REPORTING SEASON: Woodside Petroleum (WPL)

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Figure 1: Woodside Petroleum 12 month chart

Woodside Petroleum (WPL) has released its 1H13 results.

Woodside’s Underlying NPAT for the half was US$852Million broadly in line with the market’s view when adjusted for the impairment of its Enfield LNG field and higher than expected finance costs, partially offset by lower shipping fees and costs.

WPL posted a 1H dividend of US$0.83, below market expectations, payable on the 25th of September 2013.

 

You can see all of CommSec’s reporting season analysis by clicking here.

Juliana Roadley, Market Analyst,