Woodside Petroleum Half Year Result 19 Aug 16: WPL profits halve as energy prices slide
CommSec

Woodside Petroleum Half Year Result 19 Aug 16: WPL profits halve as energy prices slide

2016-08-19
Woodside Petroleum (WPL), has posted a better than expected half-year net profit of $340m. While the energy group’s earnings were boosted by a 9% lift in production & cost efficiencies, profits fell by 50% mainly due to lower energy prices.  This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Au...
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