Woodside Petroleum Ltd. (WOPEY)
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Woodside Petroleum Ltd. Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Marguerite Eileen O'Neill CEO | NYSE Exchange | 980228308 CUSIP |
| AU Country | 3,684 Employees | 7 Mar 2024 Last Dividend | 20 Feb 2018 Last Split | - IPO Date |
Overview
Woodside Energy Group Ltd, previously known as Woodside Petroleum Ltd until May 2022, is an established enterprise specializing in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons. With its inception dating back to 1954, the company has carved out a significant presence not just within its home base in Perth, Australia, but across a global scale including regions in Oceania, Asia, Canada, Africa, and other international territories. Woodside Energy Group Ltd manages a diversified portfolio encompassing several major projects such as the Greater Browse, Greater Sunrise, Greater Pluto, Greater Exmouth, North West Shelf, Wheatstone, Julimar-Brunello, in Canada, Senegal, Greater Scarborough, and Myanmar.
Products and Services
- Liquefied Natural Gas (LNG)
LNG is a core product for Woodside Energy Group, leveraging low-temperature liquefaction technology to transport and store natural gas efficiently, which is primarily used for heating, electricity generation, and as fuel for vehicles and ships.
- Pipeline Natural Gas
Directly delivered through pipelines, this form of natural gas serves as a crucial energy source for residential, commercial, and industrial applications, emphasizing its role in providing consistent and reliable energy.
- Condensate
A by-product of gas extraction, condensate is a light form of crude oil that is used in the production of petroleum products, including gasoline and jet fuel, highlighting its significance in the energy market.
- Liquefied Petroleum Gas (LPG)
LPG, consisting primarily of propane and butane, is a versatile product used in heating, cooking, and as fuel for certain types of vehicles, showcasing its flexibility and wide array of applications.
- Crude Oil
As a fundamental energy resource, crude oil extracted by Woodside is pivotal for its conversion into various petroleum products such as gasoline, diesel, and other chemicals, underscoring its central role in the global energy landscape.
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