Woodside Posts Record 1H Profit
OREANDA-NEWS. August 25, 2014. Woodside has achieved a record half-year reported net profit after tax (NPAT) of USD 1.105 billion, underpinned by record production of 46.5 MMboe and record operating revenue of USD 3.551 billion for the period.
Financial headlines for 1H 2014
Record half-year operating revenue of USD 3.551 billion, up 24% on 1H 2013. This reflected higher realised prices due to the transition to the new Pluto pricing regime and higher sales volumes primarily attributed to an entire half of Vincent production, which came back online in Q4 2013 and increased reliability at Pluto and North West Shelf.
Record half-year reported NPAT of USD 1.105 billion, up 27% on 1H 2013. The increase in NPAT was supported by higher prices, higher sales volumes, no impairment losses and lower exploration and evaluation expenses.
Record half-year underlying NPAT of USD 1.136 billion 1, up 33% on 1H 2013.
Earnings per share (EPS) on a reported basis of 134 cps, up 27% from 1H 2013 (106cps). Underlying EPS increased 33% to 138 cps.
Record interim dividend of 111 cents per share, up 34% on 1H 2013.
Positive free cash flow of US\\$1.825 billion, up 158% on 1H 2013, with USD 2.7 billion in cash and US\\$1.6 billion in undrawn facilities available to fund growth. August 25, 2014. Woodside has achieved a record half-year reported net profit after tax (NPAT) of USD 1.105 billion, underpinned by record production of 46.5 MMboe and record operating revenue of USD 3.551 billion for the period.
Financial headlines for 1H 2014
Record half-year operating revenue of USD 3.551 billion, up 24% on 1H 2013. This reflected higher realised prices due to the transition to the new Pluto pricing regime and higher sales volumes primarily attributed to an entire half of Vincent production, which came back online in Q4 2013 and increased reliability at Pluto and North West Shelf.
Record half-year reported NPAT of USD 1.105 billion, up 27% on 1H 2013. The increase in NPAT was supported by higher prices, higher sales volumes, no impairment losses and lower exploration and evaluation expenses.
Record half-year underlying NPAT of USD 1.136 billion 1, up 33% on 1H 2013.
Earnings per share (EPS) on a reported basis of 134 cps, up 27% from 1H 2013 (106cps). Underlying EPS increased 33% to 138 cps.
Record interim dividend of 111 cents per share, up 34% on 1H 2013.
Positive free cash flow of US\\$1.825 billion, up 158% on 1H 2013, with USD 2.7 billion in cash and US\\$1.6 billion in undrawn facilities available to fund growth. August 25, 2014. Woodside has achieved a record half-year reported net profit after tax (NPAT) of USD 1.105 billion, underpinned by record production of 46.5 MMboe and record operating revenue of USD 3.551 billion for the period.
Financial headlines for 1H 2014
Record half-year operating revenue of USD 3.551 billion, up 24% on 1H 2013. This reflected higher realised prices due to the transition to the new Pluto pricing regime and higher sales volumes primarily attributed to an entire half of Vincent production, which came back online in Q4 2013 and increased reliability at Pluto and North West Shelf.
Record half-year reported NPAT of USD 1.105 billion, up 27% on 1H 2013. The increase in NPAT was supported by higher prices, higher sales volumes, no impairment losses and lower exploration and evaluation expenses.
Record half-year underlying NPAT of USD 1.136 billion 1, up 33% on 1H 2013.
Earnings per share (EPS) on a reported basis of 134 cps, up 27% from 1H 2013 (106cps). Underlying EPS increased 33% to 138 cps.
Record interim dividend of 111 cents per share, up 34% on 1H 2013.
Positive free cash flow of US\\$1.825 billion, up 158% on 1H 2013, with USD 2.7 billion in cash and US\\$1.6 billion in undrawn facilities available to fund growth.
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