ASX Share rice
Sat 15 Aug 2020 - 03:45:am (Sydney)

WPL Share Price

WOODSIDE PETROLEUM LTDWPLEnergy

WPL Company Information

Name:

Woodside Petroleum Ltd

Sector:

Energy

Industry:

Oil & Gas E&P

GIC Industry:

Oil, Gas & Consumable Fuels

GIC Sub Industry:

Oil & Gas Exploration & Production

Address:

Mia Yellagonga Perth Australia 6000

Phone:

61 8 9348 4000

Full Time Employees:

3834

CEO, MD & Exec. Director:

Mr. Peter John Coleman M.B.A., B.E., BEng, MBA, FATSE

Exec. VP & CFO:

Ms. Sherry Leigh Duhe

Exec. VP of Sustainability & CTO:

Mr. Shaun Gregory B.Sc., BSc (Hons), MBT

Exec. VP of Devel.:

Ms. Meg O'Neill B.Sc., M.Sc.

Exec. VP of Devel.:

Dr. Robert Edwardes B.Sc., BSc (Eng), Ph.D.

Company Overview:

Woodside Petroleum Ltd engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons in Oceania, Asia, Canada, Africa, and internationally. The company produces liquefied natural gas, pipeline natural gas, condensate, liquefied petroleum gas, and crude oil. It holds interests in the Greater Browse, Greater Sunrise, Greater Pluto, Greater Exmouth, North West Shelf, Wheatstone, Canada, Senegal, Greater Scarborough, and Myanmar projects. The company was founded in 1954 and is headquartered in Perth, Australia.

WPL Share Price Information

Shares Issued:

0.95B

Market Capitalisation:

$19.52B

Dividend per Share:

$1.36

Ex Dividend Date:

2020-02-24

Dividend Yield:

6.65%

Revenue (TTM):

$4.87B

Revenue Per Share (TTM):

$5.21

Earnings per Share:

$0.367

Profit Margin:

0.0704

Operating Margin (TTM):

$0.19

Return On Assets (TTM):

$0.02

Return On Equity (TTM):

$0.02

Quarterly Revenue Growth (YOY):

-0.084

Gross Profit(TTM):

$2.15B

Diluted Earnings Per Share (TTM):

$0.367

QuarterlyEarnings Growth(YOY):

-0.248

WPL CashFlow Statement

CashFlow Date:

2019-12-31

Investments:

$-1,767,056,808.45

Change To Liabilities:

$-11,000,000

Total Cashflow From Investing Activities:

$-1,238,000,000

Net Borrowings:

$1.58B

Net Income:

$489.58M

Total Cash From Operating Activities:

$3.31B

Depreciation:

$2.47B

Other Cashflow From Investing Activities:

$-37,000,000

Dividends Paid:

$-1,515,843,562.66

Change To Inventory:

$-21,000,000

Change To Account Receivables:

$118M

Capital Expenditures:

$1.73B

WPL Income Statement

Income Date:

2019-12-31

Income Before Tax:

$1.23B

Net Income:

$489.58M

Gross Profit:

$5.49B

Operating Income:

$2.61B

Other Operating Expenses:

$145M

Interest Expense:

$329.72M

Income Tax Expense:

$480M

Total Revenue:

$7.14B

Total Operating Expenses:

$2.89B

Cost Of Revenue:

$1.65B

WPL Balance Sheet

Balance Sheet Date:

2019-12-31

Total Liabilities:

$17.05B

Total Stockholder Equity:

$23.72B

Other Current Liabilities:

$48.53M

Total Assets:

$41.90B

Common Stock:

$9.01B

Other Current Assets:

$59.95M

Retained Earnings:

$9.50B

Other Liabilities:

$4.11B

Other Assets:

$1.44B

Cash:

$5.79B

Total Current Liabilities:

$1.61B

Short-Term Debt:

$127.03M

Property - Plant & Equipment:

$23.23B

Net Tangible Assets:

$16.62B

Long-Term Investments:

$49.96M

Total Current Assets:

$6.63B

Long-Term Debt:

$8.02B

Net Receivables:

$296.89M

Short-Term Investments:

$35.26B

Inventory:

$251.21M

Accounts Payable:

$319.73M

Non Currrent Assets (Other):

$29.97M

Short-Term Investments:

$35.26

Non Current Liabilities (Other):

$65.66M

Non Current Liabilities Total:

$15.43B

WPL Share Price History

WPL News

04 Aug, 2020
Australian shares rose 2% on Tuesday to notch their best intraday session in two weeks after a tech-led overnight rally on Wall Street and strong manufacturing data from leading economies bolstered risk appetite. The tech-heavy Nasdaq Composite finished at an all-time high overnight as U.S. tech giant Microsoft Corp's pursuit of Chinese-owned TikTok's U.S. operations lifted sentiment. Investors also placed bets on further U.S. stimulus as Congressional Democrats and White House negotiators said they had made progress in discussions over a coronavirus relief bill.
30 Jul, 2020
(Bloomberg Opinion) -- In folklore, the will-o’-the-wisp is a spirit that lives in marshlands, beckoning night-time travelers with its mysterious light until they stumble in darkness to their demise.The phenomenon is thought to be caused by igniting swamp methane, so it’s oddly appropriate that one of the world’s largest exporters of such fossil gas seems intent on pursuing that industry to its own destruction. An Australian task force on helping the manufacturing industry recover from Covid-19 will recommend subsidies for gas infrastructure and bringing in the government as a guaranteed buyer if commercial customers don’t show sufficient demand, the Sydney Morning Herald and Age newspapers reported Wednesday.That’s an extraordinarily bad idea. Australia’s determination to use taxpayer funds to bring uncommercial gas projects online has helped swell a glut of methane in the seaborne trade over the past decade as operators including Chevron Corp., Santos Ltd., Origin Energy Ltd., Royal Dutch Shell Plc, and Woodside Petroleum Ltd. built plants capable of exporting more than 100 billion cubic meters a year. That oversupply has pushed spot prices for Asian liquefied natural gas as low as $2 per million British thermal units this year, an 80% drop on levels that prevailed a decade ago. Despite its own surging exports, that hasn’t been a win for Australia.While exports of oil and LNG now total around A$60 billion ($43 billion) a year, an immense tax offset granted to builders of export facilities worth nearly a quarter of a trillion dollars has ensured that revenues from petroleum taxes average little more than A$1 billion annually. Qatar, which is still marginally ahead as the world’s biggest LNG exporter, has built an entire economy on petroleum royalties. Australia, on the other hand, makes more than twice as much from beer excise tax.The building of the current crop of export facilities sparked a jobs boom nearly a decade ago, but that dissipated once construction ceased. Employment in oil and gas production now totals about 20,500 people. Bookings agent Flight Centre Travel Group Ltd. has a workforce about the same size as Australia’s entire upstream petroleum industry.To be sure, oil and gas extraction is now a significant sector, accounting for about A$44 billion of gross value added per year. Still, the 2.3% of gross domestic product looks like a poor return on the decades of industrial policy that were needed to develop it.The current push for further subsidies is likely to make a bad problem worse. It’s a priority for a manufacturing task force because the previous gas projects on the populous east coast were designed entirely for export, starving industry of the artificially cheap fuel that some countries (and the remote state of Western Australia) reserve for domestic use.But Australia’s industrial sector is never going to be a powerhouse worthy of such interventions. Labor costs are too high and its location too remote from global supply chains for the country to be a significant player in large-scale complex manufacturing, as demonstrated by the collapse of its car industry over the past decade.Any set-aside gas generated as a result of the proposed policies is most likely to end up used in low-value applications like explosives and fertilizer. Together. these account for just a percentage point or so of goods exports, which don’t include major services exports such as tourism and education. At a time when the European Union and Joe Biden’s presidential campaign are looking at imposing tariffs or quotas on carbon-intensive imports, the idea that gas-fired manufacturing will lead to a renaissance of Australian industry seems delusional.The ultimate problem is that from the perspective of global petroleum companies, Australia’s relatively high costs put its potential projects outside the range of viable investments — and that field is already narrowing, thanks to the recent collapse in oil prices and rise of electrified transport.Only government spending and tax shields are capable of shifting Australian projects far enough down the cost curve to make sense, but that means that they’ll always be marginal and dependent on ongoing support. A typical 30-year gas project starting development in 2020 would face challenges to getting financed in a world that hopes to eliminate carbon emissions by 2050, but plenty of projects still manage. Indeed, the 96 billion cubic meters of new LNG capacity signed off last year was a record.Investors are quite capable of finding the rare fossil fuel projects that are strong enough to make a return in a de-carbonizing world. The trouble is, it’s not seeing them in Australia. Rather than using taxpayer money to put its thumb on those scales, Australia would be better stepping back and letting the market decide.This 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/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
24 Jun, 2020
The gas industry sees no change to the strong long-run outlook for demand following the COVID-19 crisis, but expects a supply shortfall in the next four years as the pandemic lockdowns and oil price collapse lead to delays on gas projects. "We see the need for substantial investment in new projects and new liquefaction," Exxon Mobil Corp's Australia Chairman Nathan Fay said at Credit Suisse's annual Australian Energy Conference.
Australian listed oil and gas company FAR Ltd said on Wednesday its unit had defaulted on its obligations to the Sangomar joint venture project in Senegal while the company looks to save cash and sell its interest in the project. Sangomar, operated by Australia's Woodside Petroleum , has been a pain-point for FAR in recent months after the company failed to secure debt to fund it, following a plunge in global oil prices amid the coronavirus pandemic. FAR said it was still considering selling all or part of its interest in the project, adding that it would forfeit its interest without compensation if obligations were not fulfilled within six months.
23 Jun, 2020
Woodside Petroleum's Chief Executive Peter Coleman said the Australian firm aims to play a decisive role in Chevron Corp's plan to sell a stake in the North West Shelf (NWS) project, operated and co-owned by Woodside. Chevron last week put its one-sixth stake up for sale in Australia's oldest and biggest liquefied natural gas (LNG) project. Woodside has a pre-emptive right to match any offer for a stake in what Coleman called his firm's crown jewel.
21 May, 2020
Today we'll look at Woodside Petroleum Ltd (ASX:WPL) and reflect on its potential as an investment. Specifically...
14 May, 2020
A slump in energy prices that has led to the deferral of liquefied natural gas (LNG) projects around the world is set to be an unexpected boon for some producers trying to kickstart new ventures in gas-rich western Australia. Offshore and onshore projects led by Woodside Petroleum , Chevron Corp and Japan's Mitsui are in the mix to plug a looming supply gap at North West Shelf, Australia's oldest and biggest gas export plant. The shortfall follows a decision in March to put the giant offshore Browse gas project on ice after its owners, led by Woodside, balked at the $20 billion price tag to develop the field amid a slump in LNG prices to record lows.
08 May, 2020
Asian spot liquefied natural gas (LNG) prices recovered a little this week as demand appeared to improve amid the easing of coronavirus lockdowns in a few countries, trade sources said. The average LNG price for June delivery into northeast Asia rose to an estimated $2 per million British thermal units (mmBtu) this week, up 20 cents from the previous week, traders said. While lockdowns are easing in some markets, such as in China and South Korea, containment policies elsewhere are hampering their manufacturing exports and dragging on recoveries.
01 May, 2020
Woodside Petroleum is keeping a close eye out for assets that might come up for grabs from the oil supermajors amid the oil market rout, seeing itself in a position to bid, Chief Executive Peter Coleman said on Friday. "We are watching closely the super majors," Coleman told reporters on a conference call the day after Woodside's annual meeting. Woodside is partners with supermajors Exxon Mobil Corp, Royal Dutch Shell, BP Plc and Chevron Corp at LNG projects in Australia and Canada.
24 Apr, 2020
09:34
Yahoo! Finance
Any hopes that Asia's oil and gas industry would escape the worst of the Covid-19 shock evaporated last week as an unprecedented plunge in oil prices reverberated around the globe. Lenders in Asia are hurriedly reassessing their exposure after US oil prices turned negative for the first time in history and more signs emerged of stress in the corporate sector. Chinese oil refiner Shandong Qingyuan Group has asked banks to defer the first principal payment on a US$955m three-year loan by a year to June 2021.
09 Apr, 2020
The average LNG price for May delivery into northeast Asia rose by 10 cents to an estimated $2.40 per million British thermal units (mmBtu) this week, several traders said. Prices for cargoes delivered in June are estimated to be around $2.50 per mmBtu, they added. Four LNG tankers carrying U.S. LNG are on their way to China after Beijing started granting tax waivers to some importers, trade sources said.
06 Apr, 2020
Peter Coleman has been the CEO of Woodside Petroleum Ltd (ASX:WPL) since 2011. First, this article will compare CEO...
03 Apr, 2020
Asian spot liquefied natural gas (LNG) prices fell to a record low this week as lower industrial output from countries which have restricted people's movement severely dented gas demand while supply remained ample. The average LNG price for May delivery into northeast Asia fell to an estimated $2.30 per million British thermal units (mmBtu) this week, down 50 cents, or nearly 20%, from the previous week to a record low, traders said. The previous low was in February when demand dropped in China, where the coronavirus first emerged, but prices later started edging higher after the fall stoked some buying interest.
31 Mar, 2020
Moody's Investors Service has affirmed the Baa1 issuer rating of Woodside Petroleum Ltd, and the (P)Baa1 rating on the backed senior unsecured medium-term note (MTN) program and Baa1 backed senior unsecured ratings of Woodside Finance Limited. At the same time, Moody's has changed the rating outlook to negative from stable.
27 Mar, 2020
Asian spot liquefied natural gas (LNG) prices crashed below $3 per million British thermal units (mmbtu) reversing three weeks of gains, after Indian buyers cancelled or diverted cargoes as a lockdown caused gas demand to slump. The average LNG price for May delivery into northeast Asia was estimated at about $2.80 per million British thermal units (mmBtu), down 70 cents, or 20% from the previous week, traders said.
19 Feb, 2020
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Woodside...
14 Feb, 2020
Full Year 2019 Woodside Petroleum Ltd Earnings Call
Woodside and FAR said on Friday an International Chamber of Commerce panel had ruled that FAR did not have a pre-emptive right to match the offer for the 35% stake in the Sangomar project that ConocoPhillips sold to Woodside in 2016 for just $350 million. FAR said it was reviewing the arbitration award.

WPL Dividend Payments

EX-Date Dividend Amount
2010-02-28$0.5500
2010-08-23$0.5634
2011-02-23$0.5450
2011-08-22$0.5244
2012-02-26$0.5096
2012-08-27$0.6310
2013-02-24$0.6353
2013-08-26$0.9277
2014-02-23$1.1494
2014-08-27$1.1887
2015-02-24$1.8436
2015-08-26$0.9208
2016-02-21$0.5988
2016-08-29$0.4499
2017-03-01$0.6483
2017-08-24$0.6114
2018-02-21$0.6261
2018-08-23$0.7280
2019-02-21$1.2706
2019-08-26$0.5324
2020-02-23$0.8313

WPL Dividends (last 11 Years)