Woodside Energy Group's 1H Results and FY24 Production Guidance Summary
Strong Financial Performance in 1H Results
Woodside Energy Group (WDS) has reported impressive 1H financial results. The company achieved a net profit after tax of $1,937 million, which showcases a strong financial outlook. Additionally, the underlying net profit after tax was $1,632 million, signifying solid operational performance.
Operating Cash Flow Highlights
Woodside also reported an extraordinary operating cash flow of $2,393 million. This strong cash flow positions the company favorably as it looks to reaffirm its FY24 production guidance.
Outlook and Guidance for FY24
Looking ahead, Woodside Energy Group remains confident in its ability to meet production targets for FY24. The reaffirmation of this guidance indicates ongoing commitment to stakeholder confidence and consistent performance.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.