Woodside Energy Reports Record Output Amid Lower 2026 Outlook
Woodside Energy posted record quarterly output and revenue but lowered its 2026 production guidance due to planned maintenance and project timing.
Insights:
Woodside Energy Group Ltd reported a record fourth-quarter output of 198.8 million barrels of oil equivalent (boe) and stronger-than-expected December-quarter revenue. However, the company simultaneously flagged a lower production outlook for 2026, attributing this to planned maintenance and a major turnaround at its Pluto LNG project, as well as the timing of new volumes from the Scarborough Energy Project.
