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

Contracts and Tenders

First Nations invest in LNG Canada pipeline

Canada's TC Energy, operator of the LNG Canada pipeline, said it had closed an agreement with FN CGL Pipeline, an Indigenous-led investment entity representing five First Nations along the Coastal GasLink corridor.
LNG Terminals

Germany’s HEH offers additional Stade LNG long-term capacity

Germany’s Hanseatic Energy Hub will offer additional long-term capacity to the market at its land-based liquefied natural gas (LNG) terminal in Stade.
LNG Terminals

PetroChina delivers first LNG cargo to Gate under long-term capacity deal

PetroChina International, a unit of state-owned PetroChina, has delivered its first LNG cargo to the Dutch Gate LNG import terminal in Rotterdam, owned by Gasunie and Vopak, under a long-term capacity deal.

More News Like This

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.
Corporate

Daniel Kalms leaves Woodside

Woodside's executive vice president and chief operating officer international, Daniel Kalms, is leaving the Australian LNG player.
LNG Terminals

Woodside installs final module for Pluto LNG’s Train 1 modifications project

Australian LNG player Woodside has installed the third and final module for Pluto LNG’s Train 1 modifications project at the site in Karratha, Western Australia.