WPL.AX - Woodside Petroleum Ltd

ASX - ASX Delayed price. Currency in AUD
23.36
+0.19 (+0.82%)
At close: 4:10PM AEST
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Previous close23.17
Open23.04
Bid23.35 x 0
Ask23.37 x 0
Day's range23.04 - 23.38
52-week range14.93 - 37.50
Volume3,003,136
Avg. volume5,222,108
Market cap22.012B
Beta (5Y monthly)0.79
PE ratio (TTM)17.59
EPS (TTM)1.33
Earnings date14 Aug 2020
Forward dividend & yield1.36 (5.84%)
Ex-dividend date24 Feb 2020
1y target est27.09
  • Why We’re Not Impressed By Woodside Petroleum Ltd’s (ASX:WPL) 3.3% ROCE
    Simply Wall St.

    Why We’re Not Impressed By Woodside Petroleum Ltd’s (ASX:WPL) 3.3% ROCE

    Today we'll look at Woodside Petroleum Ltd (ASX:WPL) and reflect on its potential as an investment. Specifically...

  • Australia Looks to Big Oil in Latest Plan to Curb Emissions
    Bloomberg

    Australia Looks to Big Oil in Latest Plan to Curb Emissions

    (Bloomberg) -- Australia is seeking to cut emissions in one of the world’s biggest per-capita polluters by encouraging oil firms including Chevron Corp. and Woodside Petroleum Ltd. to invest in carbon-reduction projects.The nation on Tuesday said it would revamp a multibillion-dollar climate fund to support the development of technologies such as carbon capture and storage to improve efficiency and reduce greenhouse gases. The move was welcomed by the oil and gas industry and blasted by climate groups, which said it undermines renewable energy projects.Calls for Prime Minister Scott Morrison to do more to combat climate change got louder after devastating bushfires destroyed thousands of homes this past summer. Morrison has said the country will comfortably meet its international commitments, but progress on emissions reduction has stalled in recent years as a number of heavy-polluting gas export facilities started operations.The government plans to revamp the A$2 billion ($1.3 billion) Climate Solutions Fund, after an independent report published Tuesday found that stronger action was needed for the country to meet its climate commitments under the Paris Agreement. The fund is part of a A$3.5 billion package to help Australia meet the 2030 goal.“Key sectors are not projected to have begun significantly reducing emissions by 2030 and concerted effort is needed to unlock the critical, transformative technologies these sectors need,” according to the report, headed by former Origin Energy Ltd. Managing Director Grant King.The King report’s recommendations “align with the government’s technology-based approach to reducing emissions,” Energy Minister Angus Taylor said in a statement. He will support a proposal to award credits to big facilities for adopting low-emissions technology, which could then be used to meet their climate obligations under the government’s so-called “safeguard mechanism.” That system sets a target limit for a facility’s emissions, above which it must purchase abatement.Under Taylor’s proposal, carbon capture and storage projects would be eligible for carbon credits, in a move welcomed by the Australian Petroleum Production & Exploration Association, an industry lobby group. It was also hailed by Santos Ltd., which is developing a CCS program in South Australia backed by Occidental Petroleum Corp. and BP Plc. Meanwhile, Chevron has ploughed billions of dollars into a carbon sequestration project at its Gorgon LNG plant, which started operation in August after several years of delay.“Australia needs low-cost, large-scale abatement to maintain our position as a leading energy exporter and manufacturer of energy-intensive materials such as steel and cement, as well as to enable new industries such as hydrogen,” Santos Chief Executive Officer Kevin Gallagher said in a statement. “CCS can facilitate the fastest route to a hydrogen fueled economy.”Climate groups said the proposal was too soft on big emitters such as Chevron and Woodside, whose giant liquefied natural gas facilities in Western Australia put them both in the country’s top 10 polluters. The government was wasting taxpayer money on unproven CCS technology, said Richie Merzian, climate & energy director at the Australia Institute think tank.“Many other industrialized countries are using stimulus programs for the dual benefit of climate action, while Australia is still missing even the most basic climate and energy policy,” he said. “This review is just tinkering on the margins of addressing Australia’s deep and dangerous fossil fuel reliance.”Read: The $30 Billion Fight to Fuel Australia’s Post-Covid EconomyThe report’s proposal for the government to give carbon credits to Australia’s biggest polluters to stay below legally required pollution limits is like paying drivers to stay under the speed limit, the Australian Conservation Foundation said in a statement.“Asking a former oil industry executive to review the national climate policy is like asking a fox to review the design of the chook house,” ACF climate campaigner Suzanne Harter said. “Australia has virtually no effective climate policy and no pathway to achieve net zero by 2050, which is required if we want to keep this a liveable continent for coming generations.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Is Woodside Petroleum Ltd (ASX:WPL) Excessively Paying Its CEO?
    Simply Wall St.

    Is Woodside Petroleum Ltd (ASX:WPL) Excessively Paying Its CEO?

    Peter Coleman has been the CEO of Woodside Petroleum Ltd (ASX:WPL) since 2011. First, this article will compare CEO...

  • We Wouldn't Be Too Quick To Buy Woodside Petroleum Ltd (ASX:WPL) Before It Goes Ex-Dividend
    Simply Wall St.

    We Wouldn't Be Too Quick To Buy Woodside Petroleum Ltd (ASX:WPL) Before It Goes Ex-Dividend

    Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Woodside...

  • Is Woodside Petroleum Ltd (ASX:WPL) Struggling With Its 6.7% Return On Capital Employed?
    Simply Wall St.

    Is Woodside Petroleum Ltd (ASX:WPL) Struggling With Its 6.7% Return On Capital Employed?

    Today we are going to look at Woodside Petroleum Ltd (ASX:WPL) to see whether it might be an attractive investment...

  • Don't Sell Woodside Petroleum Ltd (ASX:WPL) Before You Read This
    Simply Wall St.

    Don't Sell Woodside Petroleum Ltd (ASX:WPL) Before You Read This

    This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll show...

  • We Think Woodside Petroleum (ASX:WPL) Can Stay On Top Of Its Debt
    Simply Wall St.

    We Think Woodside Petroleum (ASX:WPL) Can Stay On Top Of Its Debt

    Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

  • Do Directors Own Woodside Petroleum Ltd (ASX:WPL) Shares?
    Simply Wall St.

    Do Directors Own Woodside Petroleum Ltd (ASX:WPL) Shares?

    If you want to know who really controls Woodside Petroleum Ltd (ASX:WPL), then you'll have to look at the makeup of...

  • Should You Be Worried About Woodside Petroleum Ltd's (ASX:WPL) 7.3% Return On Equity?
    Simply Wall St.

    Should You Be Worried About Woodside Petroleum Ltd's (ASX:WPL) 7.3% Return On Equity?

    One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...

  • Why You Should Leave Woodside Petroleum Ltd (ASX:WPL)'s Upcoming Dividend On The Shelf
    Simply Wall St.

    Why You Should Leave Woodside Petroleum Ltd (ASX:WPL)'s Upcoming Dividend On The Shelf

    Readers hoping to buy Woodside Petroleum Ltd (ASX:WPL) for its dividend will need to make their move shortly, as the...

  • Woodside Petroleum Ltd (ASX:WPL): Will The Growth Last?
    Simply Wall St.

    Woodside Petroleum Ltd (ASX:WPL): Will The Growth Last?

    Looking at Woodside Petroleum Ltd's (ASX:WPL) earnings update on 30 June 2019, analysts seem cautiously optimistic...

  • Have Insiders Been Selling Woodside Petroleum Ltd (ASX:WPL) Shares?
    Simply Wall St.

    Have Insiders Been Selling Woodside Petroleum Ltd (ASX:WPL) Shares?

    It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...

  • Why We Think Woodside Petroleum Ltd (ASX:WPL) Could Be Worth Looking At
    Simply Wall St.

    Why We Think Woodside Petroleum Ltd (ASX:WPL) Could Be Worth Looking At

    I've been keeping an eye on Woodside Petroleum Ltd (ASX:WPL) because I'm attracted to its fundamentals. Looking at the...

  • Can You Imagine How Woodside Petroleum's (ASX:WPL) Shareholders Feel About The 36% Share Price Increase?
    Simply Wall St.

    Can You Imagine How Woodside Petroleum's (ASX:WPL) Shareholders Feel About The 36% Share Price Increase?

    By buying an index fund, investors can approximate the average market return. But if you buy good businesses at...

  • Is Woodside Petroleum Ltd's (ASX:WPL) CEO Paid Enough Relative To Peers?
    Simply Wall St.

    Is Woodside Petroleum Ltd's (ASX:WPL) CEO Paid Enough Relative To Peers?

    Peter Coleman became the CEO of Woodside Petroleum Ltd (ASX:WPL) in 2011. First, this article will compare CEO...

  • Is Woodside Petroleum Ltd (ASX:WPL) A Strong Dividend Stock?
    Simply Wall St.

    Is Woodside Petroleum Ltd (ASX:WPL) A Strong Dividend Stock?

    Could Woodside Petroleum Ltd (ASX:WPL) be an attractive dividend share to own for the long haul? Investors are often...