Woodside Energy Group Ltd (NYSE:WDS) Given Consensus Rating of “Moderate Buy” by Analysts

Woodside Energy Group Ltd (NYSE:WDS) has received a consensus recommendation of “Moderate Buy” from the five ratings firms that are currently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of research firms recently weighed in on WDS. Weiss Ratings reissued a “hold (c)” rating on shares of Woodside Energy Group in a research report on Wednesday, October 8th. Wall Street Zen downgraded Woodside Energy Group from a “hold” rating to a “sell” rating in a research report on Saturday.

Woodside Energy Group Stock Performance

NYSE:WDS opened at $16.32 on Friday. The firm’s 50-day moving average is $15.76 and its 200-day moving average is $15.90. Woodside Energy Group has a 52-week low of $11.26 and a 52-week high of $17.70. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.74 and a current ratio of 1.90.

Institutional Investors Weigh In On Woodside Energy Group

Several institutional investors and hedge funds have recently bought and sold shares of WDS. Advisory Services Network LLC bought a new position in shares of Woodside Energy Group during the 3rd quarter worth about $101,000. Abel Hall LLC increased its stake in Woodside Energy Group by 9.2% in the third quarter. Abel Hall LLC now owns 46,049 shares of the company’s stock valued at $693,000 after acquiring an additional 3,896 shares during the period. United Capital Financial Advisors LLC raised its position in Woodside Energy Group by 16.8% in the third quarter. United Capital Financial Advisors LLC now owns 13,132 shares of the company’s stock worth $198,000 after purchasing an additional 1,885 shares in the last quarter. Verition Fund Management LLC bought a new position in Woodside Energy Group during the third quarter worth about $291,000. Finally, SALT Holding Corp. acquired a new stake in Woodside Energy Group during the third quarter valued at approximately $440,000. Institutional investors own 3.17% of the company’s stock.

Woodside Energy Group Company Profile

Woodside Energy Group Ltd engages in the exploration, evaluation, development, production, and marketing of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe. The company produces liquefied natural gas, pipeline gas, crude oil and condensate, and natural gas liquids. It holds interests in the Pluto LNG, North West Shelf, Wheatstone and Julimar-Brunello, Bass Strait, Ngujima-Yin FPSO, Okha FPSO, Pyrenees FPSO, Macedon, Shenzi, Mad dog, Greater Angostura, as well as Scarborough, Sangomar, Trion, Calypso, Browse, Liard, Atlantis, Woodside Solar opportunity, and Sunrise and Troubadour.