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Woodside Energy Group (LON:WDS) Hits New 52-Week Low - Here's Why

Woodside Energy Group logo with Energy background

Woodside Energy Group Ltd (LON:WDS - Get Free Report)'s share price reached a new 52-week low on Wednesday . The company traded as low as GBX 1,175 ($15.30) and last traded at GBX 1,182 ($15.39), with a volume of 213409 shares. The stock had previously closed at GBX 1,200 ($15.62).

Woodside Energy Group Stock Performance

The business's fifty day moving average price is GBX 1,275.35 and its two-hundred day moving average price is GBX 1,375.66. The stock has a market capitalization of £22.61 billion, a P/E ratio of 1,608.11 and a beta of 0.74.

Woodside Energy Group Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, October 3rd. Investors of record on Thursday, September 5th were issued a dividend of $0.69 per share. This represents a yield of 3.92%. This is an increase from Woodside Energy Group's previous dividend of $0.60. The ex-dividend date was Thursday, September 5th. Woodside Energy Group's dividend payout ratio is presently 13,378.38%.

About Woodside Energy Group

(Get Free Report)

Woodside Energy Group Ltd engages in the exploration, evaluation, development, production, and marketing of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe. The company produces liquefied natural gas, pipeline gas, crude oil and condensate, and natural gas liquids. It holds interests in the Pluto LNG, North West Shelf, Wheatstone and Julimar-Brunello, Bass Strait, Ngujima-Yin FPSO, Okha FPSO, Pyrenees FPSO, Macedon, Shenzi, Mad dog, Greater Angostura, as well as Scarborough, Sangomar, Trion, Calypso, Browse, Liard, Atlantis, Woodside Solar opportunity, and Sunrise and Troubadour.

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