Woodside Energy Group (OTCMKTS:WOPEY) Shares Cross Below 200 Day Moving Average – Here’s What Happened

by · The Cerbat Gem

Woodside Energy Group Ltd (OTCMKTS:WOPEYGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $16.18 and traded as low as $15.6150. Woodside Energy Group shares last traded at $15.62, with a volume of 543,998 shares traded.

Woodside Energy Group Price Performance

The company has a quick ratio of 1.55, a current ratio of 1.63 and a debt-to-equity ratio of 0.36. The firm has a 50 day moving average price of $16.25 and a 200-day moving average price of $16.18.

Woodside Energy Group Company Profile

(Get Free Report)

Woodside Energy Group (OTCMKTS:WOPEY) is Australia’s largest independent energy company, specializing in the exploration, development and production of oil and natural gas resources. The company’s core operations span both conventional and liquefied natural gas (LNG) projects, underpinned by key assets such as the North West Shelf Project and the Pluto LNG plant. Woodside’s portfolio encompasses upstream activities from seismic surveying and drilling to long-term supply agreements that serve major energy markets in the Asia-Pacific region.

In addition to its traditional oil and gas ventures, Woodside Energy Group has diversified into emerging energy solutions, including hydrogen production and carbon capture initiatives.

Read More