Woodside Petroleum Full-Year Profit Drops 41%

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Woodside Petroleum
WOPEY
reported a 41% drop in its full-year profit. Woodside's net profit for the year declined to US$1.75 billion, from a year-ago profit of US$2.98 billion. Its underlying profit slipped 17% to US$1.70 billion, versus analysts' estimates of US$1.80 billion. Woodside raised its final dividend payout to US$1.03 per share versus A$0.65 per share. Woodside shares closed at $35.03 yesterday.
Posted In: EarningsNewsprofit
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