0014 GMT - Woodside Energy's sales revenue likely fell 7% to US$3.06 billion in 3Q when compared to the previous three months, says RBC Capital Markets. The forecast decline reflects lower contract pricing of liquefied natural gas and flat LNG spot pricing, analyst Gordon Ramsay says. Still, he expects slightly higher realized oil pricing, increased LNG hub sales and solid seasonal pipeline gas sales cushioned the quarterly revenue fall. "We expect Sangomar oil production to remain high over 3Q from a combination of good reservoir performance and high facility availability, despite Woodside's guidance for production decline to start over the period," says RBC, referring to Woodside's oil project in Senegal. Overall, RBC estimates Woodside produced 48.9 million barrels of oil equivalent in 3Q, with sales volumes totaling 50.6 million BOE. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
October 08, 2025 20:14 ET (00:14 GMT)
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