Woodside Energy has outlined plans to increase its annual net operating cash flow to approximately $US9 billion by the early 2030s. The strategy, revealed at its 2025 Capital Markets Day, will be supported by disciplined capital management and a portfolio of significant growth projects. Woodside Energy is an Australian oil and gas company. It explores, develops, produces, and supplies energy to customers in Australia and internationally.
According to chief executive Meg O’Neill, the company’s long-term strategy focuses on optimising performance from its existing operations while developing cash-generating projects and exploring future energy opportunities. O’Neill emphasised the company’s strong financial position and world-class assets as key investment drivers.
The company anticipates a compound annual growth rate exceeding 6 per cent in both sales and cash flow from 2024. This growth trajectory is expected to facilitate a 50 per cent increase in dividend per share from 2032. Key projects contributing to this growth include the Beaumont New Ammonia project, slated for its first output this year, and the Scarborough Energy Project, which is expected to commence LNG shipments in the latter half of 2026. The Trion oil field in Mexico is targeting a 2028 start-up, with Louisiana LNG aiming to commence operations in 2029.
O’Neill noted the increasing global demand for LNG, which is projected to grow by 60 per cent by 2035. She said Woodside’s expanding presence in both the Atlantic and Pacific basins, along with its marketing and trading capabilities, positions the company to effectively meet customer demands in the evolving energy landscape.
