Woodside Energy releases transcript of half-year 2026 results briefing
WDS•Half-year 2026 results briefing
Woodside Energy briefed investors on its half-year 2026 results; CEO Liz Westcott attended with CFO Graham Tiver.
The company said its interim dividend was set at USD 0.57 per share. Underlying NPAT was USD 1.3 billion, EBITDA was USD 4.6 billion, and free cash flow was USD 352 million.
Cost reduction and project updates
Woodside announced a structural cost-reduction target of USD 350 million a year from 2028, spanning operating costs, overheads, and sustaining capital.
It also retired Scope 3 investment and emissions abatement targets and abandoned its plan to spend USD 5 billion on new energy projects by 2030.
The company launched a strategic review of Beaumont New Ammonia. Scarborough was said to be 98% complete for its first LNG cargo in Q4 2026, while Louisiana LNG was 28% complete.
