Highlights from Woodside Energy Group Ltd (WOPEF) H1 2025 Earnings Call: Robust Profits and More

Financial Performance: Woodside Energy Group Ltd reported a net profit after tax exceeding $1.3 billion, with production levels at 548,000 barrels of oil equivalent per day.

Dividends and Liquidity: The company declared a fully franked interim dividend of USD 0.53 per share and maintained a strong liquidity position of $8.4 billion, with gearing within the target range.

Project Developments: Woodside approved the final investment decision on the Louisiana LNG project but faces challenges in securing federal approvals for the Northwest shelf extension and delays in other projects.

Cost Management: Unit production costs were reduced by 7% to $7.70 per barrel due to strong production from Sangamar and ongoing cost reduction efforts across the business.