Woodside Energy has reported a strong first half for 2025, achieving net profit after tax of USD 1,316 million and operating revenue of USD 6,590 million, up 10 percent year-on-year. Production rose 12 percent to 99.2 million barrels of oil equivalent, supported by strong performance from the Sangomar project in Senegal, which delivered 100,000 barrels per day and generated nearly USD 1 billion in revenue.
The Board declared a fully franked interim dividend of 53 US cents per share, representing an 80 percent payout ratio of underlying profit.
Key projects advanced during the period, with Scarborough 86 percent complete, Trion 35 percent, and Beaumont New Ammonia 95 percent. Woodside also took a final investment decision on the Louisiana LNG Project and sold a 40 percent stake in its LNG infrastructure to Stonepeak, securing major funding support.
With operating cash flow of USD 3,339 million, liquidity of USD 8,430 million and gearing at 19.5 percent, Woodside emphasised its financial strength and disciplined capital management.
CEO Meg O’Neill said the results demonstrate the company’s ability to deliver strong shareholder returns today while progressing world-class growth projects to meet future energy demand.
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