EarningsSales volumes of 45.9Mboe came in 5% below consensus, leading to revenue of US$2.97b, which was also 5% below consensus of US$3.1b.
Financial PerformanceWoodside reported 1Q24 results with production of 44.9MMboe, which was 3% below consensus.
Regulatory RisksPotential regulatory risk from the Senegalese government's announced audit of oil and gas contracts remains a key focus.