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Woodside's underlying profit up 4% in H1

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Woodside's underlying profit up 4% in H1

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Natural Gas News
Woodside's underlying profit up 4% in H1

Summary

Operating revenue rose 27% yr/yr to $7.4bn. by: Shardul Sharma

Australia’s Woodside on August 22 reported a 4% year/year increase in underlying net profit during the first half of 2023 driven by the exp...

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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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