WPL 0.85% $22.81 woodside petroleum ltd

Ann: Half-Year 2018 Results and Briefing Pack, page-31

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 531 Posts.
    lightbulb Created with Sketch. 86
    The current 15% in WA isn't always used, not enough demand. Energy prices are lower over there. Woodside us it seems trying to drum up a bigger dom gas market, local LNG trucking for mining, MOU for fertiliser plant etc.

    Honestly, the Senegal thing is just noise. Scarborough represents a simular capex / BOE with far lower OPEX.

    2H we will be seeing a big improvement in earnings for WPL. LNG trades at a 3 month lag to oil price, and now both Wheatstone trains are up and running. D&A will exceed capex so we'll also be looking at pretty significant cash build through 2H too.
 
watchlist Created with Sketch. Add WPL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.