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

Woodside Energy Group Ltd (NYSE:WDS) has been given an average recommendation of “Moderate Buy” by the five research firms that are presently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of research firms have recently weighed in on WDS. Weiss Ratings restated a “hold (c-)” rating on shares of Woodside Energy Group in a report on Monday, December 29th. Wall Street Zen lowered Woodside Energy Group from a “hold” rating to a “sell” rating in a research report on Sunday.

Institutional Trading of Woodside Energy Group

A number of institutional investors have recently bought and sold shares of WDS. AQR Capital Management LLC bought a new position in Woodside Energy Group during the first quarter valued at $279,000. Jane Street Group LLC grew its holdings in Woodside Energy Group by 648.0% during the 1st quarter. Jane Street Group LLC now owns 383,379 shares of the company’s stock valued at $5,555,000 after purchasing an additional 332,125 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in Woodside Energy Group by 111.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,092 shares of the company’s stock valued at $30,000 after purchasing an additional 1,102 shares during the last quarter. Moody National Bank Trust Division lifted its stake in Woodside Energy Group by 32.4% in the second quarter. Moody National Bank Trust Division now owns 13,396 shares of the company’s stock worth $207,000 after purchasing an additional 3,277 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of Woodside Energy Group by 105.5% during the second quarter. GAMMA Investing LLC now owns 2,723 shares of the company’s stock valued at $42,000 after buying an additional 1,398 shares during the period. 3.17% of the stock is currently owned by institutional investors.

Woodside Energy Group Stock Up 1.2%

WDS stock opened at $15.89 on Friday. The firm has a fifty day moving average price of $16.22 and a 200 day moving average price of $16.15. Woodside Energy Group has a fifty-two week low of $11.26 and a fifty-two week 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.

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.