Woodside Energy Group (NYSE:WDS) Upgraded at Bank of America

Bank of America upgraded shares of Woodside Energy Group (NYSE:WDS) from a neutral rating to a buy rating in a report released on Wednesday, MarketBeat Ratings reports.

Woodside Energy Group Trading Down 2.1 %

NYSE WDS opened at $15.24 on Wednesday. The company’s 50-day simple moving average is $15.61 and its two-hundred day simple moving average is $16.55. Woodside Energy Group has a one year low of $14.34 and a one year high of $21.38. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.24 and a quick ratio of 1.09.

Institutional Trading of Woodside Energy Group

A number of hedge funds have recently bought and sold shares of WDS. FMR LLC raised its position in shares of Woodside Energy Group by 92.2% in the 3rd quarter. FMR LLC now owns 2,023,151 shares of the company’s stock worth $34,879,000 after acquiring an additional 970,640 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Woodside Energy Group by 0.7% in the second quarter. Dimensional Fund Advisors LP now owns 869,713 shares of the company’s stock worth $16,360,000 after purchasing an additional 6,267 shares in the last quarter. Associated Banc Corp lifted its position in shares of Woodside Energy Group by 0.6% during the third quarter. Associated Banc Corp now owns 842,490 shares of the company’s stock valued at $14,525,000 after buying an additional 5,067 shares during the last quarter. Millennium Management LLC lifted its position in shares of Woodside Energy Group by 10.6% during the second quarter. Millennium Management LLC now owns 505,380 shares of the company’s stock valued at $9,506,000 after buying an additional 48,278 shares during the last quarter. Finally, XY Capital Ltd grew its position in shares of Woodside Energy Group by 554.0% in the 3rd quarter. XY Capital Ltd now owns 334,833 shares of the company’s stock worth $5,773,000 after buying an additional 283,633 shares during the last quarter. Hedge funds and other institutional investors own 3.17% of the company’s stock.

Woodside Energy Group Company Profile

Woodside Energy Group Ltd engages in the exploration, evaluation, development, production, and marketing of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe. The company produces liquefied natural gas, pipeline gas, crude oil and condensate, and natural gas liquids. It holds interests in the Pluto LNG, North West Shelf, Wheatstone and Julimar-Brunello, Bass Strait, Ngujima-Yin FPSO, Okha FPSO, Pyrenees FPSO, Macedon, Shenzi, Mad dog, Greater Angostura, as well as Scarborough, Sangomar, Trion, Calypso, Browse, Liard, Atlantis, Woodside Solar opportunity, and Sunrise and Troubadour.