Woodside Energy Group Ltd (OTCPK:WOPEF)
$ 15.75 -0.25 (-1.56%) Market Cap: 29.78 Bil Enterprise Value: 35.26 Bil PE Ratio: 16.20 PB Ratio: 0.85 GF Score: 77/100

Woodside Petroleum Ltd Response to Market Conditions Call Transcript

Mar 26, 2020 / 11:30PM GMT
Release Date Price: $10.96 (+21.46%)
Operator

Thank you for standing by, and welcome to the Woodside Petroleum market update. (Operator Instructions)

I would now like to hand the conference over to Mr. Peter Coleman, CEO and Managing Director. Please go ahead.

Peter John Coleman
Woodside Petroleum Ltd - CEO, MD & Executive Director

Good morning, everybody, and thanks for joining us today. Obviously, there's a lot of uncertainty in the world at the moment, and I know investors want some answers on how this affects Woodside and how we're going to manage it. So as you're aware, our industry is facing both demand and supply shocks as we deal with the fallout of COVID-19 and from the volatility in price arising from the OPEC+ 1 dispute. Of course, these are extraordinary and challenging times for us. And a few months ago, no one really could have foreseen these circumstances.

Today, I'll talk briefly about what we're doing to minimize the risks of COVID-19 to our people and our business so that we can continue to deliver gas to our Australian and international customers. Then I'll run

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