Woodside Energy reports executive share changes

PERTH, WESTERN AUSTRALIA – Woodside (OTC:WOPEY) Energy Group Ltd (ASX:WPL), a leading company in crude petroleum and natural gas with a market capitalization of $27.66 billion, has filed a report with the United States Securities and Exchange Commission on Thursday, detailing recent changes in share ownership by company executives. According to InvestingPro data, the company currently trades at an attractive P/E ratio of 8 and analysis suggests the stock is currently undervalued. The Form 6-K, dated today, includes announcements originally made to the Australian Securities Exchange (ASX). Notable for investors, InvestingPro analysis shows the company maintains a strong dividend yield of 6.74% and has maintained dividend payments for 34 consecutive years.

According to the SEC filing, the company provided two separate announcements, both dated March 6, 2025. The first, titled "Appendix 3Y (NEDs)," refers to changes in shareholdings of the company’s Non-Executive Directors (NEDs). The second, "Appendix 3Y (M O’Neill)," details changes in the shareholdings of an individual named M O’Neill, presumably a member of the company’s management or board.

The specifics of the shareholding changes were not disclosed in the summary of the filing. Such changes in share ownership are often reported to ensure transparency for investors and to comply with market regulations, particularly when they involve directors or senior executives who may have inside knowledge of the company.

The report indicates that Woodside Energy Group Ltd is up to date with its reporting obligations under the rules governing foreign private issuers in the United States. The company files annual reports under the cover of Form 20-F.

Woodside Energy Group Ltd, headquartered in Perth, Western Australia, operates globally with a focus on the exploration, development, production, and marketing of oil and gas. The company has recently undergone a name change from Woodside Petroleum Ltd , which took effect on December 22, 1988.

The information contained in this article is based on a press release statement and aims to provide shareholders and the investment community with important updates regarding the company’s executive shareholdings.

In other recent news, Woodside Energy Group Ltd has released its Full-Year 2024 Results, detailing significant financial metrics such as revenue, profit margins, and capital expenditures. The company’s annual report, submitted to the Securities and Exchange Commission, provides insights into its operational progress and strategic initiatives. Additionally, Woodside Energy has made progress on major projects, including the Scarborough and Beaumont projects, and updated its reserves statement, which is crucial for assessing potential revenue and growth. The Sangomar Field Development, a key project for Woodside, is also advancing, with updates on drilling and construction activities.

Woodside Energy and the government of Trinidad and Tobago have reached initial commercial terms for the Calypso deepwater gas project, moving it closer to a final investment decision. In analyst updates, Citi has upgraded Woodside Energy’s stock rating from Sell to Neutral, raising the price target to AUD24.00, citing potential improvements in sentiment due to the Louisiana LNG project sell-down. Meanwhile, Macquarie has maintained its Neutral rating with a price target of AUD26.00, aligning with its revised expectations for the company’s earnings and production costs. These developments reflect ongoing strategic efforts and market positioning by Woodside Energy.

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