Woodside Energy Q3 Revenue Rises 27% to $4.28 Billion Despite Production Drop; Trims FY26 Output Guidance

Woodside Energy Group (WDS.AX, WDS) reported Wednesday a 27% rise in third-quarter operating revenue to $4.281 billion from $3.359 billion a year earlier, as stronger LNG performance offset lower average realized pricing in its liquids portfolio. Production volumes fell 9% to 46.2 MMboe from 50.8 MMboe, with total production at 503 Mboe/d versus 552 Mboe/d. Sales volumes dropped 7% to 51.1 MMboe. The Australian company narrowed fiscal 2026 production guidance to 174–181 MMboe from a prior 174–185 MMboe, reflecting a reduced contribution of 1.5–2.5 MMboe from Beaumont New Ammonia, down from 2–3 MMboe previously. Woodside shares closed Wednesday's trading in Australia at A$33.96, up 0.41%, and were at $23.58 in after-hours NYSE trading, down 0.21%.