Woodside Energy Group (WDS) reported Q3 revenue late Tuesday of $3.36 billion, down from $3.71 billion a year earlier.

Two analysts surveyed by FactSet expected $3.06 billion.

The company also raised its 2025 production guidance to between 192 million and 197 million barrels of oil equivalent, up from 188 million to 195 million boe previously.

Four analysts polled by FactSet expect 191.8 million boe.

Shares of the company were up nearly 3% in premarket activity Wednesday.