Woodside Energy reported a decline in its first-half profits on the back of lower prices for liquefied natural gas. The net result came in at $1.63 billion, which was 14% lower than the net result for the first half of 2023 The company also booked an operating cash flow of $2.39 billion and a free cash flow of $740 million for the period. The free cash flow figure represented a 136% increase in the year. Chief executive Meg O’Neill noted the recent acquisitions that the Australian energy major made, not always to the cheer of the market,…
Woodside Reports Lower H1 Profits on LNG Price Dip
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