Woodside Energy Group (NYSE:WDS) Upgraded at Citigroup

Woodside Energy Group (NYSE:WDS) was upgraded by equities researchers at Citigroup from a “sell” rating to a “neutral” rating in a research note issued on Tuesday,Briefing.com Automated Import reports.

Separately, Bank of America upgraded Woodside Energy Group from a “neutral” rating to a “buy” rating in a report on Wednesday, January 29th. Four investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Woodside Energy Group currently has a consensus rating of “Moderate Buy”.

Woodside Energy Group Stock Performance

NYSE:WDS opened at $14.57 on Tuesday. Woodside Energy Group has a 52 week low of $14.34 and a 52 week high of $20.30. The company has a fifty day simple moving average of $15.45 and a two-hundred day simple moving average of $16.18. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.09 and a current ratio of 1.24.

Institutional Investors Weigh In On Woodside Energy Group

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Avior Wealth Management LLC grew its stake in shares of Woodside Energy Group by 155.3% during the third quarter. Avior Wealth Management LLC now owns 1,644 shares of the company’s stock worth $28,000 after purchasing an additional 1,000 shares in the last quarter. Huntington National Bank boosted its position in shares of Woodside Energy Group by 482.5% during the 4th quarter. Huntington National Bank now owns 1,730 shares of the company’s stock worth $27,000 after acquiring an additional 1,433 shares in the last quarter. Greenline Partners LLC acquired a new stake in shares of Woodside Energy Group during the 4th quarter worth about $30,000. R Squared Ltd acquired a new position in shares of Woodside Energy Group in the 4th quarter valued at $30,000. Finally, Addison Advisors LLC lifted its position in Woodside Energy Group by 559.9% in the fourth quarter. Addison Advisors LLC now owns 1,973 shares of the company’s stock valued at $31,000 after acquiring an additional 1,674 shares during the last quarter. 3.17% of the stock is currently owned by institutional investors and hedge funds.

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.