Woodside Energy raised its production forecast for fiscal year 2025 to 192-197 million barrels of oil equivalent (MMboe) from its previous guidance of 188-195 MMboe. This upward revision is attributed to continued strong performance across its assets.
The company also narrowed its full-year unit production cost guidance to $7.6-$8.1 per boe from $8.0-$8.5 per boe, reflecting enhanced efficiency, particularly from Sangomar and U.S. assets. This indicates effective cost control measures.
Despite these positive operational adjustments, Woodside reported a 9.4% fall in third-quarter revenue. The company's focus remains on operational excellence and project delivery, as outlined in its Third Quarter Report for the period ended September 30, 2025.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.