Woodside Energy Group Ltd (NYSE:WDS) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Woodside Energy Group Ltd (NYSE:WDS) have earned an average recommendation of “Moderate Buy” from the five analysts that are covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company.

Several equities analysts have recently weighed in on WDS shares. Wall Street Zen downgraded Woodside Energy Group from a “hold” rating to a “sell” rating in a research report on Sunday, January 11th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Woodside Energy Group in a research report on Monday, December 29th.

Woodside Energy Group Stock Up 1.0%

Shares of NYSE WDS opened at $15.91 on Friday. Woodside Energy Group has a 1-year low of $11.26 and a 1-year high of $17.70. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.90 and a quick ratio of 1.74. The business’s 50 day moving average is $16.16 and its two-hundred day moving average is $16.17.

Institutional Trading of Woodside Energy Group

Institutional investors have recently added to or reduced their stakes in the company. Kornitzer Capital Management Inc. KS grew its stake in shares of Woodside Energy Group by 1.5% during the second quarter. Kornitzer Capital Management Inc. KS now owns 42,515 shares of the company’s stock valued at $656,000 after buying an additional 643 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Woodside Energy Group by 38.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,317 shares of the company’s stock valued at $36,000 after acquiring an additional 646 shares during the period. Savant Capital LLC grew its position in Woodside Energy Group by 3.0% in the 3rd quarter. Savant Capital LLC now owns 24,408 shares of the company’s stock valued at $367,000 after acquiring an additional 701 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of Woodside Energy Group by 21.9% during the second quarter. NewEdge Advisors LLC now owns 4,171 shares of the company’s stock worth $64,000 after purchasing an additional 750 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its position in shares of Woodside Energy Group by 17.6% during the second quarter. Smartleaf Asset Management LLC now owns 5,226 shares of the company’s stock worth $81,000 after purchasing an additional 781 shares during the last quarter. Institutional investors own 3.17% of the company’s stock.

About Woodside Energy Group

Woodside Energy Group (NYSE: WDS) is an Australia-based energy company focused on the exploration, development, production and marketing of oil and natural gas, with a strong emphasis on liquefied natural gas (LNG). The company’s activities span the upstream value chain, including exploration and appraisal of hydrocarbon resources, development and operation of production facilities, and the sale and delivery of hydrocarbons to global customers.

Woodside’s operations center on conventional oil and gas projects and large-scale LNG processing and export, supported by project management, engineering and commercial trading capabilities.