WallStSmart
WDS

Woodside Energy Group Ltd

NYSE: WDS · ENERGY · OIL & GAS E&P

$21.57
-4.39% today

Updated 2026-06-05

Market cap
$41.29B
P/E ratio
15.30
P/S ratio
3.14x
EPS (TTM)
$1.42
Dividend yield
5.16%
52W range
$14 – $25
Volume
1.0M

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

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

Research-backed WDS price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$21.57
Today
Analyst consensus
$—
· 12M
2030 Base
future
NPV today
@ WACC
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

WDS · Woodside Energy Group Ltd · Revenue & price projection · 2023–2030E

Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
NPV today:
Base case (2030)
NPV today:
Bull case (2030)
NPV today:
WallStSmart.com

WDS financial forecast · Research-backed projections

Metric20252026 (E)2027 (E)2028 (E)2029 (E)
Revenue$13.0B$13.3B$14.1B$15.2B$16.5B
Revenue growth-1.5%2.5%5.8%7.9%8.6%
Net margin
EPS$1.55$0.73$1.01$1.25$1.42
Diluted shares
Net debt
P/S multiple2.0x2.0x2.0x2.0x
Implied price (base)$84.81$92.07$99.34$106.61
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.

WDS catalysts and 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 2030 stock forecast model

Woodside Energy Group Ltd 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 14 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:

1. Share dilutionProjected from per-ticker schedule of SBC + equity raise activity, compounding year by year (-100% cumulative for WDS by 2030)
2. Net debtEV minus net debt yields equity value; debt projected from capex cycle trajectory ( by 2030)
3. Time valueNPV calculated using WACC (sector fallback)
4. Multiple frameworkP/S compresses with scale: bear / base / bull
5. Scenario designBull/Base/Bear vary revenue, margin, shares, debt, and multiple independently

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

WDS price target FAQ

What is the analyst consensus on WDS stock?

14 analysts cover WDS with an average 12-month price target of $—. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.