Woodside Energy Group (NYSE:WDS) Upgraded to “Hold” at Wall Street Zen

Wall Street Zen upgraded shares of Woodside Energy Group (NYSE:WDS) from a sell rating to a hold rating in a research note published on Monday morning.

Separately, Weiss Ratings restated a “hold (c-)” rating on shares of Woodside Energy Group in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Woodside Energy Group has a consensus rating of “Moderate Buy”.

Woodside Energy Group Stock Performance

Shares of Woodside Energy Group stock opened at $15.91 on Monday. The company has a current ratio of 1.90, a quick ratio of 1.74 and a debt-to-equity ratio of 0.31. The stock has a 50 day moving average price of $16.14 and a 200-day moving average price of $16.17. Woodside Energy Group has a one year low of $11.26 and a one year high of $17.70.

Institutional Trading of Woodside Energy Group

Several institutional investors and hedge funds have recently made changes to their positions in the business. Jane Street Group LLC grew its holdings in shares of Woodside Energy Group by 33.4% in the second quarter. Jane Street Group LLC now owns 511,605 shares of the company’s stock worth $7,894,000 after purchasing an additional 128,226 shares during the last quarter. ABC Arbitrage SA boosted its position in Woodside Energy Group by 6.7% in the 3rd quarter. ABC Arbitrage SA now owns 315,639 shares of the company’s stock valued at $4,750,000 after buying an additional 19,716 shares during the period. Hourglass Capital LLC grew its stake in Woodside Energy Group by 15.1% in the 2nd quarter. Hourglass Capital LLC now owns 310,814 shares of the company’s stock worth $4,796,000 after acquiring an additional 40,704 shares in the last quarter. Creative Planning increased its position in shares of Woodside Energy Group by 33.3% during the third quarter. Creative Planning now owns 248,636 shares of the company’s stock worth $3,742,000 after acquiring an additional 62,088 shares during the period. Finally, Hsbc Holdings PLC bought a new stake in shares of Woodside Energy Group during the second quarter valued at approximately $2,606,000. 3.17% of the stock is currently owned by institutional investors.

Woodside Energy Group Company Profile

Woodside Energy Group (NYSE: WDS) is an Australia-based energy company focused on the exploration, development, production and marketing of oil and natural gas, with a strong emphasis on liquefied natural gas (LNG). The company’s activities span the upstream value chain, including exploration and appraisal of hydrocarbon resources, development and operation of production facilities, and the sale and delivery of hydrocarbons to global customers.

Woodside’s operations center on conventional oil and gas projects and large-scale LNG processing and export, supported by project management, engineering and commercial trading capabilities.