Woodside Energy Reports Q4 Production Decline
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
0mins
Source: NASDAQ.COM
- Production Decline: Woodside Energy's Q4 production decreased to 48.9 million barrels of oil equivalent (MMboe), down approximately 5% from 51.4 MMboe last year, indicating challenges in operational efficiency.
- Sales Decrease: The quarter's sales volume was 52.4 MMboe, a 3% decline from 54.1 MMboe in the previous year, reflecting weakened market demand and potential adjustments in sales strategies.
- Revenue Drop: Q4 revenue fell to $3.035 billion, down 13% from $3.484 billion year-over-year, putting pressure on the company's financial health and potentially impacting future investment decisions.
- Future Outlook: The company anticipates its first LNG from the Scarborough project in Q4 2026, with a production guidance of 172-186 MMboe for 2026, factoring in planned downtime at Pluto, highlighting strategic expansion efforts despite current challenges.
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Analyst Views on WDS
Wall Street analysts forecast WDS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WDS is 26.00 USD with a low forecast of 26.00 USD and a high forecast of 26.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 17.420
Low
26.00
Averages
26.00
High
26.00
Current: 17.420
Low
26.00
Averages
26.00
High
26.00
About WDS
Woodside Energy Group Ltd is a global energy company. Its segments include Australia, International and Marketing. The Australia segment is engaged in the exploration, evaluation, development, production and sale of liquefied natural gas, pipeline gas, crude oil and condensate and natural gas liquids in Australia. International segment is engaged in the exploration, evaluation, development, production and sale of pipeline gas, crude oil and condensate and natural gas liquids in international jurisdictions outside of Australia. Marketing segment is engaged in the marketing, shipping and trading of its oil and gas portfolio. Its projects include Pluto LNG, the North West Shelf Project, Macedon, Sangomar, the lower carbon ammonia project in Texas, and others. It holds an interest in Woodside Louisiana LNG, which is an under-construction LNG production and export terminal in Calcasieu Parish, Louisiana. The Sangomar, containing both oil and gas, is located 100 kilometers south of Dakar.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Woodside Energy Achieves Record Production in 2025
- Record Annual Production: Woodside Energy achieved a record annual production of 198.8 million barrels of oil equivalent in 2025, exceeding its production guidance, which is expected to enhance its market share in the oil and gas sector.
- Quarterly Production Fluctuations: The fourth quarter production was 48.9 million barrels of oil equivalent, down 4% from Q3, primarily driven by seasonal weather impacts and reduced demand on the Australian east coast, which may affect revenue stability in the short term.
- Project Progress: The Scarborough Energy Project is 94% complete and on track for first LNG delivery in Q4 2026, indicating the company's ongoing advancement in key growth projects and enhancing future revenue expectations.
- Strategic Partnerships and Leadership Changes: Woodside completed a strategic partnership with Williams, selling a 10% interest in Louisiana LNG, and appointed Liz Westcott as Acting CEO, ensuring stable operations and strategic execution during the transition period.
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Woodside Energy Q4 Revenue Declines 12.6% Amid Seasonal Challenges
- Quarterly Revenue Performance: Woodside Energy reported Q4 revenue of $3.04 billion, a 12.6% year-over-year decline primarily due to seasonal weather impacts and reduced demand on Australia's east coast, indicating vulnerability amid market fluctuations.
- Production Capacity Exceeds Expectations: The company achieved a record full-year production of 198.8 million barrels of oil equivalent (MMboe), averaging 545 MMboe/d, surpassing its 2025 production guidance, demonstrating strong performance in resource development.
- Asset Reliability Improvement: Reliability at the Sangomar and Shenzi oil fields reached 99.2% and 98%, respectively, while Pluto LNG and North West Shelf projects achieved 100% and 99.8% reliability for two consecutive quarters, showcasing excellence in operational management.
- Future Outlook: The 2026 production guidance is set at 172-186 MMboe, reflecting a major turnaround at Pluto LNG, and despite challenges, the company remains committed to achieving first LNG delivery from the Scarborough project.
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