ASX:WPL Archives - Money Morning Australia

16/01/2021

Stock Trader’s Corner — Oil and Gas Stocks Come to Life

I keep telling members of my service that the market moves in cycles. I see an opportunity developing in oil and gas stocks, a sector which is recovering from a heart-stopping plunge last year during the COVID crash...

Lachlann Tierney

23/09/2019

Woodside Share Price Up as Oil Price Gets Small Boost

With the price of WTI standing at US$58.70 a barrel and edging up 1.21% at time of writing, major oil producer Woodside Petroleum Ltd [ASX:WPL] got a comparable bounce of 1.02%, trading at $32.63. It has been a tough year for the Woodside share price...

Selva Freigedo

17/09/2019

Woodside Share Price Rises as Oil Spikes

Shares for Woodside Petroleum Ltd [ASX:WPL] are up 6% since last Friday after a sudden spike in oil prices. Woodside is the largest independent oil and gas company in Australia. Shares for Woodside are trading at $33.26 today, at time of writing.

Ryan Dinse

24/07/2019

Oil Search Share Price up 1.58% on Oil Price Surge

Oil Search Ltd [ASX:OSH] shares were up by over 1.5% this morning, following a sharp spike in oil prices overnight. The price of gold might be down, but Australia’s energy sector appears to be clearly leading the charge...

Ryan Clarkson-Ledward

06/06/2019

Falling Oil Prices Drags Down Woodside Petroleum Share Price| ASX:WPL

Oil prices have continued to fall with West Texas Intermediate crude entering a bear market and Brent briefly tumbling below US$60 after US petroleum inventories ballooned.As a result many Australian oil shares have been under pressure with...

Ryan Clarkson-Ledward

25/03/2019

ASX Market Sheds $22 billion in Value as Big Four Banks Suffer

This morning, the ASX market wiped as much as $22 billion off of its value, as nervous traders shied away from global market slumps. Currently, the S&P/ASX200 index is down 1.21% or 74.9 points to 6120.30.

Lachlann Tierney

21/02/2019

Santos Share Price Down, but Results Reveal Strong Cash Flow

It has been a solid 12-month period for the stock. The latest news out of the company is its full-year results, which reveal improved cash flow and growth in reserves.

Lachlann Tierney

14/02/2019

Woodside Share Price Up On Full Year Results, Improved Dividend

The latest news out of the company is its full-year results — which missed analyst estimates, but still revealed improved profit, which was underlined by an improved dividend.

Lachlann Tierney

08/02/2019

Beach Energy, Santos and Woodside Down as Oil Price Takes a Hit

Of the ASX oil stocks, Beach Energy was the worst hit, down 9.95%, trading at $1.63. These moves mirror the decline in oil price, with WTI Crude down 0.51% today — trading at $52.37.

Money Morning Editorial

13/09/2018

Surges in Oil Price Supports Santos Ltd’s Share Price By 2.67%

Santos shares rose 2.6% yesterday, following a sharp spike in oil prices. The comanpy has had a promising year in general. Earlier this year, they issued a new and attractive dividend policy designed to pay out in these intermittent oil price booms.