Analysts argue Woodside is undervalued

WOODSIDE Petroleum was dealt an unfair blow by the market for its $425 million budget increase for the North West Shelf expansion, according to two investor reports.

Analysts argue Woodside is undervalued Analysts argue Woodside is undervalued Analysts argue Woodside is undervalued Analysts argue Woodside is undervalued Analysts argue Woodside is undervalued

Shares in Woodside closed the week 3.7% lower at $40.68 after the company warned of a 21% cost increase at its $2 billion Phase 5 liquefied natural gas project.

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