Company Profile For Woodside Petroleum Ltd

Woodside Petroleum Ltd (WPL.AX) (Australia Stock Exchange)

sector: Energy · industry: Oil & Gas Exploration & Production ·

As of 10:40am IST

48.10AUD

Price Change

-1.39

Percent Change

-2.81%

Analyst Recommendations

Overview

Woodside Petroleum Ltd. (Woodside) is the parent company of the Woodside group of companies. The Company is engaged in the hydrocarbon exploration, evaluation, development, production and marketing. The Company produces natural gas, liquefied natural gas, liquid petroleum gas, condensate and oil for customers around the world. It has major operational assets and exploration and development interests in five continents, including Australia and the United States. The Company operates in five segments: North West Shelf Business Unit, Australia Business Unit, Pluto Business Unit, United States Business Unit, and Group and unallocated.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, Woodside Petroleum Limited's revenues decreased 21% to A$2.03B. Net income decreased 12% to A$898M. Revenues reflect decreased condensate revenue from United States of America and decreased Oil revenue. Net income was partially offset by the presence of exchange gain vs. exchange loss on cash balances, a decrease in amortization of license acquisition costs and decreased loss on sale of fixed assets.