BUZZ-Australia's Woodside Energy rises after Morningstar turns upbeat on rising energy prices
Woodside Energy Group Ltd Sponsored ADR WDS | 0.00 | |
Morningstar, Inc. MORN | 0.00 |
Updates
** Shares of Australia's Woodside Energy WDS.AX rise as much as 1.7% to A$34.190
** Morningstar leans towards WDS on near-term increase in energy prices amid the Middle-East conflict
** Says "Woodside is unique among Australian energy companies"
** Brokerage places bets on co's LNG project developments, off-take agreements with Asian blue-chip energy companies
** Upgrades earnings per share estimates for 2026 by 109% to $2.09/share, 2027 EPS by 90% to $2.52/share
** Five of 13 analysts rate the stock "Buy" or higher, six "Hold", and two "Sell" or lower; their median PT is A$30 - data compiled by LSEG
** Stock up 42.5% YTD
