Business · Markets · 2 hrs ago

Woodside shares rose 49% in a year, turning $10,000 into about $14,900

Woodside shares rose 49% in a year, turning $10,000 into about $14,900

Woodside Energy shares rose 49% over the past year, so a $10,000 investment would now be worth about $14,900, before dividends.

The Australian company produces liquefied natural gas and oil from projects around the world.

Higher energy prices helped boost its earnings, because production costs tend not to change as quickly as the prices it receives.

In the six months to June 2026, its average realised price rose 20% to US$74 per barrel of oil equivalent, while production fell 13%.

Net profit increased 27% to US$1.67 billion, and the company raised its interim dividend by 8% to 57 cents a share.

Woodside says its Scarborough project is on track to deliver its first LNG cargo in the fourth quarter of 2026, with other projects also under development.

Analysts’ average price target suggests a slight share-price decline over the next year, although the company expects new projects to lift production as they come online.

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