.1B
Americas$2.6B$2.5B$2.2B
Other Countries$0$0$286.0M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue65¢$8.4B
  • Other costs6¢$737.0M
  • Interest2¢$299.0M
  • Income tax6¢$763.0M
  • Profit21¢$2.7B

Out of $13.0B in revenue.7

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid28¢$2.0B
  • Share buybacks1¢$53.0M
  • Kept or used elsewhere71¢$5.1B

Out of $7.2B of cash from operations.7

Financial statements

Revenue1112137$13.0B in 2025+261% since 2020
0$5.0B$10.0B$15.0B$20.0B2020: $3.6B$3.6B20202021: $7.0B$7.0B2021+93%2022: $16.8B$16.8B2022+142%2023: $14.0B$14.0B2023−17%2024: $13.2B$13.2B2024−6%2025: $13.0B$13.0B2025−1%
Gross profit1112137$4.5B in 2025+638% since 2020
0$5.0B$10.0B$15.0B2020: $615.0M$615.0M20202021: $3.1B$3.1B2021+407%2022: $10.3B$10.3B2022+230%2023: $6.5B$6.5B2023−37%2024: $5.7B$5.7B2024−12%2025: $4.5B$4.5B2025−20%
Operating income1112137$3.9B in 2025
-$10.0B-$5.0B0$5.0B$10.0B2020: -$5.2B-$5.2B20202021: $3.5B$3.5B20212022: $9.2B$9.2B2022+163%2023: $3.3B$3.3B2023−64%2024: $4.5B$4.5B2024+36%2025: $3.9B$3.9B2025−14%
Net income1112137$2.7B in 2025
-$5.0B0$5.0B$10.0B2020: -$4.0B-$4.0B20202021: $2.0B$2.0B20212022: $6.6B$6.6B2022+223%2023: $1.7B$1.7B2023−74%2024: $3.6B$3.6B2024+112%2025: $2.7B$2.7B2025−25%

Every line of the income statement as filed: the last 3 fiscal years, latest first.7

Period ending2025-12-312024-12-312023-12-31
Operating revenue$13.0B$13.2B$14.0B
Cost of sales-$8.4B-$7.5B-$7.5B
Gross profit$4.5B$5.7B$6.5B
Other income$948.0M$624.0M$322.0M
Other expenses-$1.5B-$1.8B-$1.6B
Impairment losses-$143.0M$0-$1.9B
Profit before tax and net finance costs$3.9B$4.5B$3.3B
Finance income$259.0M$220.0M$273.0M
Finance costs-$299.0M-$365.0M-$307.0M
Profit before tax$3.8B$4.4B$3.3B
Petroleum resource rent tax (PRRT) (expense)/benefit-$349.0M$91.0M-$898.0M
Income tax expense-$763.0M-$814.0M-$653.0M
Profit after tax$2.7B$3.6B$1.7B
Equity holders of the parent$2.7B$3.6B$1.7B
Non-controlling interest$19.0M$73.0M$62.0M
Basic earnings per share attributable to equity holders of the parent (USD per share)$1.43$1.89$0.88
Diluted earnings per share attributable to equity holders of the parent (USD per share)$1.42$1.87$0.87

Compare Woodside Energy with another company

Corporate structure

Woodside Energy sits at the top of its group. 8 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Woodside Energy

  • VANGUARD GROUP INC Filed SC 13G/A on Woodside Energy, latest Feb 13, 2024 (2 filings since Feb 9, 2023)
  • BlackRock Filed SC 13G on Woodside Energy, latest Feb 2, 2024 (2 filings since Feb 10, 2023)
  • Woodside Energy Perth, Australia
    • LOUISIANA LNG LLC Subsidiary · Houston, Texas, United States
    • WOODSIDE ENERGY (DEEPWATER) INC. Subsidiary · Houston, Texas, United States
    • WOODSIDE ENERGY LTD. Subsidiary · Perth, Australia
      • Woodside Energy Trading Singapore Pte. Ltd. Subsidiary · Perth, Australia
    • WOODSIDE ENERGY SHIPPING SINGAPORE PTE. LTD. Subsidiary · Singapore, Singapore
    • Woodside Finance Limited Subsidiary · Perth, Australia
    • North West Shelf Project Stake · 33% · Australia
    • Pluto LNG Owned · 90% · Western Australia, Australia

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Woodside Energy reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$46.6B7 Dec 31, 2025$42.6B7 Dec 31, 2024+9.2%
Operating-lease assets (leased space)$1.4B7 Dec 31, 2025$1.3B7 Dec 31, 2024+10.6%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$5.7B7 Dec 31, 2025$3.9B7 Dec 31, 2024+45.6%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$4.0B7 Dec 31, 2025$3.9B7 Dec 31, 2024+2.2%

Inventory

ItemLatestA year beforeChange
Inventory, total$693.0M7 Dec 31, 2025$684.0M7 Dec 31, 2024+1.3%

Stakes and holdings (Wikidata)

  • Pluto LNG 90%
  • North West Shelf Project 33%

Things Wikidata records the company as owning, with the share when stated.1

The story

Woodside was incorporated on 26 July 1954. It was originally established as Woodside (Lakes Entrance) Oil Co NL, a no liability company (NL), and named after the small town of Woodside, Victoria. The company was floated by accountant Rees Withers, whose firm serviced a number of small exploration companies in Gippsland where Australia's first oil field had been discovered. The company initially struggled to raise funds after a lack of initial success. In 1956, stockbroker Geoff Donaldson, who had underwritten the initial share offer, joined Woodside as chairman. He played a key role in keeping the company afloat in its early years.

Woodside initially focused its exploration activities on Victoria's Gippsland Basin. In 1962 the company recruited Nicholas Boutakoff as chief geologist, who turned the company's activities towards Western Australia. He correctly hypothesised that the North West Shelf contained petroleum reserves, and in 1962 Woodside applied for exploration licences over a large offshore area. Woodside subsequently joined up with Shell and Burmah Oil to form the original North West Shelf Venture. BHP later replaced Burmah, and with Shell, each became a 40% shareholder in Woodside in 1985. BHP reduced its shareholding to 10% in July 1990. In October 1994, BHP sold its remaining shares while Shell sold down to 34%. In 1995, Woodside moved its head office from Melbourne to Perth.

In 1998, Woodside and the North West Shelf Joint Ventures executed a retrospective Indigenous Land Use Agreement for the North West Shelf Project area, which includes the Karratha Gas Plant on the Burrup Peninsula (Murujuga). This agreement is between the North West Shelf JV and the Ngarluma Yindjibarndi Foundation Ltd (NYFL). This is a non-royalty agreement. Woodside is also a party to the Burrup and Maitland Industrial Estates Agreement (BMIEA) for operations areas including the Pluto Gas Plant. The Traditional Owner parties to the BMIEA are represented by the Murujuga Aboriginal Corporation (MAC).

In 2001 Shell sought to buy out the remaining portion of the company that it did not already own at the time; however, the takeover move was blocked by Treasurer of Australia, Peter Costello, on national interest grounds. In November 2010, Shell reduced its 34% stake to 24%. In November 2017, Shell sold its remaining shares.

In August 2021, Woodside entered into an agreement with BHP to merge the latter's oil and gas assets with Woodside. The deal is subject to regulatory and shareholder approval and has been described by environmentalists as 'a disastrous outcome for Woodside shareholders and [the] climate'.

In May 2022, the merger with the BHP oil and gas assets was approved by approximately 98% of Woodside shareholders. As of June 2022, the merger was completed and the combined entity was listed on the New York Stock Exchange and the London Stock Exchange.

Woodside agreed to buy American natural gas company, Tellurian Inc., for a total enterprise value of US$1.2 billion in July 2024. The following month, Woodside announced it would acquire a "blue ammonia" project in Texas from OCI Global for US$2.35 billion.

From Wikipedia’s article on Woodside Energy, shared under CC BY-SA 4.0.9

Leadership

Who has led Woodside Energy, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (15)

Products and brands

  • liquefied natural gas
  • liquified petroleum gas
  • natural gas
  • natural-gas condensate
  • petroleum

Listed on Wikidata.1

Woodside has exploration, development and operating activities in Australia and a number of international regions including Canada, United States, Senegal, South Korea, New Zealand, Myanmar, Cameroon, Gabon, Morocco and Ireland. Within Australia Woodside operates or is developing a number of liquefied natural gas projects. The company also operates the Enfield, Vincent and Pyrenees oil fields offshore from Exmouth in Western Australia.

Scarborough project

Scarborough is the name of the gas field, 375 km (233 mi) off the Pilbara coast. The project includes a floating production unit, the drilling of 13 wells, and a 430 km (270 mi) pipeline to transport the gas to the onshore Pluto LNG processing facility near Karratha, which will be expanded.

A 2021 study found estimated that the full Scarborough-Pluto project will emit almost 1.4 billion tonnes of greenhouse gases over its lifetime. That's over three times Australia's current annual emissions, and around 14 times WA's annual emissions. A climate attribution study in the peer-reviewed journal showed that the emissions from the Scarborough project are directly linked to a temperature rise, leading to heat waves causing 484 heatwave deaths in Europe alone. The emissions from the Scarborough project have been attributed to expose more than half a million people to unprecedented heat, and kill 16 million corals in each bleaching event.

Production is expected to begin in 2026. The project has received environmental approval.

Read the full text

Sunrise LNG development

The Greater Sunrise gas development lies in the Timor Sea north of Australia and includes the Sunrise and Troubadour fields, which were discovered in 1974. Greater Sunrise is located about 450 kilometres (280 mi) north-west of Darwin and 150 kilometres (93 mi) south-east of East Timor. Approximately 80% of the fields lie within Australian waters, with the remainder in jointly administered waters. The Greater Sunrise fields have a total contingent dry gas resource of 5.13 trillion cubic feet (145 billion cubic metres) and 225.9 million barrels (35.92 million cubic metres) of condensate. The Sunrise JV participants are Woodside (operator) (33.4%), ConocoPhillips (30%), Shell (26.6%) and Osaka Gas (10%).

In April 2010 Shell's floating liquefied natural gas technology was selected by the Sunrise Joint Venture for developing the Greater Sunrise gas fields in the Timor Sea. The Woodside-operated JV is now seeking to engage regulators on the concept selection process.

Australia Oil

Woodside owns and operates a number of oil developments off Western Australia, including the Ngujima-Yin FPSO, the Pyrenees FPSO, and the Okha FPSO.

Burrup Hub

Woodside Energy Group also has Burrup Hub, the largest fossil fuel project currently proposed in Australia, involving the extraction of six untapped gas fields and the drilling of 84 wells off the Western Australian coast.

From Wikipedia’s article on Woodside Energy, shared under CC BY-SA 4.0.9

Subsidiaries and ownership

Also owns

  • Pluto LNG 90%
  • North West Shelf Project 33%

From Wikidata.1

Former names

  • WOODSIDE PETROLEUM LTDOct 22, 2002 to May 17, 20228
  • WOODSIDE PETROLEUM LTD /FIFeb 26, 2002 to Oct 7, 20028

Timeline

  1. Mar 18, 2026New chief executive Elizabeth Morton Westcott becomes CEO14
  2. Jun 2, 2022Went public Listed on NYSE1
  3. Aug 17, 2021New chief executive Meg O'Neill becomes CEO1
  4. Nov 18, 1971Went public Listed on Australian Securities Exchange1
  5. Jul 26, 1954Founded Founded1

Filings

314 filings to the SEC since October 2021: 5 annual reports, 19 insider forms, 4 large holders, 286 other. The latest 20:

  1. Oct 8, 20266-K EDGAR
  2. Oct 5, 20264 EDGAR
  3. Sep 17, 2026SD EDGAR
  4. Sep 16, 20266-K EDGAR
  5. Sep 14, 20266-K EDGAR
  6. Sep 2, 20266-K EDGAR
  7. Aug 26, 20266-K EDGAR
  8. Aug 25, 20266-K EDGAR
  9. Jul 29, 20266-K EDGAR
  10. Jul 23, 20266-K EDGAR
  11. Jul 22, 20266-K EDGAR
  12. Jul 8, 20266-K EDGAR
  13. Jul 2, 20266-K EDGAR
  14. Jun 15, 20266-K EDGAR
  15. Jun 12, 20266-K EDGAR
  16. May 12, 20266-K EDGAR
  17. May 11, 20263 EDGAR
  18. Apr 29, 20266-K EDGAR
  19. Apr 24, 20266-K EDGAR
  20. Apr 23, 20266-K EDGAR

The 314 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

3 open-market trades by officers, directors and large owners since October 2021: 0 buys and 3 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Mar 26, 2026Abbotsford Mark AnthonySee RemarksSale7,500$23.94$179.6KForm 4
Mar 24, 2026Abbotsford Mark AnthonySee RemarksSale7,500$23.38$175.3KForm 4
Mar 23, 2026Abbotsford Mark AnthonySee RemarksSale7,500$24.06$180.4KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Morgan Stanley5,265,345$101.7M0.0%+392,331
Goldman Sachs Group Inc3,744,323$72.3M0.0%−173,121
BlackRock, Inc.2,860,793$55.3M0.0%+316,562
Northern Trust Corp1,713,530$33.1M0.0%+28,805
Clearbridge Investments, LLC1,551,115$30.0M0.0%+599,895
First Trust Advisors LP848,103$16.4M0.0%−271,099
Fmr LLC694,480$13.4M0.0%+91,438
Quantinno Capital Management LP654,779$12.7M0.0%+41,501
Dimensional Fund Advisors LP630,667$12.2M0.0%+523
Creative Planning591,873$11.4M0.0%+186,824
UBS Group AG522,176$10.1M0.0%−208,124
Charles Schwab Investment Management Inc515,463$10.0M0.0%+58,267
Jpmorgan Chase & Co517,684$9.9M0.0%+279,869
State Farm Mutual Automobile Insurance Co487,503$9.4M0.0%No change
Envestnet Asset Management Inc415,076$8.0M0.0%+166,495
Barclays PLC371,214$7.2M0.0%+145,698
Earnest Partners LLC368,611$7.1M0.0%+28,203
Bank Of Montreal /can/336,891$6.8M0.0%+5,433
Wells Fargo & Company/mn341,025$6.6M0.0%+207,327
Hourglass Capital, LLC326,760$6.3M1.2%+2,400
Bnp Paribas Financial Markets325,448$6.3M0.0%+325,447
Raymond James Financial Inc290,035$5.6M0.0%+134,769
Stifel Financial Corp272,652$5.3M0.0%+9,549
Aqr Capital Management LLC205,879$4.0M0.0%+99,822
Nuveen, LLC193,269$3.7M0.0%New

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

4 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
May 5, 2026Brian BabinRepublican, HouseSale$1,001 - $15,000+7.5%Report
Mar 10, 2023Josh GottheimerDemocratic, HouseSale$1,001 - $15,000+96.1%Report
Dec 21, 2022Michael GuestRepublican, HouseSale$1,001 - $15,000+106.0%Report
Jun 2, 2022Brian BabinRepublican, HouseBuy$1,001 - $15,000−84.4%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Woodside Energy is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARWOODSIDE ENERGY GROUP LTD2
  • CIK0000844551
  • Filer statusLarge accelerated filer not an emerging growth company; not a shell company31
  • Incorporated inAustralia31
  • Fiscal year endsDecember 312
  • Industry code (SIC)1311 Crude Petroleum & Natural Gas2
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance2
  • Business address11 Mount Street, Perth, Western Australia, Wa, Australia2
  • Phone(618) 9348 44212
  • Shares outstanding1,901,100,143 shares as of Dec 31, 202531
  • AuditorPricewaterhouseCoopers, Perth, Australia PCAOB ID 1379; it also attests to the company’s internal control over financial reporting31
  • On EDGAR sinceJan 30, 20022
  • Filings715 in all: SUPPL (371), 6-K (159), 425 (100), 3 (16), UPLOAD (6), ARS (5), S-8 (5), 20-F (4)2
    All 32 form types

    CORRESP (4), DRS/A (4), 4 (3), 424B3 (3), 424B5 (3), DRSLTR (3), EFFECT (3), FWP (3), SC 13G (3), SD (3), 424B2 (2), F-6 (2), SEC STAFF LETTER (2), 20-F/A (1), 8-A12B (1), CERT (1), DFAN14A (1), DRS (1), F-3ASR (1), F-4 (1), F-6/A (1), F-6EF (1), POSASR (1), SC 13G/A (1)

  • Latest filingsAnnual report (20-F) Feb 24, 2026

Securities registered for trading

ClassSymbolExchange
American Depositary SharesWDSNew York Stock Exchange
Ordinary Shares, no par value per shareNew York Stock Exchange

From the cover page of the 20-F filed Feb 24, 2026 (Section 12(b) of the Exchange Act).31

Sources

The numbers on this page point here. Each one links to the record it came from.

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    Yahoo FinanceWDS quote
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