On February 14, 2019, Australian LNG giant Woodside Petroleum (WOPEY, WOPEF) published 2018 annual report. After reading it, I should highlight a few improvements that arrested my attention. First, the firm practically doubled its FCF YoY and increased annual DPS by 47%. I highly rate companies that are able not only to grow the bottom line but also to fully cover capital expenditures by OCF and generate resilient free cash flow surplus enough to reward shareholders, and Woodside Petroleum succeeded in these cases. Second, its FCF considerably exceeds the net income,