Woodside Energy Group Ltd (NYSE:WDS) Receives Consensus Rating of "Moderate Buy" from Analysts

Shares of Woodside Energy Group Ltd (NYSE:WDS - Get Free Report) have earned an average rating of "Moderate Buy" from the six ratings firms that are presently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company.

Several equities analysts have recently commented on the company. Citigroup upgraded Woodside Energy Group from a "sell" rating to a "neutral" rating in a research report on Tuesday. Bank of America upgraded Woodside Energy Group from a "neutral" rating to a "buy" rating in a research report on Wednesday, January 29th.

Woodside Energy Group Price Performance

Shares of Woodside Energy Group stock traded down $0.15 during trading on Friday, hitting $15.36. 655,335 shares of the stock traded hands, compared to its average volume of 799,790. The company has a quick ratio of 1.09, a current ratio of 1.24 and a debt-to-equity ratio of 0.13. The stock has a market cap of $29.16 billion, a price-to-earnings ratio of 18.73 and a beta of 1.09. The firm's fifty day moving average is $15.50 and its 200-day moving average is $16.15. Woodside Energy Group has a 52 week low of $14.34 and a 52 week high of $20.30.

Woodside Energy Group Cuts Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th will be issued a $0.51 dividend. This represents a yield of 7.6%. The ex-dividend date is Friday, March 7th. Woodside Energy Group's dividend payout ratio (DPR) is currently 163.41%.

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Institutional Investors Weigh In On Woodside Energy Group

Institutional investors and hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC lifted its holdings in Woodside Energy Group by 43.6% in the 4th quarter. GAMMA Investing LLC now owns 2,176 shares of the company's stock worth $34,000 after buying an additional 661 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Woodside Energy Group by 12.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 140,660 shares of the company's stock valued at $2,425,000 after purchasing an additional 16,118 shares during the period. Sanctuary Advisors LLC lifted its stake in shares of Woodside Energy Group by 100.2% in the 3rd quarter. Sanctuary Advisors LLC now owns 79,715 shares of the company's stock valued at $1,303,000 after purchasing an additional 39,905 shares during the period. Confluence Investment Management LLC lifted its stake in shares of Woodside Energy Group by 16.2% in the 4th quarter. Confluence Investment Management LLC now owns 24,363 shares of the company's stock valued at $380,000 after purchasing an additional 3,400 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its stake in shares of Woodside Energy Group by 23.9% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 12,560 shares of the company's stock valued at $198,000 after purchasing an additional 2,425 shares during the period. Hedge funds and other institutional investors own 3.17% of the company's stock.

Woodside Energy Group Company Profile

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.