WDS - What's Going On Woodside Energy Shares Premarket Friday? | Benzinga
Woodside Energy Group Ltd (NYSE:WDS) shares are trading lower after it inked a binding sale and purchase deal with JERA to sell a 15.1% non-operating participating interest in the Scarborough Joint Venture (JV) for $1.4 billion.
This comprises the purchase price of about $740 million and reimbursement to Woodside for JERA’s share of expenditure incurred from the transaction effective January 2022.
The company anticipates the transaction to close in the second half of 2024, and following the sale’s completion, Woodside will hold a ...