Woodside Posts Surge In Annual Profit
Woodside Petroleum (OTC: WOPEY) reported a strong rise in its annual net profit.
Woodside's net profit for the year surged to US$2.98 billion, from US$1.51 billion, in the year-ago period.
Its underlying profit climbed 25% to US$2.06 billion, versus estimates of US$1.97 billion.
Woodside shares closed at $39.40 yesterday.
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