WDS - Woodside Energy Group

[sptrawler]

and now that's not hanging over the market ! No more discounted stock around to confuse things. Onward and upward.

My guess is, the political overhang on exploration, will soon be resolved also.

 

[Telamelo]

and now that's not hanging over the market ! No more discounted stock around to confuse things. Onward and upward.

Furthermore, WDS lists and begins trading in the US next Monday - correct ?

 

[Telamelo]

Any idea/guess as to what amount next upcoming dividend could be ? word going around to be between $2-$3 possibly ?

 

[divs4ever]

Any idea/guess as to what amount next upcoming dividend could be ? word going around to be between $2-$3 possibly ?

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]

WDS lists and begins trading in the US next Monday ?

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]

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

 

[Dona Ferentes]

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

you received 549 WDS shares that were BHPP, the petroleum arm.

Quick guess... you have about 3038 BHP shares

(Statement will explain it all .... )

 

[dyna]

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

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]

you received 549 WDS shares that were BHPP, the petroleum arm.

Quick guess... you have about 3038 BHP shares

(Statement will explain it all .... )

Dona, thank you

Close guess 3040 BHP

Do I divide the $ cost of my 2000 WPL shares by WDS 2549 shares?

 

[Value Collector]

What sort of dividends can we expect from the combined unit? Do they have a policy of a certain % of profits, or playing it by ear? They are going to make a motza this year.

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.

 

[Telamelo]

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]

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

 

[Value Collector]

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.

 

[Telamelo]

Oil/Gas up again overnight

WDS on NYSE up +7.98% on debut overnight

 

[dyna]

sold out of WPL a few weeks ago and am sticking majorly with STO.

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.

 

[divs4ever]

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.

dark pools just like HFTs one of those modern innovations in the markets

 

[Telamelo]

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

www.marketindex.com.au

 

[Garpal Gumnut]

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

www.marketindex.com.au

Yes. Achievable, though it is probably already priced in.

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]

Yes. Achievable, though it is probably already priced in.

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.

The savings were visible in April, so yep, I would think so.

The benefit for WDS is the spot LNG which is soaring.

 

[Telamelo]

Oil & Gas up another +2.9% overnight