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Woodside sets out a higher-return plan backed by LNG growth
8:59am on Thursday 5th of November, 2026 AEDT
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Oil and Gas
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Woodside sets out a higher-return plan backed by LNG growth
8:59am on Thursday 5th of November, 2026 AEDT
Key Points
Portfolio ROACE target of 12% to 15% by the mid-2030s
20% base dividend allocation, with up to another 20% for dividends or buybacks
More than US$40 billion of adjusted operating cash flow targeted from 2027 to 2032
US$400 million of annual structural cost reductions targeted from 2028
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