Woodside Energy Group (LON:WDS) Sets New 12-Month Low – Time to Sell?

Woodside Energy Group Ltd (LON:WDS) reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 1,175 ($15.30) and last traded at GBX 1,182 ($15.39), with a volume of 213409 shares. The stock had previously closed at GBX 1,200 ($15.62).

Woodside Energy Group Price Performance

The stock has a fifty day simple moving average of GBX 1,272.27 and a two-hundred day simple moving average of GBX 1,373.68. The firm has a market capitalization of £22.99 billion, a P/E ratio of 1,662.16 and a beta of 0.74.

Woodside Energy Group Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, October 3rd. Investors of record on Thursday, September 5th were paid a dividend of $0.69 per share. The ex-dividend date of this dividend was Thursday, September 5th. This is a positive change from Woodside Energy Group’s previous dividend of $0.60. This represents a yield of 3.92%. Woodside Energy Group’s dividend payout ratio is currently 13,378.38%.

Woodside Energy Group Company Profile

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.