Woodside Energy’s 2025 net profit after tax (NPAT) dropped 24% to $2.71bn due to softer commodity prices, with underlying NPAT at $2.64bn. Production hit 198.8mboe, exceeding guidance and 2024 levels, driven by the Sangomar asset in Senegal reaching 100,000 barrels per day. EBITDA remained stable at $9.277bn, with a 71% margin.

Operating revenue fell 1% to $12.9bn, with an average realized price of $60.2/boe. Unit production cost decreased by 4% to $7.8 per barrel. Operating cashflow increased by 23% to $7.19bn, while free cashflow turned positive at $1.88bn. Woodside’s CEO praised the company’s disciplined execution and strong financial performance.

Looking ahead, Woodside projects 2026 production of 172–186mboe, with major projects like Pluto LNG Train 1 turnaround. The Scarborough Energy Project is 94% complete, targeting first LNG cargo in Q4 2026. The $17.5bn Louisiana LNG project is 22% complete, aiming for first LNG in 2029, with reduced capex share after transactions. Trion project targeting first oil in 2028, was 50% complete at year-end.

Read more at Yahoo Finance: Woodside 2025 NPAT falls 24% to $2.7bn on softer prices