WDS News: Woodside Energy cash flow outlook sparks concern about future payouts vs growth - 1st Dec 2022, 11:32am

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By Sonali Paul

MELBOURNE (Reuters) -Woodside Energy Group Ltd, Australia's top independent gas producer, flagged on Thursday a drop in free cash flow over the next few years, which raised alarm among analysts about future dividend payouts.

Woodside's shares fell 1.8% after its annual investor briefing in a broader market that was up 0.9%, even after Chief Executive Officer Meg O'Neill said the company was committed to paying out at least 50% of net profit after tax.

Analysts are forecasting a...

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