Woodside Energy delivers $4.18 billion quarterly revenue

• Woodside Energy reported a 28% increase in second-quarter 2026 operating revenue to $4.18 billion, driven by a higher average realized price.
• Quarterly production volumes decreased 9% due to planned maintenance at Pluto Train 1 and cyclone impacts.
• The company stated its Sangomar project achieved near nameplate capacity, contributing to strong overall performance.

Woodside Energy Group (ASX:WDS) reported second-quarter 2026 operating revenue of $4.18 billion, a 28% increase from the prior quarter.

The revenue growth was supported by a strong average realized price of $85 per barrel of oil equivalent.

Quarterly production volumes reached 41.3 million barrels of oil equivalent, representing a 9% decline from the first quarter.

The drop in volume was attributed to planned maintenance at Pluto Train 1 and recovery efforts following recent cyclone impacts.

Following the announcement, Woodside Energy Group's share price was up at A$32.74.

The company highlighted that its Sangomar project delivered an average daily production of 99,000 barrels per day.

Woodside Energy stated that the Scarborough Energy Project was 98% complete and on track for its first LNG cargo in the fourth quarter of 2026.