Woodside Releases Full-Year 2024 Results
Portfolio Pulse from
Woodside Energy Group reported record production for 2024, with a significant increase in net profit after tax. However, underlying NPAT decreased compared to the previous year.
February 25, 2025 | 12:00 am
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Woodside Energy Group reported record production of 193.9 MMboe for 2024, with NPAT increasing by 115% to $3,573 million. However, underlying NPAT decreased by 13% from the previous year.
The record production and significant increase in NPAT are positive indicators for Woodside's financial health, likely boosting investor confidence. However, the decrease in underlying NPAT may raise concerns about the sustainability of these results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100