Russell Gibbs says giving at Hawaiian is more about relationships and not always about money. Photo: Attila Csaszar

Passing the social licence test

Challenging economic conditions may have led many in Western Australia’s corporate sector to wind back the scale of their charitable activities, but not Woodside Petroleum.

The oil and gas producer has more than doubled the dollar value of its social contribution during the past five years, in recognition of the ongoing responsibility it has to earn its ‘social licence to operate’.

Six years ago Woodside contributed $7.7 million to the community; in 2016 it invested $15.7 million.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 31/08/17

1 year TSR5 year TSR
169thIluka Resources46%3%
343rdWoodside Petroleum5%2%
644thBeadell Resources-42%-23%
771stPaladin Energy-71%-47%
717 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$123k Bought
$15k Bought
$15k Bought
Total value as at the date of the transaction
Source: Morningstar


3rd-Woodside Petroleum$5,715.9m
6th↓Iluka Resources$779.3m
17th↑Paladin Energy$261.4m
18th↑Beadell Resources$250.3m
491 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Woodside Petroleum

1stPeter Coleman$7.555m
21stMike Utsler$1.986m
25thRobert Edwardes$1.668m
Ranked by total remuneration from all listed WA companies

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