• Like
  • Comment
  • Favorite

Shares of Woodside Energy Group Fall as Shell Mulls Sales of Stake in North West Shelf JV

MT Newswires Live09-05

Shares of Woodside Energy Group (ASX:WDS) fell 1% in recent Friday trade after the Australian Financial Review reported late Thursday that Shell Australia is considering a sale of its 16.67% stake in the North West Shelf liquefied natural gas joint venture in Western Australia, in which the company is an operator and has a 33.3% stake.

In response to a request for comment from MT Newswires, Shell's spokesperson said the company assesses its portfolio to inform disciplined capital allocation.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

empty
No comments yet
 
 
 
 

Most Discussed

 
 
 
 
 

7x24