Woodside Could Set Expectations for 2026 Output in 4Q Report -- Market Talk

Dow Jones01-19 06:01

2201 GMT - Woodside Energy's 4Q report next week could include maiden production guidance for 2026. Macquarie expects annual output of 179.2 million BOE, as Woodside aims to start up the Scarborough natural-gas project in the second half of 2026. Still, Macquarie's estimate is some 3% below consensus forecasts. Macquarie lists several swing factors, including decline rates at the Sangomar oil field in Senegal that has been a strong performer for Woodside so far. It also identifies the timing of first LNG from Scarborough and the speed at which the project ramps up in 2H. Macquarie recently pushed back the timing of Woodside's planned asset swap with Chevron asset swap to the end of March, from December.(david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

January 18, 2026 17:01 ET (22:01 GMT)

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