Section 1: Company Overview and Key Earnings Metrices

Company Overview: Woodside Energy Group Limited (ASX: WDS) is an Australian-based energy company with global energy assets. It is engaged in the exploration, evaluation, development, production, and sale of liquified natural gas, pipeline gas, crude oil, condensate, and natural gas liquids in and outside Australia. Kalkine’s Earnings Hunter Report covers the Key Financial Metrics, Risks, Outlook, Technical Analysis along with the earnings hunter score and rating on the stock.

Section 2: Earnings Hunter Score and Financial Dashboard

Section 3: Strategic Update and Key Catalysts

Section 4: Price Performance, Technical Summary, and Conclusion

The stock has witnessed a dip of ~13.28% in the last six months, and over the last one year, it has decreased by ~18.82%. The stock has a 52-week low and 52-week high of AUD 29.410 and AUD 39.030, respectively and is currently trading below the 52-week high-low average. WDS was last covered in a report dated ’31 July 2023’.

Notes:

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is 6 December 2023. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decision should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. The ‘Earnings Hunter Score’ typically provides an indication on the stance of the stock based on certain earnings-related criteria and the company’s performance versus the historical average and peers’ median.

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.

Stop-loss: It is a level to protect further losses in case of unfavourable movement in the stock prices.

Disclaimer

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