Woodside Energy Group (LON:WDS) Sets New 52-Week Low – Time to Sell?

Woodside Energy Group Ltd (LON:WDS)’s share price reached a new 52-week low on Wednesday . The company traded as low as GBX 12.38 ($0.16) and last traded at GBX 1,260 ($15.99), with a volume of 91644 shares traded. The stock had previously closed at GBX 1,248 ($15.84).

Woodside Energy Group Stock Up 1.0 %

The firm has a market cap of £23.94 billion, a price-to-earnings ratio of 1,702.70 and a beta of 0.74. The business’s 50-day simple moving average is GBX 1,258.67 and its two-hundred day simple moving average is GBX 1,360.51.

Woodside Energy Group Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, October 3rd. Investors of record on Thursday, September 5th were paid a dividend of $0.69 per share. This represents a yield of 3.92%. The ex-dividend date of this dividend was Thursday, September 5th. This is an increase from Woodside Energy Group’s previous dividend of $0.60. Woodside Energy Group’s dividend payout ratio (DPR) is currently 13,378.38%.

About Woodside Energy Group

Woodside Energy Group Ltd engages in the exploration, evaluation, development, production, and marketing of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe. The company produces liquefied natural gas, pipeline gas, crude oil and condensate, and natural gas liquids. It holds interests in the Pluto LNG, North West Shelf, Wheatstone and Julimar-Brunello, Bass Strait, Ngujima-Yin FPSO, Okha FPSO, Pyrenees FPSO, Macedon, Shenzi, Mad dog, Greater Angostura, as well as Scarborough, Sangomar, Trion, Calypso, Browse, Liard, Atlantis, Woodside Solar opportunity, and Sunrise and Troubadour.