AmericasAustralia and OceaniaCorporate

Australia’s Woodside starts trading on NYSE

By LNG Prime Staff
Australia's Woodside starts trading on NYSE
For illustration only (Image: Woodside)

Shares of Australian LNG producer Woodside began trading on the New York Stock Exchange (NYSE) on Thursday under the ticker WDS.

This follows completion of Woodside’s merger with BHP’s oil and gas business, which created a top 10 global independent energy company by hydrocarbon production and the largest energy company listed on the ASX.

Woodside listed its shares in the form of American Depositary Shares (ADSs) on the NYSE.

“ADSs are US dollar denominated negotiable instruments represented by American Depositary Receipts (ADRs) issued by a depositary bank that facilitate US trading and investment in shares of non-US companies,” the LNG player said in a statement.

The ADRs would be issued under Woodside’s existing ADR program, which is administered by Citibank, it said.

Each Woodside ADS represents one ordinary share of the company. The shares closed yesterday at $23.15.

Most Popular

LNG Terminals

Novatek installs Arctic LNG 2 GBS

Russian LNG exporter Novatek has completed the installation of the first gravity-based structure platform which will serve its Arctic...
LNG as Fuel

China’s Hengli wins orders for 52 LNG-powered container vessels

China’s Hengli Heavy Industry has secured orders from international shipping firms, including MSC, for 52 ultra-large LNG dual-fuel container vessels.
Vessels

GasLog Partners to redeliver LNG carrier after repairs

GasLog Partners, part of Greek LNG carrier owner GasLog, will redeliver the 2013-built LNG carrier GasLog Shanghai, damaged in an incident in the Strait of Hormuz in August, to its owners after the vessel completes repairs at a yard in Singapore.

More News Like This

LNG Terminals

Woodside reports strong LNG performance in Q3

Australian LNG player Woodside reported strong LNG performance in the third quarter this year due to higher prices, and it still expects the first LNG cargo from the Scarborough project in the fourth quarter.
LNG Terminals

Woodside resumes Scarborough commissioning work after protests

Australian LNG player Woodside has resumed commissioning activities at the Scarborough floating production unit (FPU) after Greenpeace activists occupied the FPU located offshore Western Australia, a Woodside spokesperson told LNG Prime on Monday.
LNG Terminals

First Louisiana LNG tank taking shape

Australian LNG player Woodside continues to make progress on the first phase of its Louisiana LNG export terminal, including the first 235,000-cbm storage tank.
Contracts and Tenders

BP to sell Browse LNG stake to Osaka Gas

UK-based energy giant BP has agreed to sell a 5 percent stake in the planned Woodside-led Browse LNG project in Australia, which would deliver natural gas from the Calliance, Torosa, and Brecknock fields to the existing Karratha gas plant, to Japan's Osaka Gas.