Woodside achieves highest quarterly sales

Woodside reveals its highlights for the last quarter include increased sales revenue, alongside the execution of the merger with BHP and approved final investment decisions (FID) for the Scarborough and Pluto Train 2 projects.

Woodside chief executive Meg O’Neill noted strong revenue was supported by increased product pricing, with the company recording US$2.85 billion in sales (AU$3.94 billion) – an 86 per cent jump from the previous quarter.

“The 86 per cent increase in sales revenue for the quarter was underpinned by a 22 per cent increase in sales volume as well as significantly stronger average realised prices,” said O’Neill.

Path Investments plc (LON:PATH) is an energy investment company, and is focused on making investments in the energy sector on a global basis. The company seeks to create value for its shareholders through acquisitions, joint ventures or direct interests in energy businesses or associated projects.

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