Woodside Energy Group (NYSE:WDS) Insider Mark Anthony Abbotsford Sells 7,500 Shares

Woodside Energy Group Ltd (NYSE:WDS) insider Mark Anthony Abbotsford sold 7,500 shares of the business’s stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $24.06, for a total transaction of $180,450.00. Following the transaction, the insider owned 24,467 shares of the company’s stock, valued at $588,676.02. This trade represents a 23.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Woodside Energy Group Trading Down 2.8%

Shares of WDS stock opened at $23.65 on Thursday. The company has a current ratio of 1.59, a quick ratio of 1.46 and a debt-to-equity ratio of 0.28. Woodside Energy Group Ltd has a 52-week low of $11.26 and a 52-week high of $25.19. The business’s fifty day moving average is $19.64 and its 200 day moving average is $17.18.

Woodside Energy Group Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 6th will be paid a $0.59 dividend. This represents a yield of 594.0%. The ex-dividend date is Friday, March 6th.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on WDS. Weiss Ratings reiterated a “hold (c-)” rating on shares of Woodside Energy Group in a research report on Monday, December 29th. Wall Street Zen raised shares of Woodside Energy Group from a “sell” rating to a “hold” rating in a research note on Monday, January 19th. One analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Woodside Energy Group currently has a consensus rating of “Moderate Buy”.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Arax Advisory Partners raised its position in Woodside Energy Group by 257.0% during the fourth quarter. Arax Advisory Partners now owns 1,660 shares of the company’s stock valued at $26,000 after purchasing an additional 1,195 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of Woodside Energy Group by 111.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,092 shares of the company’s stock worth $30,000 after purchasing an additional 1,102 shares in the last quarter. EFG International AG purchased a new position in shares of Woodside Energy Group in the 4th quarter worth about $32,000. MAI Capital Management increased its position in shares of Woodside Energy Group by 206.6% during the 2nd quarter. MAI Capital Management now owns 2,287 shares of the company’s stock valued at $35,000 after purchasing an additional 1,541 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new position in shares of Woodside Energy Group during the 4th quarter valued at about $35,000. 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.