PERTH, November 15, 2026 — Woodside Energy secured a long‑term LNG supply agreement with QatarEnergy for its planned Louisiana LNG project, while the company trimmed near‑term renewable‑capital spending.
QatarEnergy Deal Anchors US Expansion
The supply contract ties QatarEnergy’s gas to Woodside’s Louisiana facility, slated to start deliveries in 2030. The agreement gives the Australian producer a reliable feedstock source for its first major US project, expanding its export footprint beyond the North West Shelf Venture.
CEO Courts US Investors on LNG Track Record
CEO Liz Westcott has been meeting US investors, emphasizing Woodside’s 35 years of LNG operating experience and the value‑creation potential of new projects, according to Bloomberg.
Financial Snapshot and Market Reaction
Woodside reported 2025 operating revenue of US$12.9 billion, underlying profit of US$2.65 billion and earnings of US$1.43 per share. The shares closed at A$30.74, down 4.89 % over the past month and 6.22 % over three months, but up 29.92 % year‑to‑date. Analyst fair‑value estimates of A$36.60 suggest the stock trades at a meaningful discount.
Energy Sector Rotation Boosts ASX Performance
The energy sector added 1.53 % to the ASX 200 for the week ending November 15, helping the index post a third consecutive positive week. Woodside was listed among the energy producers contributing to the rally alongside BHP and Rio Tinto.
Long‑Term LNG Outlook Versus Clean‑Energy Pressure
Global demand for LNG is projected to remain robust as emerging markets expand gas‑fired power generation and as a transition fuel for decarbonisation. Woodside’s focus on LNG reflects this outlook, even as investors and regulators push for greater clean‑energy investment. The company’s scaling back of near‑term renewable spending underscores the tension between long‑term market fundamentals and short‑term policy pressures.
Analyst Ratings and Price Targets
24/7 Wall St. rates Woodside a BUY with a 12‑month target of US$25.94, implying a 23.1 % upside from the current price. Its longer‑term model projects an average 2030 price of US$31.95, a potential 51.6 % return.
Next Steps
Woodside will continue to advance the Louisiana LNG project while monitoring commodity price trends and regulatory developments that could affect its renewable‑investment pipeline.
Sources
- Woodside Energy
- Woodside Energy CEO Liz Westcott Discusses US LNG Development, Investor Outreach
- Woodside Energy Group (ASX:WDS), What Is Behind The Fresh Attention?
- ASX 200 Coming Off Three Week Run: What To Expect Next – The Bull
- WDS Stock Price Prediction 2026-2027 | Woodside Energy Group Forecast | 24/7 Wall St.
Photo: Markus Kammermann / Unsplash (Unsplash License)
