Woodside Energy Group Ltd Reports Positive Financial Developments

Woodside Energy Group Ltd has reported its net tangible asset (NTA) backing per share, which has increased to $43.35 as of 31 May. This represents a significant increase from the previous period.

The company’s investment portfolio has demonstrated resilience and positive momentum, with the S&P/ASX 300 Accumulation Index delivering a gain of 1.35% in May.

Key highlights of the company’s investment portfolio include:

• The S&P/ASX 300 Accumulation Index has delivered a gain of 1.35% in May
• The company’s investment portfolio has shown resilience and positive momentum

The company’s share price has been relatively stable, with some fluctuations in recent days. As a long-term investor, Woodside Energy Group Ltd does not intend to dispose of its total long-term investment portfolio.

Financial Position

The company’s financial position appears to be strong, with a solid investment portfolio and increasing NTA backing per share. The company’s NTA backing per share has increased to $43.35 as of 31 May.