Woodside Energy Group HY Profit Rises

(RTTNews) - Woodside Energy Group reported net profit after tax of US$1.937 billion in the first half of 2024 up from US$1.740 billion in the prior year.

But underlying net profit after tax was US$1.632 billion, down 14% on the corresponding period in 2023.

Operating revenues for the period declined to US$5.99 billion from US$7.40 billion in the prior year.

The directors have determined a fully franked interim dividend of 69 US cents per share, representing approximately 80% payout ratio of underlying net profit after tax.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.