Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  AUSTRALIAN SECURITIES EXCHANGE LIMITED  >  Woodside Petroleum Limited    WPL   AU000000WPL2

End-of-day quote. End-of-day quote  - 09/29
28.45 AUD   +7.28%
09/27 WOODSIDE PETROL : 27.09.2016 Appendix 3Y (Coleman)
09/14 ROYAL DUTCH SHE : stake in Woodside Petroleum `held for sale`
09/11 WOODSIDE PETROL : buys gas field stake
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Woodside Petroleum Takes Up To US$140 Million Impairment

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/18/2013 | 02:24am CEST
   By Ross Kelly 
 

SYDNEY--Woodside Petroleum Ltd. (>> Woodside Petroleum Limited) said Thursday that early design work on projects that were never built will shave up to US$140 million from its first-half profit.

Australia's second-biggest oil company by output behind BHP Billiton Ltd. (>> BHP Billiton Limited) said it expects to book an impairment charge of between US$120 million and US$140 million for the six months to June 30. Last year, Woodside booked a first-half profit of US$812 million.

The blow is partly related to the cost of early design work on an expansion of its Pluto gas-export plant in Western Australia state, which was later put on ice after Woodside failed to enough gas in an expensive drilling campaign.

Costs associated with planning the development of the Laverda oil discovery, also offshore Western Australia, contributed to the writedown, Woodside said.

Separately, the company said oil production fell 0.6% to 20 million barrels of oil equivalent in the three months to June 30. Quarterly revenue fell 6% to US$1.35 billion due to a longer-than-expected shutdown of its Vincent oil production facility.

Write to Ross Kelly at ross.kelly@wsj.com

Stocks mentioned in the article : Woodside Petroleum Limited, BHP Billiton Limited
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on WOODSIDE PETROLEUM LIMITED
09/27 WOODSIDE PETROLEUM : 27.09.2016 Appendix 3Y (Coleman)
09/14 ROYAL DUTCH SHELL A : stake in Woodside Petroleum `held for sale`
09/11 WOODSIDE PETROLEUM : buys gas field stake
09/09 WOODSIDE PETROLEUM : Q2 Sales Revenues Down On Weak Prices, Production Rises
09/05 Why Would Woodside Want Scarborough?
09/05 Woodside & BHP Strike Major Deal On Scarborough Gas Field
09/05DJWOODSIDE PETROLEUM : Energy Companies Bet on Longer-Term Demand, Despite Low Pri..
09/05 TOP NEWS : BHP Sells Australian Assets To Woodside For USD400 Million
09/05 WOODSIDE PETROLEUM : agrees to acquire half of BHPBs Scarborough assets
09/04DJWoodside Buying BHP Billiton Gas Assets Off Western Australia
More news
Sector news : Oil & Gas Exploration and Production - NEC
03:37pDJU.S. HOT STOCKS : Hot Stocks to Watch
09/28DJCanada Gives Conditional Approval to Petronas's LNG Terminal
09/27DJAGL Energy Adds Oil Search's CEO to its Board
09/27 When deals go bad - China state firm managers spooked by new liability rules
09/26 BofA to pay $15.5 million fines for causing 'mini-flash crashes'
More sector news : Oil & Gas Exploration and Production - NEC
News from SeekingAlpha
09/15 ROYAL DUTCH SHELL : An Unsustainable Dividend
09/06 Woodside Petroleum to buy half of BHP's assets in Australian gas field
08/23 ConocoPhillips partner says it has pre-emption right over Senegal asset
08/19 Woodside Petroleum reports H1'16 results
08/19 Woodside Petroleum's (WOPEF) CEO Peter Coleman on Q2 2016 Results - Earnings ..
Advertisement
Financials ($)
Sales 2016 3 891 M
EBIT 2016 1 306 M
Net income 2016 847 M
Debt 2016 4 546 M
Yield 2016 4,02%
P/E ratio 2016 19,65
P/E ratio 2017 15,60
EV / Sales 2016 5,57x
EV / Sales 2017 5,06x
Capitalization 17 127 M
More Financials
Chart WOODSIDE PETROLEUM LIMITED
Duration : Period :
Woodside Petroleum Limited Technical Analysis Chart | WPL | AU000000WPL2 | 4-Traders
Full-screen chart
Technical analysis trends WOODSIDE PETROLEU...
Short TermMid-TermLong Term
TrendsBearishBullishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 23,2 $
Spread / Average Target 14%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Peter John Coleman Chief Executive Officer, MD & Executive Director
Michael Alfred Chaney Chairman
Michael Utsler Chief Operating Officer
Lawrence John Tremaine Chief Financial Officer & Executive Vice President
Shaun Gregory Senior VP-Strategy, Science & Technology
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
WOODSIDE PETROLEUM LIM..-7.03%17 127
OCCIDENTAL PETROLEUM C..6.35%54 926
CNOOC LTD13.33%53 367
CONOCOPHILLIPS-9.66%52 240
EOG RESOURCES INC32.73%51 738
CANADIAN NATURAL RESOU..39.56%34 681
More Results