Woodside Energy Group 🛢 ⛽ - WDS

An Australian liquified natural gas and petroleum producer who merged with a division of BHP in June 2022 and rebranded from Woodside Petroleum.

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Overnight, a giant new company has arrived on the London stock market.
Shares of Woodside Energy, based in the western Australian city of Perth, were admitted to the main list and enjoyed a healthy first day premium, rising from the opening price of 1800p to as high as 1992.8p by lunchtime.
The company has a valuation of just under £36bn at the current price.

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I had no idea about any merger.
Have no knowledge of Woodside petroleum :man_shrugging:t2:
Not that I would as brought any more shares
I’m trying to reduce my 70% mining portfolio allocation not increase it :see_no_evil:

woodside: digging up aboriginal ancestral lands in WA. Not my favourite company for this.

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:heart_eyes:
Just appeared in my app

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Me too. Just has no value, but I could get 5.7% coupon of nothing :slight_smile:

Got a separate thread Neil created for Woodside going forward, might need linking in the app/stock page - Woodside Energy Group 🛢 ⛽ - WDS - Share Chat

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… cherished by every Aboriginal generation.

Does everyone else’s Woodside energy look like this? No average share price, because they were ‘free’?

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Yes. 0.00% and average price = 0.00

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Same for me too. The price is changing but not the %. I assume this is something that will get sorted.

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I sold mine for £20 a piece last week anyway. I was never a fan of Woodside.

30% tax deduction on my dividend. Is this normal?

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We did not have this tax last year and I have questioned it. The Australian website states the tax is paid by the company. So I think deduction is incorrect.

I hope we get clarification of what has changed this year, or if this is indeed a mistake and we get it paid to us soon.

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Good news. It has been confirmed that the 30% withholding tax was a mistake and will get refunded to us.