• Increased average first-half 2025 production by 7% to 548 Mboe/day
• Reduced unit production costs by 7% to $7.7/boe
• Delivered 96% LNG reliability at operated facilities

Woodside Energy Group Ltd reported a strong operational and financial performance in the first half of 2025. The company's average first-half 2025 production increased by 7% to 548 Mboe/day, with total production of 99.2 MMboe, up 11% from the previous year. Woodside's unit production costs were reduced by 7% to $7.7/boe, reflecting disciplined cost control and high asset reliability. The company maintained high LNG reliability of 96% at its operated facilities, including planned maintenance at the Karratha Gas Plant. Woodside's marketing EBIT contribution increased by 6% to $144 million, representing around 8% of the company's total EBIT. The company's financial performance was also strong, with EBITDA of $4.6 billion, a 70% EBITDA margin, and an Underlying NPAT of $1.2 billion. Woodside's gearing remained within the targeted 10-20% range at 19.5%, with strong liquidity of $8.4 billion. The company also approved the final investment decision for the Louisiana LNG project, which will unlock future value. Woodside continued to deliver on its sustainability goals, with no high consequence injuries and being on track to achieve its net equity Scope 1 and 2 greenhouse gas emissions reduction targets.