Woodside Energy Group Ltd (NYSE:WDS)
$ 18.71 0.13 (0.7%) Market Cap: 35.97 Bil Enterprise Value: 40.52 Bil PE Ratio: 22.13 PB Ratio: 1.06 GF Score: 77/100
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Q2 2020 Woodside Petroleum Ltd Production Report Call Transcript

Jul 14, 2020 / 11:30PM GMT
Release Date Price: $15.03 (+2.11%)
Operator

Thank you for standing by, and welcome to the Woodside Petroleum Limited market update. (Operator Instructions)

I would now like to hand the conference over to Mr. Peter Coleman, CEO and Managing Director. Please go ahead.

Peter John Coleman
Woodside Petroleum Ltd - CEO, MD & Executive Director

Good morning, everyone, and thanks for joining me on the call. Our CFO, Sherry Duhe, is with me this morning as well.

This morning, we posted the Q2 results, and it shows that Woodside has maintained safe and reliable operations through what is really an unprecedented, challenging time and of course, during that period, delivered record production. Production was 7% higher than the previous quarter of 25.9 million barrels oil equivalent contributing to a record first half production of 50.1 million barrels of oil equivalent. That's a great result anytime, and it's even more impressive when you consider it was achieved at a time when the COVID-19 pandemic forced us to dramatically change the way we work for both our operational assets and our

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