Woodside Energy Group (LON:WDS) Trading 0.9% Higher – Should You Buy?

Woodside Energy Group Ltd (LON:WDS) shares shot up 0.9% on Wednesday . The stock traded as high as GBX 1,364.89 ($18.26) and last traded at GBX 1,344 ($17.98). 63,931 shares traded hands during mid-day trading, a decline of 1% from the average session volume of 64,699 shares. The stock had previously closed at GBX 1,332 ($17.82).

Woodside Energy Group Price Performance

The firm’s 50-day moving average is GBX 1,311.92 and its two-hundred day moving average is GBX 1,425.38. The company has a market cap of £26.11 billion, a P/E ratio of 1,904.55 and a beta of 0.74.

Woodside Energy Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, October 3rd. Shareholders of record on Thursday, September 5th were given a dividend of $0.69 per share. This is a boost from Woodside Energy Group’s previous dividend of $0.60. The ex-dividend date was Thursday, September 5th. This represents a yield of 3.92%. Woodside Energy Group’s payout ratio is 13,561.64%.

About Woodside Energy Group

Woodside Energy Group Ltd engages in the exploration, evaluation, development, production, and marketing of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe. The company produces liquefied natural gas, pipeline gas, crude oil and condensate, and natural gas liquids. It holds interests in the Pluto LNG, North West Shelf, Wheatstone and Julimar-Brunello, Bass Strait, Ngujima-Yin FPSO, Okha FPSO, Pyrenees FPSO, Macedon, Shenzi, Mad dog, Greater Angostura, as well as Scarborough, Sangomar, Trion, Calypso, Browse, Liard, Atlantis, Woodside Solar opportunity, and Sunrise and Troubadour.