27 Feb Woodside release 2025 Full-Year Results
(Oilandgaspress) – Woodside’s 2025 Full-Year Results released on Tuesday reflect a year of strong delivery, with outstanding performance from the base business and continued progress across major projects.
Full-year highlights
Record production of 198.8 million barrels of oil equivalent, exceeding full-year guidance and underpinned by outstanding production performance at Sangomar and world-class reliability at our operated LNG assets.
Net profit after tax (NPAT) of US$2.7 billion (underlying NPAT of US$2.6 billion); fully franked full-year dividend of US 112 cents per share, once again at the top end of our target range; and generated free cashflow of US$1.9 billion.
A strong balance sheet with liquidity of $9.3 billion and gearing of 18.2%.
Improved safety outcomes with zero high-consequence injuries recorded.
Took a final investment decision on the US$17.5 billion Louisiana LNG project, with Stonepeak and Williams joining as strategic partners, and commenced construction.
Commenced first production at Beaumont New Ammonia, and continued progress on schedule and budget at Scarborough and Trion, which were 94% and 50% complete respectively at year end.
Achieved our 2025 target of a 15% reduction in net equity Scope 1 and 2 greenhouse gas emissions below the starting base and are on track to meet our equivalent 2030 target.
Read the 2025 Full-Year Results, Annual Report and Climate update here.
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