Woodside Energy (WDS) Shares Drop Following Tellurian Acquisition

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Oct 09, 2024
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Australian energy producer Woodside Energy (WDS, Financial) experienced a decline of over 2.3%, with shares priced at $17.17. The drop comes after the company announced the completion of its acquisition of U.S. liquefied natural gas developer Tellurian. This acquisition, which includes Tellurian's LNG export project along the U.S. Gulf Coast, is valued at $1.2 billion, including debt.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.