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

Shares of Woodside Energy Group Ltd (NYSE:WDS) have received a consensus recommendation of “Moderate Buy” from the five brokerages that are presently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and one has given a strong buy recommendation to the company.

WDS has been the topic of a number of recent research reports. Wall Street Zen downgraded Woodside Energy Group from a “hold” rating to a “sell” rating in a research report on Sunday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Woodside Energy Group in a research note on Monday, December 29th.

Hedge Funds Weigh In On Woodside Energy Group

Several hedge funds and other institutional investors have recently modified their holdings of WDS. 180 Wealth Advisors LLC lifted its position in Woodside Energy Group by 18.2% during the fourth quarter. 180 Wealth Advisors LLC now owns 46,369 shares of the company’s stock valued at $723,000 after purchasing an additional 7,149 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Woodside Energy Group by 63.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 109,312 shares of the company’s stock valued at $1,645,000 after buying an additional 42,472 shares during the last quarter. Advisory Services Network LLC purchased a new position in shares of Woodside Energy Group during the 3rd quarter valued at about $101,000. Abel Hall LLC lifted its holdings in shares of Woodside Energy Group by 9.2% in the 3rd quarter. Abel Hall LLC now owns 46,049 shares of the company’s stock valued at $693,000 after buying an additional 3,896 shares during the period. Finally, United Capital Financial Advisors LLC boosted its stake in shares of 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 buying an additional 1,885 shares during the last quarter. 3.17% of the stock is owned by hedge funds and other institutional investors.

Woodside Energy Group Stock Performance

Shares of Woodside Energy Group stock opened at $15.81 on Friday. Woodside Energy Group has a one year low of $11.26 and a one year high of $17.70. The company has a current ratio of 1.90, a quick ratio of 1.74 and a debt-to-equity ratio of 0.31. The stock has a 50 day moving average price of $16.20 and a 200-day moving average price of $16.16.

Woodside Energy Group Company Profile

Woodside Energy Group (NYSE: WDS) is an Australia-based energy company focused on the exploration, development, production and marketing of oil and natural gas, with a strong emphasis on liquefied natural gas (LNG). The company’s activities span the upstream value chain, including exploration and appraisal of hydrocarbon resources, development and operation of production facilities, and the sale and delivery of hydrocarbons to global customers.

Woodside’s operations center on conventional oil and gas projects and large-scale LNG processing and export, supported by project management, engineering and commercial trading capabilities.