Woodside achieves $7.4 billion revenue, marking 13% growth

• Woodside Energy Group (NYSE:WDS) reported H1 2026 operating revenue of $7.446 billion, up 13% from H1 2025.
• The company delivered NPAT of $1.672 billion, EBITDA of $4.647 billion, and declared a 57 US cent interim dividend.
• Woodside continued progress on Scarborough, Trion, and Louisiana LNG projects while maintaining 2026 capital discipline.

Woodside Energy Group (NYSE:WDS) reported first-half 2026 operating revenue of $7.446 billion, up 13% year over year, with net profit after tax of $1.672 billion and continued progress across major energy projects.

The company produced 478 thousand barrels of oil equivalent per day (Mboe/d), or 86.5 million barrels of oil equivalent (MMboe), compared with prior-year performance as it maintained high asset reliability across its LNG operations.

Woodside reported underlying NPAT of $1.334 billion, EBITDA of $4.647 billion from its underlying base business, operating cash flow of $3.013 billion, and free cash flow of $352 million, while liquidity reached $8.189 billion.

The company declared a fully franked interim dividend of 57 US cents per share and reported gearing of 20.6%, which was outside its 10% to 20% target range due to $655 million in new lease liabilities, $419 million in net cash outflow from hedge settlements, and a $101 million increase in trade receivables.

Meanwhile, Woodside continued construction progress across its project portfolio, with the Scarborough Energy Project 98% complete, Trion 64% complete, and Louisiana LNG 28% complete as of the reporting period.

The company also completed its Pluto planned turnaround campaign on schedule and within budget, with more than 400,000 hours worked and zero lost-time injuries during the activity.