NINE MASTS CAPITAL Ltd Takes $533,000 Position in Woodside Energy Group Ltd $WDS

NINE MASTS CAPITAL Ltd bought a new stake in shares of Woodside Energy Group Ltd (NYSE:WDS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 34,317 shares of the company’s stock, valued at approximately $533,000.

Several other hedge funds have also added to or reduced their stakes in WDS. Geneos Wealth Management Inc. boosted its position in Woodside Energy Group by 111.3% during the first quarter. Geneos Wealth Management Inc. now owns 2,092 shares of the company’s stock valued at $30,000 after buying an additional 1,102 shares during the period. Rothschild Investment LLC boosted its holdings in Woodside Energy Group by 137.7% during the 2nd quarter. Rothschild Investment LLC now owns 2,073 shares of the company’s stock valued at $32,000 after acquiring an additional 1,201 shares during the period. MAI Capital Management boosted its holdings in Woodside Energy Group by 206.6% during the 2nd quarter. MAI Capital Management now owns 2,287 shares of the company’s stock valued at $35,000 after acquiring an additional 1,541 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in Woodside Energy Group by 38.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,317 shares of the company’s stock worth $36,000 after acquiring an additional 646 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in Woodside Energy Group by 105.5% in the 2nd quarter. GAMMA Investing LLC now owns 2,723 shares of the company’s stock worth $42,000 after purchasing an additional 1,398 shares during the period. 3.17% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Wall Street Zen lowered Woodside Energy Group from a “hold” rating to a “sell” rating in a research note on Saturday, November 22nd. Weiss Ratings reissued a “hold (c)” rating on shares of Woodside Energy Group in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Woodside Energy Group has a consensus rating of “Moderate Buy”.

Woodside Energy Group Trading Up 1.2%

NYSE:WDS opened at $16.45 on Friday. The company has a current ratio of 1.90, a quick ratio of 1.74 and a debt-to-equity ratio of 0.31. The firm’s fifty day simple moving average is $15.79 and its 200 day simple moving average is $15.93. Woodside Energy Group Ltd has a twelve month low of $11.26 and a twelve month high of $17.70.

Woodside Energy Group 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.