Citi lowers PT for Woodside Energy amid uncertainties over its Louisiana LNG stake sale

ReutersApr 7, 2025 6:54 PM

Analysts at Citi say uncertainty remains around how Woodside Energy WDS.AX plans to achieve a 12% internal rate of return at its Louisiana LNG project

WDS agreed on Monday to sell a 40% stake in its LNG project to Stonepeak for $5.7 billion

Citi lowers PT for Woodside to A$20.50/shr from A$24.00/shr, reflecting "tariff-driven macro risk"

Deal helps reduce funding pressure for WDS's other growth projects, though it also introduces longer-term exposure to potential cost overruns - brokerage

Five of 13 analysts rate stock "buy" or higher and eight rate "hold"; their median PT is A$27.0/shr, according to data compiled by LSEG

Stock down 21.8% YTD, as of last close

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