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Woodside reports 31% drop in Q1 sales revenue

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Woodside reports 31% drop in Q1 sales revenue

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Natural Gas News
Woodside reports 31% drop in Q1 sales revenue

Summary

The revenue was down 12% quarter/quarter. by: Shardul Sharma

Australian energy giant Woodside on April 19 announced a 31% year/year decline in sales revenue for the January-March quarter (Q1), attributed to...

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Related Knowledge Center: ENERGY BASICS: petroleum

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While electric-powered vehicles may be the ride of the future, oil remains at least for now the dominant fuel for transportation around the world. And after a period of time at the end of the 20th century when oil was subject to wide fluctuations in price, new supplies in North America as a result of non-conventional recovery techniques have helped stabilize prices.

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