Woodside Energy Shares Dip to A$28.62 After Oil Pulls Back; Company Says No Exxon Talks
Woodside Energy Group shares closed at A$28.62 on Thursday, down 1.2%. The stock hit its session low at the close, bringing its two-day loss to about 4.7%. Volume was 6.6 million shares. Woodside shares slid as outside forces hit the stock. The S&P/ASX 200 Energy index shed 1.16% on Thursday, with investors cutting earnings forecasts for oil firms. Woodside supplies a lot of liquefied natural gas, or LNG, which is natural gas cooled into a liquid for shipping.