Woodside Energy Group Ltd., previously known as Woodside Petroleum Ltd, has announced a 7% increase in its fourth-quarter production, reaching 51.4 million barrels of oil equivalent (Mmboe), compared to 48.1 Mmboe in the previous year. Sales volume for the same quarter rose to 53.8 Mmboe from 49.5 Mmboe. The company's quarterly revenue increased to $3.47 billion, up from $3.36 billion the year before.
For the fiscal year 2025, Woodside is projecting production levels between 186 Mmboe and 196 Mmboe, not including volumes from Beaumont New Ammonia. The company has set capital expenditure guidance for the full year at $4.5 billion to $5 billion. This estimate does not account for any asset sell-downs, future acquisitions, or other equity changes, nor does it include expenses related to Louisiana LNG.
