Half-Year 2026 Results Teleconference and Presentation

Key points

• Woodside hosts teleconference on half-year 2026 results
• Net profit after tax at $1.7 billion, underlying NPAT at $1.3 billion
• Production of 86.5 MMboe, with reliable operations and zero Tier 1 or Tier 2 process safety events

Full summary

Woodside Energy Group Ltd has released its half-year 2026 results, showcasing a robust financial performance with a net profit after tax of $1.7 billion and an underlying NPAT of $1.3 billion. The company achieved a production of 86.5 MMboe, highlighting reliable operations and zero Tier 1 or Tier 2 process safety events. The company also reported a free cash flow of $4.6 billion and an interim dividend of $1.1 billion, fully franked. The results reflect Woodside's strong operational performance and financial health, supporting shareholder returns and investment in growth.

Guidance

Net profit after tax: $1.7 billion, Underlying NPAT: $1.3 billion, Production: 86.5 MMboe, Free cash flow: $4.6 billion

Outlook

Woodside Energy Group Ltd is optimistic about its future growth and returns, with a focus on maximizing its base business, delivering growth projects, and creating portfolio quality. The company is also targeting a structural cost reduction of $350 million per year from 2028.