Sign up now and fund within 24h to get A$10.
Claim It Now
Stake logo

Woodside Petroleum Limited

1 day chart

Get A$10 trading credit to start you off

Sign up and fund a new Stake AUS account and enjoy an extra A$10 trading credit on us.

Sign up and fund a new Stake AUS account and get A$10 bonus trading credit.

T&Cs apply
Claim now
Get A$10 trading credit to start you off

About WPL

Buy Australian shares starting with WPL. Invest today with a CHESS-sponsored investing platform!






Oil, Gas & Consumable Fuels



Market Capitalisation


Price-earnings ratio


Dividend yield


High today


Low today


Open price


52-week high


52-week low



What does Woodside Petroleum Limited (WPL) do and how does it earn money?

The short answer is oil and gas. The longer answer: Woodside Petroleum is an explorer, evaluator, developer, producer, marketer and seller of hydrocarbons throughout the Asia Pacific, Canada, Africa, and around the world. Meaning pipeline natural gas (PNG), liquefied natural gas (LNG), condensate, liquefied petroleum gas, and crude oil.

Founded in 1954 and headquartered in Perth, Woodside currently has four gargantuan hydrocarbon producing projects:

  • North West Shelf Project — Located in the north-west of Western Australia (WA), the project has been Australia’s biggest resource development project for 37 years. The project produces PNG and LNG from four assets: Karratha Gas Plant, North Rankin Complex, Goodwyn A Platform and the Angel Platform. Woodside’s stake is 16.67% shared with five other partners.

  • Pluto LNG — The Pluto LNG project processes gas from the offshore Pluto and Xena gas fields in WA. The project is underpinned by a long-term sales agreement with Kansai Electric and Tokyo Gas who both hold a 5% stake. The project comprises five assets including Pluto LNG, Pluto-A Offshore Platform, Pluto Operations Centre, Pluto Train 2 and Pluto-NWS Interconnector.

  • Australia Oil — Located offshore 50 kilometres north-west of Exmouth, WA, the project produces crude oil. As the operator, Woodside holds a 60% stake in the project, while Mitsui E&P Pty Ltd owns the remaining 40%. The project comprises two assets, the Ngujima-Yin Floating Production Storage and Offloading (FPSO) vessel and Okha FPSO vessel.

  • Wheatstone — The Wheatstone project processes gas from the offshore Wheatstone, Iago, Julimar and Brunello gas fields. The project consists of an offshore platform located 220km from Onslow in WA and is connected by a trunkline to an onshore plant consisting of two LNG trains, a domestic gas plant and associated infrastructure.

Woodside also has exploration, evaluation and development projects in Scarborough and Browse, Western Australia; Kitimat, Canada, for LNG, PNG and condensate; and Sangomar, Senegal for crude oil.

Is Woodside Petroleum a profitable company?

Yes, the company is profitable at this time. In FY2021, Woodside earned a full-year net profit after tax of $2.64b. The company’s free cash flow arrived at $4.86b.

However, in FY2020, the company recorded a net loss of $5.85b due to struggles brought about by the outbreak of COVID-19. Woodside stated:

“Our reported loss of US$4,028 million (A$5.85b) reflects major writedowns of our assets announced in July as the COVID-19 pandemic and dramatic oil price plunge created uncertainty in global markets and slashed our revenue.”

In FY2017, FY2018 and FY2019, Woodside earned a profit of $1.39b, $1.93b and $493.6m.

Is Woodside Petroleum a good investment?

Some investors are bullish on WPL stock as the company is financially strong and has paid dividends for decades (except in 2001 and 2002). While the company encountered a hiccup with heavy net losses in FY2020 due to COVID-19 impacts, it bounced back strong in FY2021.

Woodside also recently signed a binding share sale agreement with BHP Group (BHP). Woodside CEO Meg O’Neill stated:

“We will have the balance sheet, cash flow and financial strength to help fund planned developments in the near-term, invest in future energy opportunities and return value to our shareholders through the cycle."

Other investors continue to be wary of the effects of inflation, escalating interest rates, the war between Russia and Ukraine, geopolitical tensions between Australia and China and the possible decline of financial markets worldwide.

Does WPL stock pay dividends?

Yes, WPL stock pays dividends, usually twice a year. The company has been paying dividends since 1991, except for 2001 and 2002 when no distributions were made.

In 2021, Woodside paid a dividend of $0.153 in March and another dividend of $0.413 in September. The company’s March 2022 dividend payment was $1.46.

Woodside also offers owners of WPL stock a way to automatically reinvest distributions via a dividend reinvestment plan (DRP).

Who owns WPL stock?

The general public holds 71.5% of all WPL stock. They are followed by institutional investors that hold 27.7% of the float, private companies holding 0.7% and individual insiders who hold 0.04%.

Some institutions with the largest holdings include BlackRock (5.82%), The Vanguard Group (5.76%), Massachusetts Financial Services Company (0.68%), Dimensional Fund Advisors LP (0.58%), Geode Capital Management (0.56%), CPU Share Plans Pty Limited (0.49%), Alliance Bernstein L.P. (0.42%) and Invesco Ltd (0.35%).

How do I buy WPL stock?

Stake offers a quick and easy way to purchase WPL shares – along with 2,000+ other Australian stocks and ASX ETFs – for a brokerage fee of only A$3.

Stake is CHESS sponsored, meaning that when you buy ASX shares, you get a HIN (Holder Identification Number) and stocks are held in your name.

With Stake, you can be in the market in under 5 minutes, whether it's the ASX or Wall St. If you’re interested in building your portfolio by adding WPL, sign up today.

Ready to start your investing journey with Stake?

Open an account


Yes, the Stake platform allows you to buy WPL shares and over 12,000 stocks and ETFs across the ASX and Wall St.

One share of Woodside Petroleum Limited is valued at $28.99.

The ticker symbol for Woodside Petroleum Limited is WPL.

To buy WPL stocks in Australia you'll need to open an account with an investing platform like Stake.
To do so follow these steps:
  1. Sign up in minutes, all you need is some I.D.
  2. Choose Stake AUS
  3. Deposit directly into your Stake wallet and you're ready to invest in WPL

The Woodside Petroleum Limited 52-week high stock price is $NaN.

The Woodside Petroleum Limited 52-week low stock price is $NaN.

This does not constitute financial advice. You should do your own research before making an investment decision. Past performance is not a reliable indication of future performance. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.

Invest in WPL
on Stake

Buy WPL from AU$3 brokerage

Invest in 2,500+ Aussie stocks and ETFs

CHESS-sponsored ASX trades

Get started
Canstar award phone
WPL related stocks

Stake logo
Over 7,000 5-star reviews
App Store logoGoogle Play logo

Subscribe to our free newsletters

By subscribing, you agree to our Privacy Policy.

Stakeshop Pty Ltd, trading as Stake, ACN 610105505, is an authorised representative (Authorised Representative No. 1241398) of Sanlam Private Wealth Pty Ltd (Australian Financial Services Licence No. 337927) ('Sanlam') and an authorised representative (Authorised Representative No. 1241398) of Airwallex Pty Ltd (Australian Financial Services Licence No. 487221) ('Airwallex'). Stake is not authorised by Airwallex under Airwallex’s AFSL to arrange for clients to be issued with securities as Airwallex is not authorised under its AFSL for this purpose. Stake is not authorised by Sanlam under Sanlam’s AFSL to arrange for clients to be issued with a non-cash payment facility as Sanlam is not authorised under its AFSL for this purpose. Stake SMSF Pty Ltd (‘Stake Super’) is not licensed to provide financial product advice under the Corporations Act. This specifically applies to any financial products which are established if you instruct Stake Super to set up a self managed super fund (‘SMSF’). When you sign up to Stake Super, you are contracting with Stake SMSF Pty Ltd who will assist in the establishment of a SMSF under a ‘no advice model’. You will also be referred to Stakeshop Pty Ltd to enable your trading account and bank account to be set up in order to use the Stake Website and/or App. Stakeshop Pty Ltd will also run marketing and promotions to you under. For more information about SMSFs, see our SMSF Risks page.The information on our website or our mobile application is not intended to be an inducement, offer or solicitation to anyone in any jurisdiction in which Stake is not regulated or able to market its services. At Stake and Stake Super, we’re focused on giving you a better investing experience but we don’t take into account your personal objectives, circumstances or financial needs. Any advice given by Stake is of a general nature only. As investments carry risk, before making any investment decision, please consider if it’s right for you and seek appropriate taxation and legal advice. Please view our Financial Services GuideTerms & ConditionsPrivacy Policy and Disclaimers  before deciding to invest on or use Stake or Stake Super. By using our website or service in any way, you agree to our Privacy Policy and Terms & Conditions. All financial products involve risk and you should ensure you understand the risks involved as certain financial products may not be suitable to everyone. Past performance of any product described on this website is not a reliable indication of future performance. Stake and Stake Super are registered trademarks in Australia.

Copyright © 2024 Stake. All rights reserved.