WDS - Woodside Energy Group

[Antirnator]

Ssshhh... don't tell anyone.

 

[finicky]

WDSC@ $23.11

Wow, drop in WDS looks significant today? It has gapped down on heightened volume and steepened its downtrend. I thought it must have gone ex dividend - nope that was 28 Aug.
$23 level looking imperilled to me, that being a 50% retracement of the rally since April 2024. If it does convincingly break $23 that would bring $21 target into view for me despite getting down to oversold level.

Held
Possible add if cheaper but not all that enthusiastic. Cash is an attractive asset to me these days.

DAILY

 

[TimeISmoney]

WDSC@ $23.11

Wow, drop in WDS looks significant today? It has gapped down on heightened volume and steepened its downtrend. I thought it must have gone ex dividend - nope that was 28 Aug.
$23 level looking imperilled to me, that being a 50% retracement of the rally since April 2024. If it does convincingly break $23 that would bring $21 target into view for me despite getting down to oversold level.

Held
Possible add if cheaper but not all that enthusiastic. Cash is an attractive asset to me these days.

DAILY
View attachment 208815

Yeah, a bit odd. I was speaking to someone who's on the ground over the weekend and they said once they ramp up operations, they expect the place to be very profitable. Oddly enough, I saw a post from Motley crew stating the same thing today.

Very tempting to buy in with the type of divs they pay at this price.

*Not holding

 

[divs4ever]

Yeah, a bit odd. I was speaking to someone who's on the ground over the weekend and they said once they ramp up operations, they expect the place to be very profitable. Oddly enough, I saw a post from Motley crew stating the same thing today.

Very tempting to buy in with the type of divs they pay at this price.

*Not holding

just remember franking credits are liable to shrink over time ( due to increased foreign revenue )

is somebody ( important ) thinking an oil ( and gas ) price collapse coming ( when the more obvious driver would be a major war )

 

[TimeISmoney]

just remember franking credits are liable to shrink over time ( due to increased foreign revenue )

Going to be still better than what the banks are going to give me, and that will drop lower over the next few years, by looking at things.

is somebody ( important ) thinking an oil ( and gas ) price collapse coming ( when the more obvious driver would be a major war )

A war is most likely going to crash most stocks on the ASX, though. China's demand for LNG keeps on growing, and it's pretty much becoming a country in its own lane.

 

[divs4ever]

A war is most likely going to crash most stocks on the ASX, though. China's demand for LNG keeps on growing, and it's pretty much becoming a country in its own lane.

a kinetic war ( shooting/bombing and stuff ) maybe not , it will create a demand for industry and commodities ( food and minerals/energy etc. ) probably at the expense of massive debt issuance

now a full-on trade war that could be very nasty for OZ , all our 'friendly customers ' already have incredible amounts of debt already , how much credit do you extend to serial debt-pigs ?

so will we be silly enough to reject Chinese buyers ? ( after the last 5 years complete stupidity is possible )

ALSO , China is very capable of helping emerging nations to develop energy sources ( places like Afghanistan , in the Indian Ocean , Africa ) AND China is expanding a variety of energy generation , solar , nuclear ( including thorium ) , hydro , coal , gas , oil ( haven't seen much on wind in China ) even generating gas power from agricultural waste ( for smaller villages )

( and we continually downplay India as a future customer )

Going to be still better than what the banks are going to give me, and that will drop lower over the next few years, by looking at things.

that might depend on your timing of bank stock purchases , the BIG 4 will struggle for growth ( but unlikely to be let fail )

WBC for example has been below $20 for two different periods since the beginning of 2011

 

[UMike]

WDSC@ $23.11

Wow, drop in WDS looks significant today? It has gapped down on heightened volume and steepened its downtrend. I thought it must have gone ex dividend - nope that was 28 Aug.
$23 level looking imperilled to me, that being a 50% retracement of the rally since April 2024. If it does convincingly break $23 that would bring $21 target into view for me despite getting down to oversold level.

Held
Possible add if cheaper but not all that enthusiastic. Cash is an attractive asset to me these days.

DAILY
View attachment 208815

Is the fallout from the SANTOS debarkle.
/
I'm keen to add to this unlike STO which will struggle for a long time to come judging by todays action.

 

[Antirnator]

Is the fallout from the SANTOS debarkle.
/
I'm keen to add to this unlike STO which will struggle for a long time to come judging by todays action.

It was on the way down already, maybe Santos made people feel emotionally gassy.

 

[Tyre Kicker]

Buy more and more and more.

Cheap as chips

And if it goes lower… buy more.

 

[Garpal Gumnut]

One name keeps popping up among many poor results and dramas for companies. A man who was in his younger days was a beacon of success.

Richard Goyder, Chairman of Woodside.

I like symmetry, and a five year weekly chart of WDS shows that making a buy at anything above $16 or $17 a very brave decision. I believe there is a future for fossil fuels but this outfit just finds trouble wherever it decides to pitch.

gg

 

[finicky]

• Santos (STO) -11.9% after the Abu Dhabi takeover bid collapsed, prompting Jarden to downgrade the stock to underweight. The fallout spread across the sector with Woodside (WDS) -6.26%, Beach Energy (BPT) -4.51% and Karoon (KAR) -3.53% adding to the pain, Brent crude slipped below US$68 and WTI was trading near US$64 as traders unwound positions following the Fed’s mildly more hawkish cut.

 

[sptrawler]

• Santos (STO) -11.9% after the Abu Dhabi takeover bid collapsed, prompting Jarden to downgrade the stock to underweight. The fallout spread across the sector with Woodside (WDS) -6.26%, Beach Energy (BPT) -4.51% and Karoon (KAR) -3.53% adding to the pain, Brent crude slipped below US$68 and WTI was trading near US$64 as traders unwound positions following the Fed’s mildly more hawkish cut.

OMG not another failed Santos takeover, history repeats yet again. Lol

 

[Tyre Kicker]

One name keeps popping up among many poor results and dramas for companies. A man who was in his younger days was a beacon of success.

Richard Goyder, Chairman of Woodside.

I like symmetry, and a five year weekly chart of WDS shows that making a buy at anything above $16 or $17 a very brave decision. I believe there is a future for fossil fuels but this outfit just finds trouble wherever it decides to pitch.


View attachment 208832

gg

I hope and pray WDS falls to $16.