Woodside Ltd SEC Filings

Woodside Energy Group Ltd has released its 2026 Notice of Annual General Meeting, to be held on 23 April 2026 at 10:00am (AWST) in Perth and online. Shareholders will vote on re‑electing four directors, electing Mark Cutifani, adopting the 2025 Remuneration Report, approving a FY26 long‑term incentive grant for new CEO and Managing Director Liz Westcott, and increasing the non‑executive director fee pool by A$500,000 to A$5,175,000.

The LTI grant for Liz totals 275,834 Performance Rights, including a 119,926 top‑up linked to her CEO appointment, with a three‑year performance period and additional two‑year service condition. Woodside highlights 2025 results including NPAT of $2.7 billion, EBITDA of $9.3 billion, free cash flow of $1.9 billion, dividends of $2.1 billion (112 US cps), record annual production of 198.8 MMboe, and delivery of its 2025 net equity Scope 1 and 2 emissions reduction target, 15% below its base.

Woodside Energy Group Ltd has appointed Mr Mark Cutifani CBE as an independent non-executive Director, effective 19 March 2026. The company highlights his four decades of leadership across major global resource companies and experience in restructuring, turnarounds and performance improvement.

He will serve on Woodside’s Audit & Risk, Sustainability and Nominations & Governance Committees and will stand for election as a Director at the 2026 Annual General Meeting on 23 April 2026, with the Board recommending shareholders vote in favour. An accompanying initial Director’s Interest Notice records no relevant securities held as registered holder.

Woodside Energy Group Ltd provides a detailed update on its 2025 sustainability strategy, governance and performance at its 2026 Sustainability Briefing. Acting CEO Liz Westcott stresses that sustainability is central to long-term shareholder value and integrated into capital allocation, risk management and executive remuneration.

The company reports a 15% reduction in net equity Scope 1 and 2 greenhouse gas emissions from a 6.27 Mt CO2-e starting base, supported by retiring 1,283 kt CO2‑e of carbon credits. Woodside recorded zero high-consequence injuries in 2025, one Tier 1 process safety event and conducted its first psychosocial risk assessment.

Woodside adds Social and Economic Impact as a fifth material topic for 2026, highlighting almost A$25 billion in Australian taxes, royalties and levies since 2011, more than A$246 million in social investment over ten years and over $9.3 billion of goods and services spend in 2025. Management also outlines strong LNG demand fundamentals, more than 75 million tonnes of recently signed long-term LNG sales agreements and about 75% of 2026–2028 LNG volumes already contracted, while reaffirming its 2030 Scope 1 and 2 and $5 billion, 5 Mtpa CO2‑e Scope 3 investment and abatement targets. The Beaumont New Ammonia project has commenced conventional ammonia production, with lower-carbon ammonia now expected after 2026 due to delays at a third‑party feedstock facility.

Woodside Energy Group Ltd reported routine equity incentive changes. On 9 March 2026, 11,183 WDS ordinary fully paid shares were transferred following the exercise or conversion of unquoted rights held by executive Daniel Kalms under the company’s Executive Incentive Scheme, satisfied from existing quoted securities.

Separately, on 6 March 2026, 16,154 unquoted WDSAB performance rights lapsed because vesting conditions were not met, with no consideration paid. Following these adjustments, the company shows 1,901,100,143 WDS ordinary fully paid shares on issue on ASX, plus several classes of unquoted rights and performance rights.

Woodside Energy Group Ltd has issued new unquoted rights under its employee incentive schemes, primarily for key management personnel. The filing notes a total of 643,995 WDSAL rights to be issued or transferred, each entitling the holder to one fully paid ordinary share subject to vesting conditions, with no amount payable on vesting.

Individual allocations include awards to senior executives such as Daniel Kalms, Mark Abbotsford, Graham Tiver and Elizabeth Westcott. Following these grants, quoted ordinary shares total 1,901,100,143 as WDS ordinary fully paid shares, while unquoted WDSAL rights on issue stand at 11,932,215.

Woodside Energy Group Ltd filed a Form 6-K to provide the market with updated director shareholding information via an ASX Appendix 3Y announcement for its non-executive directors. The notice details changes and current interests mainly under the Non-Executive Directors’ Share Plan.

Non-executive director Ian Elgin Macfarlane acquired 170 ordinary shares through an on-market purchase by the plan trustee. After this change he holds 1,250 directly held ordinary shares and 14,196 ordinary shares indirectly. Non-executive director Benjamin Sana Wyatt now holds 8,583 ordinary shares indirectly under the plan and 1,800 ordinary shares directly, following an on-market purchase by the trustee.

The filing also records Appendix 3Y notices for non-executive directors Lawrence (Larry) Eben Archibald, Ashok Belani, Arnaud Francis Pierre Philippe Breuillac, Swee Chen Goh and Angela Arthur Minas, confirming their relevant interests in Woodside securities and noting that no trades occurred during a closed period.

Woodside Energy Group Ltd filed its annual Form 20‑F for the year ended 31 December 2025, outlining its global oil and gas operations, risk framework and reserves position. The company reported proved reserves of 1,882.1 MMboe, after producing 211.4 MMboe in 2025, including fuel used in operations.

Proved undeveloped reserves were 1,238.5 MMboe, with about 88% scheduled for development within five years of initial disclosure, and significant projects in Australia, the Gulf of Mexico, Senegal, Mexico and Trinidad and Tobago. Woodside details capitalised oil and gas assets of over $79.7 billion before depreciation and explains its use of non‑IFRS measures like EBITDA and free cash flow.

The filing devotes substantial space to risk factors, covering health and safety, environmental and climate transition risks, operational and joint‑venture risks, growth project execution (including Louisiana LNG and new energy), social licence, people and culture, financial management, market volatility, and cybersecurity. It also provides SEC‑compliant reserve reconciliations, capital and development spending by region, and governance around reserves estimation.

Woodside Energy Group Ltd reported full-year 2025 results showing revenue of $12,984 million, down slightly from 2024, and net profit after tax of $2,718 million, a 24% decline. Record annual production of 198.8 MMboe and EBITDA of $9,277 million underpinned strong cash generation and free cash flow of $1,889 million.

The Board determined a fully franked final dividend of 59 US cents per share, taking total 2025 dividends to 112 US cents, around 80% of second-half underlying profit. Gearing remained within target at 18.2%, liquidity was $9,262 million, and net equity Scope 1 and 2 emissions were 15% below the stated starting base.

Woodside Energy Group reported its 2025 year-end reserves and resources, underscoring the scale and longevity of its portfolio. At 31 December 2025, remaining proved (1P) reserves were 1,882.1 MMboe, proved plus probable (2P) reserves were 2,999.5 MMboe, and 2C contingent resources were 5,795.7 MMboe.

Woodside produced 211.4 MMboe in 2025 and now has a proved reserves life of 8.9 years and a proved plus probable reserves life of 14.2 years at 2025 production levels. Excluding divestments and production, proved reserves increased by 134.1 MMboe and 2P reserves by 141.0 MMboe, driven by strong reservoir performance in Australia, Senegal and the US and project sanctions such as Greater Western Flank 4, Turrum Phase 3 and Atlantis expansion. The company invested about US$3.2 billion in 2025 to progress undeveloped reserves to developed status, mainly at Scarborough and Trion.