S&P downgrades Woodside forecast

STANDARD & Poor's has preached caution on Woodside after a $900 million blowout on the company's Pluto project, downgrading its forecast from stable to negative.

S&P downgrades Woodside forecast S&P downgrades Woodside forecast S&P downgrades Woodside forecast S&P downgrades Woodside forecast S&P downgrades Woodside forecast

While S&P downgraded its outlook, it kept the company's BBB+ debt rating on hold but warned the rating could dip in the future.

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