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.

- Advertisements -

Most Popular

Golar says progress made on new FLNG deal

Floating LNG player Golar LNG is working to sign definitive agreements for an up to 20-year FLNG deployment. In February,...

Brunei LNG says working to restart compressors

LNG terminal operator Brunei LNG said on Tuesday it is working to restart its onshore compressor plants following an...

CoolCo reveals more details on GAIL LNG carrier charter deal

LNG carrier operator CoolCo has revealed more details regarding its recent 14-year charter deal with India’s largest gas utility...

More News Like This

TechnipFMC bags Woodside gig worth up to $250 million

TechnipFMC said it had secured a subsea contract from Australian LNG player Woodside worth up to $250 million to...

Woodside: largest compressor module arrives at Pluto Train 2 site

Australian LNG producer Woodside has received the largest compressor module from Indonesia at the Pluto Train 2 project site...

Woodside’s Scarborough project 62 percent complete

Woodside's Scarborough and the second Pluto LNG train projects were 62 percent complete at the end of the first...

Woodside and partners award Sunrise gig to Wood

Australian LNG player Woodside and its partners Timor GAP and Japan’s Osaka Gas have awarded the Greater Sunrise concept...