WDS News: Woodside always 'running ruler' over deals after profit beats forecast - 27th Feb 2024, 9:20am

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By Lewis Jackson and Sameer Manekar

(Reuters) -Australia's top oil and gas explorer Woodside Energy posted a 37% drop in annual underlying profit on Tuesday, as subdued oil and gas prices offset higher sales and production.

Less than three weeks since Woodside ended merger talks with smaller local player Santos amid major differences on price, CEO Meg O'Neill said the company continued to assess potential deal targets.

Investors have been watching closely for signs of future deal-making and O...

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