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Woodside posts huge $US4b loss – The Australian Financial Review
Woodside Petroleum slumped to a $US4.03 billion ($5.2 billion) net loss for 2020 dragged down by weighty write-downs taken in the June half, while underlying earnings…
Woodside Petroleum slumped to a $US4.03 billion ($5.2 billion) net loss for 2020 dragged down by weighty write-downs taken in the June half, while underlying earnings slumped more than 50 per cent.
Before one-time items, earnings slipped to $US447 million from more than $US1 billion in 2019, despite record full-year production of 100.3 million barrels.
Our disciplined balance sheet management has safeguarded Woodsides financial resilience and positioned us to take advantage of emerging growth opportunities…
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