Royal Bank of Canada upgraded shares of Woodside Energy Group (NYSE:WDS – Free Report) to a moderate buy rating in a research report released on Tuesday morning, Zacks.com reports.
Separately, Macquarie raised shares of Woodside Energy Group to a strong-buy rating in a research note on Sunday, June 23rd.
Check Out Our Latest Analysis on WDS
Woodside Energy Group Stock Performance
Institutional Investors Weigh In On Woodside Energy Group
Hedge funds have recently added to or reduced their stakes in the business. Rothschild Investment LLC acquired a new stake in Woodside Energy Group during the 2nd quarter worth approximately $29,000. GAMMA Investing LLC acquired a new stake in shares of Woodside Energy Group in the 4th quarter valued at $30,000. Russell Investments Group Ltd. raised its holdings in shares of Woodside Energy Group by 54.3% in the 1st quarter. Russell Investments Group Ltd. now owns 1,710 shares of the company’s stock valued at $34,000 after purchasing an additional 602 shares in the last quarter. Hexagon Capital Partners LLC raised its holdings in shares of Woodside Energy Group by 399.8% in the 4th quarter. Hexagon Capital Partners LLC now owns 2,019 shares of the company’s stock valued at $43,000 after purchasing an additional 1,615 shares in the last quarter. Finally, Whittier Trust Co. raised its holdings in shares of Woodside Energy Group by 25.1% in the 2nd quarter. Whittier Trust Co. now owns 3,063 shares of the company’s stock valued at $58,000 after purchasing an additional 615 shares in the last quarter. 3.17% of the stock is currently owned by institutional investors and hedge funds.
About Woodside Energy Group
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.
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