Woodside Energy Group (NYSE:WDS) Downgraded by Wall Street Zen to “Sell”

Woodside Energy Group (NYSE:WDS) was downgraded by equities researchers at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Sunday.

Separately, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Woodside Energy Group in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Woodside Energy Group Stock Performance

WDS stock opened at $15.89 on Friday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.74 and a current ratio of 1.90. Woodside Energy Group has a twelve month low of $11.26 and a twelve month high of $17.70. The business has a fifty day moving average of $16.22 and a 200-day moving average of $16.15.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. AQR Capital Management LLC acquired a new position in Woodside Energy Group during the first quarter valued at approximately $279,000. Jane Street Group LLC boosted its position in shares of Woodside Energy Group by 648.0% during the first quarter. Jane Street Group LLC now owns 383,379 shares of the company’s stock worth $5,555,000 after purchasing an additional 332,125 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Woodside Energy Group by 111.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,092 shares of the company’s stock valued at $30,000 after buying an additional 1,102 shares during the period. Moody National Bank Trust Division increased its position in shares of Woodside Energy Group by 32.4% in the 2nd quarter. Moody National Bank Trust Division now owns 13,396 shares of the company’s stock valued at $207,000 after buying an additional 3,277 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in shares of Woodside Energy Group by 105.5% in the 2nd quarter. GAMMA Investing LLC now owns 2,723 shares of the company’s stock valued at $42,000 after buying an additional 1,398 shares in the last quarter. Institutional investors own 3.17% of the company’s stock.

Woodside Energy Group Company Profile

Woodside Energy Group (NYSE: WDS) is an Australia-based energy company focused on the exploration, development, production and marketing of oil and natural gas, with a strong emphasis on liquefied natural gas (LNG). The company’s activities span the upstream value chain, including exploration and appraisal of hydrocarbon resources, development and operation of production facilities, and the sale and delivery of hydrocarbons to global customers.

Woodside’s operations center on conventional oil and gas projects and large-scale LNG processing and export, supported by project management, engineering and commercial trading capabilities.