Key Highlights

  • Woodside Energy (ASX:WDS) closed at $33.09, up 0.70%, on 26 October 2026.
  • First-half 2026 underlying NPAT was $1.3 billion on production of 86.5 MMboe, or 478 Mboe/d.
  • An Interim Dividend of 57 US cents per share, fully franked, was declared, with the Scarborough project 98% complete.

Woodside Energy Group Ltd (ASX:WDS) closed at $33.09, up 0.70%, in the Trading session on 26 October 2026, while the S&P/ASX 200 closed at 8,809.9, up 0.17%, and the S&P/ASX 200 Energy index gained 0.92%. Woodside is a Perth-based oil and gas producer that operates LNG and offshore Assets in Australia and holds projects in the United States.

Half-Year Results Briefing Released on 25 August 2026

Woodside released its half-year 2026 results briefing on 25 August 2026, accompanied by a teleconference hosted by its chief executive and chief financial officer. The briefing reports underlying net profit after tax of $1.3 billion and EBITDA of $1.1 billion on the company's presentation basis. Production was 86.5 million barrels of oil equivalent, or 478 thousand barrels per day, which includes 85.0 MMboe from Woodside reserves, 1.5 MMboe from processing and 0.5 MMboe from feed gas purchased from Pluto non-operating participants.

The company reports delivering about $3 billion of Operating Cash Flow and declared an interim dividend of 57 US cents per share, fully franked, equal to roughly $1.1 billion. Unit production cost was $8.8 per barrel of oil equivalent, which the briefing links to planned turnarounds. A turnaround at Pluto LNG was completed during the period.

The results teleconference was hosted by the chief executive and chief financial officer at 08:00 AWST on 25 August 2026, with a presentation, the half-year report and an archive made available on Woodside's website. The announcement was approved and authorised for release by Woodside's Disclosure Committee, and the briefing pack states that it was prepared without reference to the Investment objectives or needs of any particular person.

Project Progress

The briefing gives percentage-complete figures for three major projects as at 30 June 2026. Scarborough, including the floating production unit in the shipyard, was 98% complete and described as on budget and on track, with the offshore field and trunkline work advancing and first-stage start-up work under way. Trion in Mexico was 64% complete, on budget and targeting first oil in 2028. Louisiana LNG in the United States was 28% complete, on budget and targeting first LNG in 2029.

The company states that these completion percentages exclude Pluto Train 1 modifications for Scarborough, and that figures in the briefing include forward-looking statements and non-IFRS measures defined in the presentation.

The briefing's economic assumptions for project metrics include a US$70 per barrel Brent long-term oil price and a US$10 per MMBtu long-term JKM price.

About Woodside Energy

Woodside Energy Group Ltd (ACN 004 898 962) is listed on the ASX and the NYSE under the ticker WDS and is headquartered at Mia Yellagonga, 11 Mount Street, Perth. Its Business covers exploration, development, production and sale of oil, LNG and natural gas. In the briefing the company groups its activities into producing assets such as Pluto LNG and growth projects including Scarborough, Trion and Louisiana LNG.

Risks and Catalysts on Watch

The briefing's disclaimer lists factors that can cause results to differ from forward-looking statements, including Commodity prices, demand, currency movements, drilling and production results, project delays, regulatory approvals and the effect of armed conflict in Ukraine and the Middle East on oil and gas Supply and demand. Scheduled project milestones named in the briefing include Scarborough's start-up work, Trion's targeted first oil in 2028 and Louisiana LNG's targeted first LNG in 2029.

Wrapping Up

Woodside's latest results show underlying NPAT of $1.3 billion, an interim dividend of 57 US cents and three large projects at different construction stages. The share price rose 0.70% on 26 October, in a session when the energy index gained 0.92%.