Original article by Paul Garvey
The Australian – Page: 19 : 17-Aug-17
Woodside Petroleum has posted a 2017 interim net profit of $US507m, which is 49 per cent higher than previously. Shareholders will receive a half-year dividend of $US0.49 per share, an increase of 44 per cent. Meanwhile, CEO Peter Coleman has indicated that Woodside would be interested in increasing its stake in the North West Shelf project if some of its partners opt to sell down their interest in it as the LNG plant begins shifting its focus to toll-treating gas from third parties.
CORPORATES
WOODSIDE PETROLEUM LIMITED – ASX WPL, MACQUARIE GROUP LIMITED – ASX MQG