Woodside Bear Thinks Investors May Turn Too Bullish on Dividend -- Market Talk

Dow Jones

2024/10/16

2327 GMT - Woodside Energy's 3Q revenue came in 6% ahead of Citi's estimates, but the bank worries investors might become overly optimistic about the 2H dividend. Woodside reported revenue of $3.68 billion, above Citi's $3.5 billion forecast. "We had forecast the strong LNG production but realized pricing was still below our estimates despite the high percentage sold on spot," analyst James Byrne says. Citi also notes that capex guidance has also improved to $4.2 billion-$5.2 billion. "From an earnings and dividend perspective, we caution that brokers may still underestimate Sangomar unit depreciation and amortization, which could see consensus 2H dividend upgraded today more than it should," says Citi, referring to Woodside's newest oil project, in Senegal. It has a "sell" call on Woodside's stock. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

October 15, 2024 19:27 ET (23:27 GMT)

应版权方要求，你需要登录查看该内容

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2475617376"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2475617376\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2475617376?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-16 07:27","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2475617376","market":"sh","top_or_hot":-1,"title":"Woodside Bear Thinks Investors May Turn Too Bullish on Dividend -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  2327 GMT - Woodside Energy's 3Q revenue came in 6% ahead of Citi's estimates, but the bank worries investors might become overly optimistic about the 2H dividend. Woodside reported revenue of $3.68 billion, above Citi's $3.5 billion forecast. \"We had forecast the strong LNG production but realized pricing was still below our estimates despite the high percentage sold on spot,\" analyst James Byrne says. Citi also notes that capex guidance has also improved to $4.2 billion-$5.2 billion. \"From an earnings and dividend perspective, we caution that brokers may still underestimate Sangomar unit depreciation and amortization, which could see consensus 2H dividend upgraded today more than it should,\" says Citi, referring to Woodside's newest oil project, in Senegal. It has a \"sell\" call on Woodside's stock. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 15, 2024 19:27 ET (23:27 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Woodside Bear Thinks Investors May Turn Too Bullish on Dividend -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWoodside Bear Thinks Investors May Turn Too Bullish on Dividend -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-10-16 07:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  2327 GMT - Woodside Energy's 3Q revenue came in 6% ahead of Citi's estimates, but the bank worries investors might become overly optimistic about the 2H dividend. Woodside reported revenue of $3.68 billion, above Citi's $3.5 billion forecast. \"We had forecast the strong LNG production but realized pricing was still below our estimates despite the high percentage sold on spot,\" analyst James Byrne says. Citi also notes that capex guidance has also improved to $4.2 billion-$5.2 billion. \"From an earnings and dividend perspective, we caution that brokers may still underestimate Sangomar unit depreciation and amortization, which could see consensus 2H dividend upgraded today more than it should,\" says Citi, referring to Woodside's newest oil project, in Senegal. It has a \"sell\" call on Woodside's stock. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 15, 2024 19:27 ET (23:27 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WDS","symbol_name":"Woodside Energy Group Ltd","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2475617376","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2475617376","pubTimestamp":1729034820,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2327 GMT - Woodside Energy's 3Q revenue came in 6% ahead of Citi's estimates, but the bank worries investors might become overly optimistic about the 2H dividend. Woodside reported revenue of $3.68 billion, above Citi's $3.5 billion forecast. \"We had forecast the strong LNG production but realized pricing was still below our estimates despite the high percentage sold on spot,\" analyst James Byrne says. Citi also notes that capex guidance has also improved to $4.2 billion-$5.2 billion. \"From an earnings and dividend perspective, we caution that brokers may still underestimate Sangomar unit depreciation and amortization, which could see consensus 2H dividend upgraded today more than it should,\" says Citi, referring to Woodside's newest oil project, in Senegal. It has a \"sell\" call on Woodside's stock. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"WDS":"Woodside Energy Group Ltd","BK4211":"区域性银行","BK7142":"石油与天然气的勘探与生产","BK4213":"石油与天然气的勘探与生产","ISBC":"投资者银行","WDS.AU":"WOODSIDE ENERGY GROUP LTD"},"translate_title":"伍德赛德熊认为投资者可能会对股息过于乐观——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ISBC":1,"WDS":0.9,"WDS.AU":0.9},"content_text":"2327 GMT - Woodside Energy's 3Q revenue came in 6% ahead of Citi's estimates, but the bank worries investors might become overly optimistic about the 2H dividend. Woodside reported revenue of $3.68 billion, above Citi's $3.5 billion forecast. \"We had forecast the strong LNG production but realized pricing was still below our estimates despite the high percentage sold on spot,\" analyst James Byrne says. Citi also notes that capex guidance has also improved to $4.2 billion-$5.2 billion. \"From an earnings and dividend perspective, we caution that brokers may still underestimate Sangomar unit depreciation and amortization, which could see consensus 2H dividend upgraded today more than it should,\" says Citi, referring to Woodside's newest oil project, in Senegal. It has a \"sell\" call on Woodside's stock. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 15, 2024 19:27 ET (23:27 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}