Australian energy companies Santos and Woodside Energy reported declines in their quarterly revenues. Santos experienced a decrease due to lower production and volumes, while Woodside Energy's revenue fell to $2.97 billion, a 12% drop from the previous quarter, attributed to lower LNG and oil prices. Woodside's production was reported at 44.9 million barrels of oil equivalent (MMBOE), and the company has maintained its full-year guidance.
Woodside revenue falls from prior quarter on lower LNG, oil prices #oott https://t.co/fYqwMb2xpr
Woodside revenue falls from prior quarter on lower LNG, oil prices https://t.co/8zb1YlfvF0 https://t.co/H907otcowR
Woodside Revenue Falls on Lower Prices, Volumes https://t.co/FKvo1oCKL7
Woodside Energy Q1 24 Earnings: - Sales Rev $2.97B, -12% Q/Q - Production 44.9 MMBOE - Full Year Guidance Remains Unchanged
#Australia's Santos posts fall in quarterly revenue on lower production, volumes #oott https://t.co/Q3tptpHWBx
Australia's Santos posts fall in quarterly revenue on lower production, volumes https://t.co/fLpMRVGx1N https://t.co/UlQxc659OH