WDS News: Woodside Energy Shares Rise After First-Half Profit Spike - 30th Aug 2022, 2:08pm

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By Scott Kanowsky

Investing.com -- Sydney-listed shares of Woodside Energy Ltd (ASX:WDS) jumped on Tuesday after Australia's largest listed energy company reported a surge in first-half pre-tax profit and unveiled a sharp rise in its interim dividend.

The oil and gas firm posted income before tax of $2.9 billion in the initial six months of the year, up from $503 million in the corresponding period in 2021. The nearly 482% increase was driven by a "significant" uptick in gas prices and a posit...

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