Financial PerformanceWoodside reported 1Q24 results with production down 7% QoQ and sales volumes 5% below consensus leading to revenue falling short of expectations.
Market DynamicsThe global LNG market faces oversupply risk from 2025, which may pressure prices and affect profitability for producers.
Regulatory RisksFacing regulatory risk in Senegal, where Sangomar comprises 16% of Woodside's Net Asset Value, potentially impacting the company's financial health.