WPL.AX - Woodside Petroleum Ltd

ASX - ASX Delayed price. Currency in AUD
31.93
-0.19 (-0.59%)
At close: 4:10PM AEDT
Stock chart is not supported by your current browser
Previous close32.12
Open31.97
Bid31.80 x 0
Ask32.00 x 0
Day's range31.65 - 31.98
52-week range29.33 - 37.70
Volume3,236,922
Avg. volume3,111,443
Market cap29.891B
Beta (3Y monthly)1.38
PE ratio (TTM)24.04
EPS (TTM)1.33
Earnings date11 Feb 2019 - 15 Feb 2019
Forward dividend & yield1.80 (5.84%)
Ex-dividend date2019-08-26
1y target est27.09
  • Looking for great dividend shares? Think about these factors
    Motley Fool

    Looking for great dividend shares? Think about these factors

    Dividend shares are in high demand, but don’t get sucked in to the wrong share. The post Looking for great dividend shares? Think about these factors appeared first on Motley Fool Australia.

  • Santos share price up as it flags record production over “strong” Q3
    Motley Fool

    Santos share price up as it flags record production over “strong” Q3

    Santos Ltd (ASX: STO) will pay US$1.39 billion for ConocoPhillips' natural gas fields in northern Australia.The post Santos share price up as it flags record production over "strong" Q3 appeared first on Motley Fool Australia.

  • Woodside revenue flat on weak LNG prices
    Australian Associated Press

    Woodside revenue flat on weak LNG prices

    Woodside Petroleum has announced that third-quarter revenue was flat.

  • 5 things to watch on the ASX 200 on Thursday
    Motley Fool

    5 things to watch on the ASX 200 on Thursday

    Bank of Queensland Limited (ASX:BOQ), BHP Group Ltd (ASX:BHP), and Woodside Petroleum Limited (ASX:WPL) shares will be on watch on the ASX 200 index on Thursday...The post 5 things to watch on the ASX 200 on Thursday appeared first on Motley Fool Australia.

  • Worley’s share price jumps as it comes under takeover spotlight
    Motley Fool

    Worley’s share price jumps as it comes under takeover spotlight

    There’s nothing like a little takeover speculation to put a fire under an ASX stock. The Worleyparsons Limited (ASX: WOR) share price got a taste of this as attention shifted the fight between management and its largest shareholder.The post Worley’s share price jumps as it comes under takeover spotlight appeared first on Motley Fool Australia.

  • Meet the ASX sector set to jump on a double-tailwind this morning
    Motley Fool

    Meet the ASX sector set to jump on a double-tailwind this morning

    ASX oil and gas shares are poised to rally along with the broader S&P/ASX 200 (Index:^AXJO) (ASX:XJO) index this morning on news of a partial US-China trade deal and possible Brexit breakthrough. But there's another driver for the sector.The post Meet the ASX sector set to jump on a double-tailwind this morning appeared first on Motley Fool Australia.

  • 5 things to watch on the ASX 200 on Monday
    Motley Fool

    5 things to watch on the ASX 200 on Monday

    Beach Energy Ltd (ASX:BPT), Fisher & Paykel Healthcare Corp Ltd (ASX:FPH), and Newcrest Mining Limited (ASX:NCM) shares will be on watch on the ASX 200 index on Monday...The post 5 things to watch on the ASX 200 on Monday appeared first on Motley Fool Australia.

  • 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...

  • Is the Woodside Petroleum share price in the buy zone?
    Motley Fool

    Is the Woodside Petroleum share price in the buy zone?

    Could Woodside Petroleum Limited (ASX: WPL), a major ASX oil and gas company, be undervalued or just set to fall further in 2020?

  • 5 things to watch on the ASX 200 on Tuesday
    Motley Fool

    5 things to watch on the ASX 200 on Tuesday

    Commonwealth Bank of Australia (ASX:CBA), Newcrest Mining Limited (ASX:NCM), and TPG Telecom Ltd (ASX:TPM) shares will be on watch on the ASX 200 index on Tuesday...

  • Leading brokers name 3 ASX shares to buy today
    Motley Fool

    Leading brokers name 3 ASX shares to buy today

    News Corp (ASX:NWS) shares are one of three that leading brokers have just named as buys...

  • 5 things to watch on the ASX 200 on Wednesday
    Motley Fool

    5 things to watch on the ASX 200 on Wednesday

    Afterpay Touch Group Ltd (ASX:APT), Beach Energy Ltd (ASX:BPT), and Nearmap Ltd (ASX:NEA) shares will be on watch on the ASX 200 index on Wednesday...

  • How climate change is putting your retirement at risk
    Motley Fool

    How climate change is putting your retirement at risk

    Climate change might also be affecting our retirement returns. What can we do?

  • 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...

  • This Tiny Nation Should Beware China's Belt and Road
    Bloomberg

    This Tiny Nation Should Beware China's Belt and Road

    (Bloomberg Opinion) -- Given a sad history of exploitation by foreigners, the young democracy of Timor-Leste can hardly be blamed for being hell-bent on self-sufficiency. But its current drive to cement its independence risks squandering the faltering progress the country has made. If the government doesn’t tread carefully, a future of debt peonage to China beckons.Friday marks the 20th anniversary of the final dark episode in Timor-Leste’s 24-year occupation by Indonesia, which killed about 100,000 Timorese and came after centuries of colonial neglect by Portugal. On Aug. 30, 1999, a referendum delivered an overwhelming majority in favor of independence for the half-island also known as East Timor, but unleashed a wave of retaliation from Indonesian forces and militias that left more than 1,400 dead and destroyed public infrastructure.Australia, the most forthright defender of Timor-Leste in that period, turned around to betray its new neighbor five years later. During negotiations over how to divide the oil and gas reserves along the undersea boundary between the two nations, Canberra used the cover of a foreign aid project to install listening devices in the office of Timor-Leste’s prime minister and eavesdropped on negotiating tactics, thus winning a larger share of resources for itself.Timor-Leste has nonetheless managed to pick itself up. Gross domestic product per capita more than tripled in the first decade after formal independence in 2002, before slumping with oil prices in the years since. Infant mortality rates have been cut nearly in half, while secondary school enrollment has roughly doubled.More to the point, the nation’s mineral wealth has been managed with more foresight than is normally the case with poor, newly independent states.The country’s Petroleum Fund has assets of around $15.8 billion, equivalent to more than eight years’ worth of non-petroleum GDP. Relative to the size of the economy, that’s larger than the sovereign wealth funds of Saudi Arabia, Kuwait or Norway. Drawing on fund surpluses to finance budget deficits has left Timor-Leste with minimal levels of public debt. In terms of corruption, the country scores around the same levels as Brazil, Thailand and Colombia, and ahead of Vietnam – not a terrible result, given the circumstances.It’s not all so positive. Half of employment is in agriculture, mostly at subsistence levels, and the country struggles to feed itself. Levels of undernourishment have declined only slightly and remain among the world’s highest.Worse lies ahead. The Bayu-Undan offshore gasfield which has provided Timor-Leste’s petroleum wealth for the past few decades will run out by 2023. The Petroleum Fund will be exhausted a few years later, according to one 2014 study. Further revenues will depend on developing the nearby Greater Sunrise field – and there the problems of self-sufficiency become most apparent.Bayu-Undan’s gas was brought ashore in the Australian city of Darwin, but Timor-Leste’s government is determined that Greater Sunrise product will be processed at home as the heart of a major new industrial zone, known as Tasi Mane. For all the powerful nation-building symbolism and potential revenue from such a plant, Tasi Mane may never be viable – especially given the collapse in gas prices and extreme difficulty around the world in financing major new projects. Building a whole new facility on Timor-Leste’s coast will cost around $12 billion, according to a 2016 report, even making the dubious assumption that it’s physically possible to build a pipeline through the seismically unstable Timor Trough to get there. A far better option would be to hook into the ready-made export terminal in Darwin or use a floating LNG plant instead – but those have been ruled out by Timor-Leste’s government.“The Timorese leadership has thrown all their economic eggs in this one basket because it has limited other options,” said Bec Strating, an expert on the country at Melbourne’s La Trobe University, “but I’ve never met an oil or gas expert who thinks this is a workable project.”The original commercial partners in Greater Sunrise are voting with their feet. Timor-Leste spent $650 million over the past year buying ConocoPhillips and Royal Dutch Shell Plc out of the venture, leaving only Woodside Petroleum Ltd. and Osaka Gas Co. The former has been adamant it won’t put significant amounts into developing Tasi Mane. With commercial finance steering clear, the most likely option increasingly looks like China’s Belt and Road Initiative. National oil company Timor Gap earlier this year signed a $943 million construction contract with a unit of state-owned China Railway Construction Corp. Countries in the region “go where they can to obtain either grants or soft loans,” former Timorese President Jose Ramos-Horta said in an interview with SBS News last year. “And that, today, is China.”Such a prospect risks a tragic waste of Timor-Leste’s potential. The Belt and Road is already notorious for building costly bridges to nowhere that leave governments with little to show beyond hefty interest bills. China’s growing presence in the Indo-Pacific via the Belt and Road has raised concerns that military and strategic aims, rather than purely commercial logic, underlie many of the projects. A $500 million highway built for Tasi Mane by a Chinese consortium in recent years and a $120 million airport are looking like white elephants.Gas-export plants are in any case too narrow a base for a national economy, with just 350 local employees at the ConocoPhillips terminal in Darwin. More likely, the orgy of contracts that a multi-billion-dollar infrastructure project would kick off will offer a potent temptation for the sort of public corruption that Timor-Leste has so far mostly been spared. It’s understandable that this young country feels betrayed by its neighbors. Entering a new abusive relationship with Beijing isn’t likely to be the right way to secure its future.To contact the author of this story: David Fickling at dfickling@bloomberg.netTo contact the editor responsible for this story: Patrick McDowell at pmcdowell10@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.David Fickling is a Bloomberg Opinion columnist covering commodities, as well as industrial and consumer companies. He has been a reporter for Bloomberg News, Dow Jones, the Wall Street Journal, the Financial Times and the Guardian.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • 2 ASX value stocks I’m watching this week
    Motley Fool

    2 ASX value stocks I’m watching this week

    Woodside Petroleum Ltd (ASX: WPL) is one of my ASX value picks this week

  • Results: MMA Offshore earnings rise 50%
    Motley Fool

    Results: MMA Offshore earnings rise 50%

    The MMA Offshore Ltd (ASX: MRM) share price has opened flat today after the company posted its results for the 2019 financial year.

  • 5 things to watch on the ASX 200 on Friday
    Motley Fool

    5 things to watch on the ASX 200 on Friday

    Costa Group Holdings Ltd (ASX:CGC), Santos Ltd (ASX:STO), and Wesfarmers Ltd (ASX:WES) shares will be on watch on the ASX 200 index on Friday. Here's what you need to know...

  • 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...