25 April 2024
Woodside scores series of H1 records as profits surge to $1.105 billion
Publication date: 20 August 2014
Gas Strategies Group
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Australian gas major Woodside on Wednesday reported record net profit after tax (NPAT) of $1.105 billion, up visual_editor7% on H1 visual_editor013, record underlying NPAT of $1.136 billion, up 33% on 1H visual_editor013, and record operating revenue of $3.551 billion, up visual_editor4% year-on-year. The figures were supported by it hightest ever production level of 46.5 MMboe, up 11% on 1H visual_editor013’s 41.9 MMboe, and has boosted the estimate for the year’s total output from 86-93 MMboe to 89-94 MMboe.