Woodside targets 12-15% return on average capital employed by mid-2030s
WDS•WDS•WDS•WDS•Woodside Energy expects more than US$40 billion in adjusted operating cash flow from 2027 to 2032 and targets a 12-15% portfolio return on average capital employed by the mid-2030s. It also plans US$400 million in annual structural cost reductions from 2028 and a new dividend and buyback policy.
Woodside Energy expects more than US$40 billion in adjusted operating cash flow over 2027-2032, with sales volumes forecast to rise more than 30% to approximately 280 million barrels of oil equivalent in 2032. The company targets a 12-15% portfolio return on average capital employed by the mid-2030s and annual structural cost reductions of US$400 million from 2028. Its new distribution policy allocates 20% of adjusted operating cash flow to base dividends, with up to 20% more for dividends or buybacks.
