WDS News: Woodside profit and dividend beat estimates, flags much interest for Driftwood stake sale - 27th Aug 2024, 2:16pm

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By Himanshi Akhand and Lewis Jackson

(Reuters) - Australia's Woodside Energy reported a 14% decline in half-year profit on Tuesday on lower oil prices but the result and its dividend came in better than market expectations, sending its shares 4% higher.

Chief Executive Meg O'Neill said there had been a flood of interest in the proposed sale of equity in Driftwood, a U.S. liquefied natural gas export project Woodside is set to own when it purchases U.S. LNG developer Tellurian for $1.2 billion ...

>>> Read more: Woodside profit and dividend beat estimates, flags much interest for Driftwood stake sale
 
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