Woodside Energy Group returns $11 billion to shareholders
Woodside Energy Group Ltd’s share was trading at $22.51 as of June 2nd. The company has returned approximately $11 billion to shareholders while maintaining EBITDA margins above 70%, supported by world-class LNG assets.
The company delivered record production of 198.8 MMboe and maintained its policy of distributing 80% of underlying earnings through a $1.12 per share dividend. Lower commodity prices reduced FY2025 underlying NPAT by 8% to $2.65 billion.
The central investment thesis revolves around Scarborough, a major LNG development that is 94% complete and expected to deliver first LNG cargo in the fourth quarter of 2026. Once operational, Scarborough is projected to increase production and cash flow over the coming years.