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Woodside Energy plans to generate over $40 billion in adjusted operating cash flow between 2027 and 2032

Oilprice.com +2 · ·by G4L

WDS Woodside Energy Group Ltd ADR
$21.07 +0.48%
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  1. 1Woodside Energy announced plans to generate over $40 billion in adjusted operating cash flow between 2027 and 2032.
  2. 2Woodside announced an annual structural cost savings target of $400 million starting from 2028.
  3. 3Woodside announced a new dividend framework including a shareholder distribution capacity of between 20% and 40% of adjusted operating cash flow.

So what's the key point?

Woodside Energy stated that it will earn more than $40 billion in cash over the next few years. The company plans to reduce costs and distribute a portion of its earnings to shareholders.

Source Oilprice.com +2 · View original ↗

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