Woodside fuelled up for more acquisitions

Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 21 & 26 : 19-Feb-15

Oil and gas producer Woodside Petroleum has posted a net profit of $US2.41bn for the 2014 calendar year, an increase of 38 per cent. The group’s underlying net profit of $US2.42bn was 42 per cent higher than previously, while revenue rose by 25 per cent to $US7.44bn. Shareholders will receive a final dividend of $US1.44 per share. CEO Peter Coleman says Woodside has sufficient capital to consider further large acquisitions should appropriate opportunities arise

CORPORATES
WOODSIDE PETROLEUM LIMITED – ASX WPL, APACHE ENERGY LIMITED, ALPHINITY INVESTMENT MANAGEMENT PTY LTD, MORGAN STANLEY AUSTRALIA LIMITED, CHEVRON CORPORATION, BERNSTEIN RESEARCH

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