Australia’s Woodside starts trading on NYSE

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

ConocoPhillips books Dunkirk LNG capacity

US energy giant ConocoPhillips has booked regasification capacity at France's Dunkirk LNG facility, and it also signed an Asian LNG sales and purchase deal.

Aramco eyes large LNG portfolio

Aramco's long-term ambition is to have a portfolio of 20 million tonnes per annum (mtpa) of LNG capacity, according to Aramco’s CEO, Amin Nasser.

Argentina’s Southern Energy takes FID on second FLNG

Argentina's Southern Energy takes FID on second FLNG

More News Like This

Woodside scraps US hydrogen project

Australian LNG player Woodside has scrapped its proposed H2OK hydrogen project in Ardmore, Oklahoma.

Australia’s Woodside retires second NWS LNG train

Australian LNG player Woodside has completed the permanent retirement of the second LNG train at its North West Shelf LNG terminal in the Pilbara region of Western Australia due to declining natural gas supplies.

Work progresses on Woodside’s Louisiana LNG export plant

Australian LNG player Woodside is moving forward with construction work on its Louisiana LNG export terminal.

Woodside inks LNG collaboration pact with Hyundai Engineering, Hyundai Glovis

Australian LNG player Woodside has signed a non-binding memorandum of understanding with South Korea's Hyundai Engineering and Hyundai Glovis, establishing a strategic framework to collaborate on LNG project development, engineering services, and shipping logistics.