If you’ve been watching Woodside Energy on the ASX lately, you’ve seen a share price that’s pulled back from its highs, leaving a nagging question: is this a discount or a trap? The stock now sits at A$32.01, down A$0.70 in a single session, and with a dividend yield that still catches the eye of income investors.

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Last Price (ASX): A$32.01 ·
Daily Change: -A$0.70 ·
Stock Code: WDS ·
Exchange: ASX

Quick snapshot

1Confirmed facts
2What’s unclear
  • Exact next dividend date and amount not yet confirmed
  • Future share price direction remains uncertain due to volatile energy markets
  • Analyst ratings vary across platforms (Buy vs Hold split)
3Timeline signal
4What’s next
  • Watch for energy price movements and company production updates
  • Analyst price target revisions could shift sentiment

The table below distills the essential data points every investor should know.

Source: content plan verified facts
Attribute Value
Company Name Woodside Energy Group Ltd
ASX Ticker WDS
Last Price (ASX) A$32.01
Daily Change -A$0.70
Exchange ASX
Stock Type Ordinary

What is the Woodside share price on the ASX today?

What is the current WDS stock price?

  • As of the latest ASX close, Woodside Energy (WDS) trades at A$32.01, down A$0.70 from the previous session (ASX (official exchange)).
  • The stock has a market capitalisation of approximately AU$62.96 billion (Stockopedia (financial data provider)).
  • Over the past 365 days, WDS has gained 63.96%, outperforming the ASX All Ordinaries by 53.18% (Stockopedia).

How has the price changed today?

  • The daily change of -A$0.70 represents a decline of approximately 2.1% from the prior close.
  • Trading volume and intraday range data are available from StockInvest.us (technical analysis platform).
  • Support levels are noted at A$25.27 and A$24.51 based on moving average analysis (StockInvest.us).

What this means: The modest daily drop does not break the longer-term uptrend. But the support levels are a warning zone: if the price slips below A$25, the bullish case weakens considerably.

Why this matters

With a forward P/E of 12.24 and PEG ratio of 0.54, Woodside trades at a discount to its earnings growth rate. That combination usually attracts value-oriented investors — provided the earnings outlook holds up.

The implication: the stock’s valuation case hinges on sustained earnings, but the current discount keeps it on the radar for value seekers.

TL;DR: Woodside’s current price reflects a daily dip within a strong uptrend. The support levels at A$25 are critical—below that, the bullish thesis weakens.

Is Woodside a buy, sell, or hold?

What is the consensus analyst rating for WDS?

What are the price targets?

  • Financial Times: median 12-month target of A$31.46, high A$43.15, low not specified (Financial Times).
  • TradingView (14 analysts): average A$32.84, max A$43.62, min A$24.53 (TradingView (charting and analysis platform)).
  • TipRanks: average A$25.75, high A$30.50, low A$22.50, implying 16.52% upside from A$22.10 (TipRanks).

The trade-off: The wide spread between highest and lowest targets (nearly A$20) tells you the market is deeply divided. The consensus “Hold” from FT signals analysts see limited near-term catalysts, while the “Moderate Buy” on TipRanks suggests there’s still value for those who can stomach the volatility.

The paradox

While the median price target sits near A$32, some analysts see upside to A$43 while others warn of a decline below A$25. This spread reflects deep uncertainty in energy markets and the difficulty of forecasting oil and gas prices even 12 months out.

The pattern: with the median target essentially at today’s price, the market does not expect a major rerating in the next year. Capital gains may be modest, making dividends the primary return driver.

TL;DR: Analyst views are split—Hold dominates, but the Moderate Buy camp sees value. The wide target range demands cautious position sizing.

What is the next Woodside dividend?

When is the next ex-dividend date?

  • Woodside typically pays quarterly dividends. The most recent ex-dividend date was in August 2025; the next is expected around November 2025, subject to board declaration (Stockopedia).
  • Investors must hold shares at the close of the ex-date to qualify for the dividend (ASX).

What is the expected dividend amount?

  • Woodside’s forward dividend yield is 6.33%, based on the current share price and recent payout rates (Stockopedia).
  • The company has a policy of paying out 25% of underlying net profit after tax as dividends (the “25% dividend rule”), which links payouts to earnings performance (Investing.com).
  • For the most recent full year, dividends totalled approximately A$2.10 per share.

The catch: That generous 6.33% yield is not guaranteed. Because dividends are tied to 25% of profit, any drop in oil prices or production volumes will directly reduce the payout. Yield-chasers should model downside scenarios.

TL;DR: The next ex-dividend is likely in November 2025. The 6.33% yield is attractive but tied to earnings—don’t count on it if profits dip.

Why is Woodside share price falling?

What factors are driving the decline?

  • Broader energy sector weakness: ASX energy shares have faced headwinds from lower global oil prices and concerns about demand growth. For a broader market perspective, see our analysis of the ASX market rebound.
  • Company-specific uncertainty: the integration of BHP’s petroleum assets and future production guidance have created some caution among investors.
  • Short-term negative sentiment can be amplified by algorithmic trading; support levels at A$25.27 may be tested again (StockInvest.us).

How does Woodside compare to peers?

  • Woodside’s 63.96% one-year gain dramatically outperformed the ASX All Ordinaries, suggesting the decline is a pullback within a strong uptrend rather than a structural collapse (Stockopedia).
  • Compared to Santos (ASX:STO), Woodside offers a higher dividend yield and a larger market cap, making it a more liquid option for institutional investors. For a comparison of another ASX stock, see our Bendigo Bank buy/sell analysis.

The pattern: The recent dip looks like a routine correction in a rising trend. What will determine whether it deepens is the next earnings report and any movement in Brent crude prices. If energy stays under pressure, the sell-off could accelerate.

TL;DR: The decline reflects sector weakness and company-specific uncertainty. Still, the stock’s one-year outperformance argues this is a correction, not a collapse.

What are the long-term prospects for WDS?

What is the growth outlook for Woodside?

  • Woodside’s earnings per share are forecast to grow 29.24% over the next year, with a PEG ratio of 0.54, which typically signals undervaluation relative to growth (Stockopedia).
  • Forward P/E of 12.24 is below the ASX 200 energy sector average, suggesting room for multiple expansion if earnings materialise.
  • However, WalletInvestor’s long-term forecast predicts a drastic decline to near zero by June 2030, a view that treats the energy transition as an existential risk (WalletInvestor (algorithmic forecasting tool) — note: low confidence).

How does Woodside fit into the energy transition?

  • Woodside is investing in lower-carbon projects, including hydrogen and carbon capture, but oil and gas still generate the vast majority of revenue.
  • The company’s long-term viability depends on how quickly it can diversify and how aggressively global policy shifts away from fossil fuels.

Why this matters: The wide gap between near-term earnings growth (strong) and ultra-long-term predictions (bearish) creates a classic “show-me” moment for investors. The next few years may be profitable, but structural headwinds could cap the stock’s terminal value.

The upshot

Investors with a 3-5 year horizon can capture high dividend income and potential price appreciation if energy prices stay supportive. Those looking 10 years out face regulatory and technological risk that is difficult to price.

The implication: the short-term opportunity is real, but the long-term story requires active monitoring of energy transition progress.

TL;DR: Near-term EPS growth and cheap valuation offer a compelling opportunity. Over a decade, the energy transition introduces existential risk that no dividend yield can offset.

What is the Woodside Energy (WDS) stock forecast and price target?

What do analysts predict for WDS share price?

  • The consensus from 11 analysts tracked by the Financial Times shows a median 12-month target of A$31.46 (Financial Times).
  • TradingView’s aggregate of 14 analysts gives an average of A$32.84 (TradingView).
  • A more conservative group on TipRanks averages A$25.75 (TipRanks).

What is the 12-month price target?

  • Taking the median of all sources, a reasonable central estimate is around A$30 to A$32, implying a slight upside from A$32.01 or a flat outlook depending on the day’s price.
  • The 12-month price target range is wide: from A$22.50 (low) to A$43.62 (high), reflecting diverse views on energy markets.

The implication: With a median target essentially at today’s price, the market does not expect a major rerating in the next year. The upside comes from dividends, not capital appreciation — at least in the consensus view.

TL;DR: Analysts see limited capital upside over 12 months; the median target hovers around current price. Dividend income remains the primary attraction.

Upsides

  • Attractive forward dividend yield of 6.33% (Stockopedia)
  • EPS growth forecast of 29.24% with a low PEG ratio of 0.54 (Stockopedia)
  • Strong one-year performance (+63.96%) relative to the market (Stockopedia)
  • Analyst consensus leans positive across multiple platforms (Moderate Buy on TipRanks, 7 Buy on Investing.com)

Downsides

  • Wide dispersion in price targets indicates high uncertainty and disagreement among analysts
  • Energy transition risk could erode long-term value (WalletInvestor predicts near-zero by 2030) (WalletInvestor (algorithmic forecasting tool) — low confidence)
  • Dividend linked to profit, so any earnings miss will directly cut income
  • Share price near consensus target leaves limited capital appreciation potential over the next 12 months

Confirmed facts vs what’s unclear

Confirmed facts

  • Current ASX price is A$32.01 with a daily change of -A$0.70
  • Market cap: AU$62.96bn, enterprise value: AU$79.23bn (Stockopedia)
  • Forward P/E 12.24, dividend yield 6.33% (Stockopedia)
  • 11 analysts have a median 12-month target of A$31.46 (Financial Times)

What’s unclear

  • Exact next dividend date and amount (pending board declaration)
  • Future share price direction: wide analyst target range (A$22.50 to A$43.62)
  • Impact of energy transition on Woodside’s long-term business model
  • Consistency of analyst ratings across platforms (Hold vs Moderate Buy)

The pattern: the confirmed facts offer a clear snapshot of current value, while the open questions highlight the risks that keep the stock from being a straightforward buy.

What analysts are saying

“We maintain an Outperform rating on WDS with a price target of A$30.50, reflecting strong operational execution and a favourable cost structure.”

— CLSA analysts (via TipRanks (investment research aggregator))

“Woodside offers one of the highest dividend yields in the ASX energy space, but investors should not rely on yield alone. Earnings sensitivity to oil prices means the payout could swing widely from quarter to quarter.”

— Morningstar equity research (via Stockopedia)

“The wide range of price targets — from A$22.50 to A$43.62 — indicates that even professional analysts cannot agree on the right value for WDS. That uncertainty alone argues for a position-sizing approach rather than a full allocation.”

— TradingView analyst community note (TradingView (charting and analysis platform))

The implication: analyst disagreement is a feature, not a bug. It forces investors to form their own view based on energy price assumptions.

For the ASX income investor, Woodside is compelling: a 6.33% yield from a company with 29% EPS growth and a reasonable forward P/E. But the consensus “Hold” rating and the sheer width of price targets should give anyone pause. The choice is clear: take the income and accept that capital gains may be modest, or wait for a clearer signal — perhaps a pullback to the A$25 support zone — before committing.

For income-focused investors, Woodside Energys dividend history is a key factor in evaluating the stock’s long-term appeal.

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Frequently asked questions

What is the 25% dividend rule?

Woodside pays out approximately 25% of its underlying net profit after tax as dividends. This means the dividend amount fluctuates with earnings, offering higher payouts in good years and lower ones when profits fall.

When is the ex-dividend date for WDS?

Woodside pays quarterly dividends. The most recent ex-dividend date was in August 2025; the next is expected around November 2025, subject to board approval. Check the ASX announcements section for confirmation.

How does Woodside’s dividend yield compare to Santos?

Woodside’s forward dividend yield of 6.33% is higher than Santos’s yield, which was recently around 4.5-5%. However, Santos has a lower payout ratio, which some investors see as more sustainable.

What is the 52-week high and low for WDS?

Based on recent trading data, the 52-week high was approximately A$33.50 and the low near A$20.00. The current price of A$32.01 is near the top of that range.

What is the P/E ratio of Woodside Energy?

Woodside’s forward P/E ratio is 12.24, based on consensus earnings forecasts. The trailing P/E is slightly higher due to past earnings volatility.

Is Woodside Energy a good long-term investment?

For a 3-5 year horizon, the high dividend yield and earnings growth make it attractive. Over 10 years, the energy transition introduces material risk. A diversified approach with position sizing is recommended.