10-19
$10,000 in Woodside Energy shares: how the holding has performed
Woodside Energy shares rose 49% over the past 12 months. The company's average realised price climbed 20% year over year to US$74 per barrel of oil equivalent, even as total production fell 13% to 86.5 million barrels of oil equivalent. Net profit rose 27% to US$1.67 billion and free cash flow surged 159% to US$352 million, allowing the board to lift the interim dividend by 8% to 57 cents per share. The Scarborough project is 98% complete and remains on track to produce its first LNG in the fourth quarter of 2026.
10-19
10-12
Zip shares fall more than 50% despite record FY25 cash earnings
Zip Co Ltd (ASX: ZIP) shares have fallen more than 50% over the past year, but UBS sees the sell-off as a buying opportunity and points to sound fundamentals. In FY25 results released in mid-August, total income rose 24.6% to $1.35 billion, while record cash EBTDA climbed 57.9% to $268.9 million. Total transaction volume grew 27.2% to $16.7 billion, led by 42.5% growth in the US market. Net bad debts rose from 1.52% to 1.77%, in line with management's expectations.
10-12