November 14, 2024

Woodside Energy third-quarter revenue jumps

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Oct 20 (Reuters) – Woodside Energy Group Ltd reported third-quarter revenue on Thursday that rose nearly four times as oil and gas prices continued to increase amid the Ukraine conflict, while the company also raised its annual production outlook.

The company’s revenue for the three months ended Sept. 30, the first full quarter of production since merging with BHP’s petroleum arm, rose to $5.86 billion from $1.53 billion. (Reporting by Harshita Swaminathan and Roushni Nair in Bengaluru; Editing by Shounak Dasgupta)

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