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Woodside Petroleum (NASDAQ:WOPEY) was downgraded by investment analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a note issued to investors on Friday, TheFlyOnTheWall.com reports.

Woodside Petroleum (NASDAQ:WOPEY) opened at 38.05 on Friday. Woodside Petroleum has a 52 week low of $31.18 and a 52 week high of $39.25. The stock’s 50-day moving average is $37.76 and its 200-day moving average is $35.42. The company has a market cap of $31.350 billion and a P/E ratio of 17.96.

Woodside Petroleum Ltd (NASDAQ:WOPEY) is an Australia-based oil and gas company.

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