- Joined
- 3 July 2009
- Posts
- 27,047
- Reactions
- 23,587
My guess is, the political overhang on exploration, will soon be resolved also.
WDS - Woodside Energy Group
- Thread starter markrmau
- Start date
Furthermore, WDS lists and begins trading in the US next Monday - correct ?
- Joined
- 20 July 2021
- Posts
- 10,978
- Reactions
- 15,244
no guesses here , however i did hear much earlier in the piece , the BHP Petroleum arm did bring in a fair bit of revenue for BHP , BUT one might ask if the resources were declining and new exploration and development needed , so am wondering how much will go into capex
Dona Ferentes
A little bit OC⚡DC
- Joined
- 11 January 2016
- Posts
- 15,087
- Reactions
- 20,474
Tonight .... Trading of Woodside American Depositary Shares on the New York Stock Exchange is expected to commence on 02 June 2022. Trading of Woodside shares on the Main Market for listed securities of the London Stock Exchange is expected to commence on 06 June 2022.
bigdog
Retired many years ago
- Joined
- 19 July 2006
- Posts
- 8,124
- Reactions
- 5,474
Noted WPL Woodside have changed today to WDS WOODSIDE ENERGY
My 2000 WPL shares and are now 2549 WDS shares!
Can someone please explain what happened?
Do I divide the $ cost of my 2000 WPL shares by WDS 2549 shares?
My BHP shares and the quantity have remained the same today
Getting older
My 2000 WPL shares and are now 2549 WDS shares!
Can someone please explain what happened?
Do I divide the $ cost of my 2000 WPL shares by WDS 2549 shares?
My BHP shares and the quantity have remained the same today
Getting older
Dona Ferentes
A little bit OC⚡DC
- Joined
- 11 January 2016
- Posts
- 15,087
- Reactions
- 20,474
you received 549 WDS shares that were BHPP, the petroleum arm.
Quick guess... you have about 3038 BHP shares
(Statement will explain it all .... )
Me, too. Getting older and lazier, that is.
Hoping I'll get some paperwork in the mail, soon from Woodside and BHP as I don't relish trying to work out my new cost-base, myself.
bigdog
Retired many years ago
- Joined
- 19 July 2006
- Posts
- 8,124
- Reactions
- 5,474
Dona, thank you
Close guess 3040 BHP
Do I divide the $ cost of my 2000 WPL shares by WDS 2549 shares?
Value Collector
Have courage, and be kind.
- Joined
- 13 January 2014
- Posts
- 12,014
- Reactions
- 8,289
Their stated minimum payout policy is 50% of NPAT.
What the actual dividend is depends on the price of oil and gas.
One thing with having a minimum payout policy is that it can create large fluctuations in dividends, because when the profit is small they will pay out the minimum 50% and retain the rest to cover the new projects, but when prices are high the profit spikes and they may pay out 80% of a much larger profit, making the dividend suddenly look huge.
Eg.
If profit was $0.50 per share, they will probably pay out the minimum of 50% which is $0.25, because they need the other $0.25 for development.
But if profit spiked to $1.20 they would probably decide to pay of 80% which is $0.96, because they only need to keep around $0.25 for development.
What I am trying to show is that doubling profit can triple or quadruple the dividend.
So dividends will be very good in the good years and much lower in the bad years.
Thanks @Value Collector for your thorough explanation as it makes sense.
Guessing then given current record high oil & gas prices that it should be a bumper profit as a result & likely increased dividend to come imo
Cheers tela
Garpal Gumnut
Ross Island Hotel
- Joined
- 2 January 2006
- Posts
- 13,344
- Reactions
- 9,450
I very nearly sold my parcel of WDS which appeared on my Commsec from BHP near the close today at $31.78.
I sold out of WPL a few weeks ago and am sticking majorly with STO.
I'm not buying so don't need the cash. If it goes up crazy I'll sell, otherwise await dives.
Decisions.
gg
I sold out of WPL a few weeks ago and am sticking majorly with STO.
I'm not buying so don't need the cash. If it goes up crazy I'll sell, otherwise await dives.
Decisions.
gg
Value Collector
Have courage, and be kind.
- Joined
- 13 January 2014
- Posts
- 12,014
- Reactions
- 8,289
Guessing then given current record high oil & gas prices that it should be a bumper profit as a result & likely increased dividend to come imo
Cheers tela
Yep, The Last Dividend in February was $1.46, while FEB 2021 was only $0.15, and FEB 2020 was $0.86.
So you can see the low oil price during covid really smashed the dividend, while the higher oil price has caused a decent jump, the next dividend should be even better, unless there is some anomaly because of the merger.
Last edited:
For several weeks now, hedge funds have been doing exactly that.
Shorting Woodside and loading up on Santos.( Beats me how they do it without it showing up in the daily volumes, though) Someone here will know.
- Joined
- 20 July 2021
- Posts
- 10,978
- Reactions
- 15,244
dark pools just like HFTs one of those modern innovations in the markets
WDS focussed on unlocking $400M+ in pre-tax annual synergies
www.marketindex.com.au
A merged Woodside is now a top-ten global player
A merged Woodside entity is targeting $400m in synergies
www.marketindex.com.au
Garpal Gumnut
Ross Island Hotel
- Joined
- 2 January 2006
- Posts
- 13,344
- Reactions
- 9,450
Yes. Achievable, though it is probably already priced in.WDS focussed on unlocking $400M+ in pre-tax annual synergies
A merged Woodside is now a top-ten global player
A merged Woodside entity is targeting $400m in synergies
The SP I believe will be determined for some time by the whatifery and hullabaloo in Europe, by the Russians, US and Saudi negotiations on Oil movements and production.
gg
Dona Ferentes
A little bit OC⚡DC
- Joined
- 11 January 2016
- Posts
- 15,087
- Reactions
- 20,474
The savings were visible in April, so yep, I would think so.
The benefit for WDS is the spot LNG which is soaring.
