Woodside Energy Group Ltd (NYSE:WDS) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Woodside Energy Group Ltd (NYSE:WDS) have been given an average rating of “Moderate Buy” by the five ratings firms that are covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has assigned a strong buy recommendation to the company.

Several equities analysts have recently weighed in on WDS shares. Wall Street Zen cut Woodside Energy Group from a “hold” rating to a “sell” rating in a research report on Saturday, November 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Woodside Energy Group in a report on Wednesday, October 8th.

Institutional Trading of Woodside Energy Group

Several institutional investors and hedge funds have recently bought and sold shares of WDS. Jane Street Group LLC grew its position in shares of Woodside Energy Group by 648.0% during the 1st quarter. Jane Street Group LLC now owns 383,379 shares of the company’s stock valued at $5,555,000 after purchasing an additional 332,125 shares in the last quarter. ABC Arbitrage SA boosted its stake in Woodside Energy Group by 1,199.9% during the second quarter. ABC Arbitrage SA now owns 295,923 shares of the company’s stock valued at $4,566,000 after buying an additional 273,158 shares during the period. OLD Mission Capital LLC purchased a new position in Woodside Energy Group during the first quarter worth about $2,487,000. Hsbc Holdings PLC bought a new position in Woodside Energy Group in the 2nd quarter worth about $2,606,000. Finally, Cubist Systematic Strategies LLC bought a new position in Woodside Energy Group in the 1st quarter worth about $2,177,000. 3.17% of the stock is currently owned by hedge funds and other institutional investors.

Woodside Energy Group Stock Up 1.2%

Woodside Energy Group stock opened at $16.45 on Friday. The firm has a 50 day simple moving average of $15.76 and a 200 day simple moving average of $15.93. The company has a current ratio of 1.90, a quick ratio of 1.74 and a debt-to-equity ratio of 0.31. Woodside Energy Group has a 1-year low of $11.26 and a 1-year high of $17.70.

Woodside Energy Group Company Profile

Woodside Energy Group Ltd engages in the exploration, evaluation, development, production, and marketing of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe. The company produces liquefied natural gas, pipeline gas, crude oil and condensate, and natural gas liquids. It holds interests in the Pluto LNG, North West Shelf, Wheatstone and Julimar-Brunello, Bass Strait, Ngujima-Yin FPSO, Okha FPSO, Pyrenees FPSO, Macedon, Shenzi, Mad dog, Greater Angostura, as well as Scarborough, Sangomar, Trion, Calypso, Browse, Liard, Atlantis, Woodside Solar opportunity, and Sunrise and Troubadour.