What does WPLKOI mean in ASX SYMBOLS
WPLKOI stands for Woodside Petroleum Limited, a leading oil and gas exploration and production company in Australia. It is responsible for the development of natural gas and oil reserves in the country and operates a portfolio of projects in Australia, internationally, and offshore. WPLKOI has operations across hundreds of sites globally, and it's expertise spans both underground and open-air production. The company provides both upstream and downstream energy services to meet the needs of customers around the world.
WPLKOI meaning in ASX Symbols in Business
WPLKOI mostly used in an acronym ASX Symbols in Category Business that means Woodside Petroleum Limited
Shorthand: WPLKOI,
Full Form: Woodside Petroleum Limited
For more information of "Woodside Petroleum Limited", see the section below.
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Summary
In conclusion, Woodside Petroleum Limited (WPLKOI) is one of Australia's leading energy providers that covers many sectors from exploration to development offering both upstream & downstream services during its ongoing operations. With its long standing tradition dating back to 1954, this business has grown substantially since then becoming renowned for its excellent management practices specializing mainly on extracting crude oils, natural gases plus LPGs through various technological innovations such as 3D seismic imaging. Through this - it can find easily find hidden hydrocarbon reservoirs much faster than traditional methods while still maintaining high safety standards at all times!
Essential Questions and Answers on Woodside Petroleum Limited in "BUSINESS»ASX"
What is Woodside Petroleum Limited?
Woodside Petroleum Limited is an Australian oil and gas exploration and production company based in Perth, Western Australia. It is Australia’s largest independent dedicated oil and gas exploration and production company.
What kind of services does Woodside Petroleum Limited offer?
Woodside Petroleum offers a wide range of services related to oil and gas exploration and development, including seismic survey design, drilling services, well engineering, reservoir modelling, geophysical interpretation, well testing, workover services. The company also provides advanced drilling technology for deepwater wells and other challenging applications.
Where are Woodside Petroleum’s operations located?
Woodside Petroleum has operations in Australia, East Timor, the United States of America (Texas), New Zealand and Vietnam. The company also holds shareholdings in various oil/gas fields located offshore Africa and Indonesia.
Who owns the shares of Woodside Petroleum?
Shares of Woodside Petroleum are publicly traded on the Australian Securities Exchange (ASX), with major shareholders including entities such as Australian Capital Equity Pty Ltd., Japan Trustee Services Bank Ltd., Commonwealth Bank of Australia etc.
Is Woodside Petroleum listed on any stock exchange?
Yes, Woodside Petroleum is listed on the Australian Securities Exchange (ASX) under ticker symbol “WPL”.
How did Woodside Petroleum perform financially in 2020?
In 2020, the net profit after tax for the year decreased by 24% compared to 2019 due to lower realized commodity prices along with lower income from its equity-accounted entities partially offset by higher sales volumes from its LNG business segment.
Does Woodside have presence outside Australia?
Yes. In addition to its operations in Australia, the company has presence in East Timor, USA (Texas), New Zealand and Vietnam; it also holds shareholdings in various oil/gas fields located offshore Africa and Indonesia.
Does Woodide invest in research & development activities?
Yes it does. With a focus on developing new technologies and improving its existing ones for meeting customer needs more efficiently,,Woodide actively invests in R&D activities such as new seismic technology development, advancing 3D visualization tools, automation technologies & machine learning algorithms amongst others.