Woodside Energy Group (NYSE:WDS) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Woodside Energy Group (NYSE:WDS) from a sell rating to a hold rating in a report released on Monday.

Separately, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Woodside Energy Group in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Woodside Energy Group Stock Up 2.9%

Shares of NYSE WDS opened at $16.28 on Monday. The company has a fifty day moving average price of $16.08 and a 200 day moving average price of $16.17. The company has a quick ratio of 1.74, a current ratio of 1.90 and a debt-to-equity ratio of 0.31. Woodside Energy Group has a 1-year low of $11.26 and a 1-year high of $17.70.

Institutional Investors Weigh In On Woodside Energy Group

Institutional investors have recently made changes to their positions in the stock. Geneos Wealth Management Inc. raised its position in shares of Woodside Energy Group by 111.3% during the first quarter. Geneos Wealth Management Inc. now owns 2,092 shares of the company’s stock worth $30,000 after acquiring an additional 1,102 shares during the last quarter. Rothschild Investment LLC increased its position in Woodside Energy Group by 137.7% during the 2nd quarter. Rothschild Investment LLC now owns 2,073 shares of the company’s stock valued at $32,000 after purchasing an additional 1,201 shares during the period. MAI Capital Management raised its holdings in Woodside Energy Group by 206.6% during the 2nd quarter. MAI Capital Management now owns 2,287 shares of the company’s stock worth $35,000 after purchasing an additional 1,541 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Woodside Energy Group by 38.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,317 shares of the company’s stock worth $36,000 after purchasing an additional 646 shares during the period. Finally, GAMMA Investing LLC lifted its position in shares of Woodside Energy Group by 105.5% in the 2nd quarter. GAMMA Investing LLC now owns 2,723 shares of the company’s stock worth $42,000 after purchasing an additional 1,398 shares during the period. Institutional investors own 3.17% of the company’s stock.

Woodside Energy Group Company Profile

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.