WallStSmart
WDS

Woodside Energy Group Ltd

NYSE: WDS · ENERGY · OIL & GAS E&P

$24.00
+3.18% today

Updated 2026-04-29

Market cap
$43.23B
P/E ratio
16.90
P/S ratio
3.43x
EPS (TTM)
$1.42
Dividend yield
4.67%
52W range
$12 – $25
Volume
1.4M

Woodside Energy Group Ltd (WDS) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$24.00
Consensus
$—
2030 Target
DCF
$27.46
+31.72% MoS
14 analysts:
1 Buy1 Hold0 Sell

Management guidance

No specific revenue targets were disclosed by CEO Liz Westcott (appointed March 2026) or predecessor Meg O'Neill in available guidance. Management focus is on project delivery: Scarborough completion by Q4 2026, Pluto Train 2 expansion (additional 2.80 MMtpa LNG export capacity approved), Louisiana LNG 20% stake sale, and Trion Field Gulf of Mexico development (24-well drilling campaign underway). Production guidance: 198.8 MMboe achieved in 2025; softer outlook implied but no specific 2026-2030 production or revenue targets disclosed.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$176.88
Base case (2030)
$106.61
Bear case (2030)
$70.27

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)
Revenue$14.0B$13.2B$13.0B$13.3B$14.1B$15.2B$16.5B
Revenue growth-5.8%-1.5%2.5%5.8%7.9%8.6%
EPS$0.86$1.55$0.73$1.01$1.25$1.42
P/S ratio12.0x12.0x12.0x12.0x
Implied price$84.81$92.07$99.34$106.61

Catalysts & risks

Growth catalysts
+ Scarborough LNG project completion Q4 2026 (major production ramp)
+ Pluto Train 2 expansion adding 2.80 MMtpa LNG export capacity
+ Louisiana LNG 20% stake monetization (capital-light growth)
+ Trion Field Gulf of Mexico full-scale development (ultra-deepwater production)
+ Beaumont New Ammonia facility low-carbon production (delayed post-2026, new revenue stream)
+ Sustained global LNG demand from energy security concerns and Asian growth
+ Potential energy price recovery if geopolitical tensions ease or remain elevated
Key risks
- Project execution delays (Beaumont BNA already delayed, supply chain risks evident)
- Energy price headwinds (2025 NPAT down 24% on softer hydrocarbon prices)
- Regulatory and permitting delays on Trion and other development projects
- Operational disruptions (recent cyclone closures at Karratha LNG, Australian assets vulnerable)
- Transition risk: shareholder pressure on energy companies despite recent sentiment shift
- Valuation: Simply Wall St indicates 11% overvaluation vs. intrinsic value; limited upside if projects slip
- Analyst downgrade trend (Bernstein Buy→Hold Aug 2024, Citigroup Strong Sell→Hold Feb 2025)

Methodology

Woodside Energy Group Ltd's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 14 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.