The Woodside Energy Group Ltd (ASX: WDS) share price is the centre of attention today after revealing its FY25 report.
Woodside is one of the larger global oil and gas businesses. It has operations in Asia Pacific, North America and Africa.
Woodside FY25 result
Here are some of the main highlights from the 12 months to 31 December 2025:
- Operating revenue declined 1% to US$13 billion
- EBITDA (EBITDA explained) was flat at US$9.28 billion
- Underlying net profit declined 8% to US$2.65 billion
- Net profit fell 24% to US$2.7 billion
- Operating cashflow grew 23% US$7.2 billion
- Free cashflow soared 745% to US$1.9 billion
- Final dividend up 11% to US$0.59 per share
- Full-year dividend down 8% to US$1.12 per share
What happened?
The company’s operations delivered increased volume, with sales volume growing 4% to 212.2 million barrels of oil equivalent (MMboe).
Its good operations helped delivered reduced unit production costs to US$7.8 per barrel of oil equivalent (BOE), reflecting “cost discipline”.
However, on the negative side, the average realised price declined 5% to US$60.2 per BOE.
Project progress
The business said that during the period, it took a positive final investment decision (FID) on Louisiana LNG with a lump-sum turn-key Bechtel EPC contract.
It also added Stonepeak and Williams as strategic partners for Louisiana LNG, with Woodside’s expected total capital expenditure now US$9.9 billion.
The ASX energy share said that it refined its portfolio through the Greater Angostura divestment and progress the Chevron asset swap.
It also said that it commenced first production at Beaumont New Ammonia.
Woodside also said that it has continued project execution of Scarborough and Trion, which were 94% and 50% complete respectively by the end of 2025, which will support future production and long-term revenue generation.
The business also reported that it achieved its 2025 target of a 15% reduction in net equity scope 1 and 2 greenhouse gas emissions. It also said it’s on track to meet its 2030 target.
Outlook for the Woodside share price
The company said that oil demand is forecast to remain resilient as the world’s energy mix evolves. Heavy transport and petrochemical sectors, that are hard to change their fuel source, remains “strong” for oil demand.
On liquefied natural gas (LNG), the business said that there is forecast long-term structural demand growth, supported by economic expansion in emerging Asian markets.
Periods of LNG demand and supply imbalance are expected to be transitory compared to the forecast demand.
Environmental concerns aside, Woodside continues to perform strongly with its operations and pay large dividends. It could be attractive if energy demand continues rising, which it seemingly may do.
During periods of energy price weakness, it could be one of the ASX dividend shares to consider.
