Woodside Energy Group Ltd (ASX:WDS) is Australia’s largest independent oil and gas company with a global portfolio. It is an explorer, developer, producer and supplier of energy. Woodside has been operating for over 60 years and is now Australia’s leading LNG producer. Some of its current development projects are in Senegal (SNE), Myanmar, Canada (Kitimat) and Timor-Leste / Australia (Sunrise).
The benchmark S&P/ASX200 (INDEXASX: XJO) surrendered 142.8 points, to 7,704.2, while the broader All Ordinaries (INDEXASX: XAO) fell 143.9 points, also 1.8 per cent, to 7,963.6.
The Woodside Energy Group Ltd (ASX:WDS) share price is up 1% after announcing its FY23 result which saw a big drop of profit.
The All Ordinaries (INDEXASX: XAO) gained 0.5 per cent on Wednesday as positive news in China spread throughout global markets.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.45% to 7,615.80.
The Santos Ltd (ASX:STO) share price is down 5% on news that the merger with Woodside Energy Group Ltd (ASX: WDS) is off.
The S&P/ASX 200 (INDEXASX: XJO) Index could not hold on to yesterday’s record close, dropping 92.5 points, or 1.2 per cent, to 7,588.2 points, with all 11 industry sub-indices losing ground.
The benchmark S&P/ASX 200 (INDEXASX: XJO) closed up 80.5 points, or 1.1 per cent, to 7,680.7 – 51.8 points, or 0.7 per cent, above the previous closing record of 7,628.9 points, which was reached in August 2021. The broader All Ordinaries (INDEXASX: XAO) index added 77.8 points, or 1 per cent, to 7,912.8.
The S&P/ASX 200 (INDEXASX: XJO) closed up 23 points, or 0.3 per cent, to 7578.4, around 50 points shy of its all-time high reached in August 2021. The broader All Ordinaries (INDEXASX: XAO) gained 23.1 points, also 0.3 per cent, to 7,808.3.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.30% to 7,578.40.