Woodside Registers Double Digit Growth in Revenues

  • Jan 16, 2020 AEDT
  • Team Kalkine

Woodside Petroleum Limited (ASX: WPL) reported an increase in production and sales revenue of fourth quarter of 2019, as compared to the third quarter of 2019, driven by strong performance from Greater Enfield.

  • The company delivered production of 25.7 MMboe, up 3% from the previous quarter;
  • The company registered revenue growth of 12% to $1,304 million as compared to previous quarter;
  • The company is targeting increased production in 2020 after the successful execution of near-term growth projects.

At AEDT 12:56PM the stock was trading at $35.940 per share, up by 0.391% from its previous close.

 

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