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Woodside operates the Pluto and North West Shelf Venture LNG projects. Photo: Attila Csaszar

Woodside continues Pluto expansion pursuit

Woodside Petroleum has engaged contractors to develop concept options for an expansion of the Pluto LNG facility for consideration as early as mid-year, while reporting an 11 per cent drop in March quarter revenue on the back of adverse weather and inventory build up.

In its recent annual report, the company flagged it would be looking to make a small to medium scale extension of the 4.9mtpa facility, lifting capacity around 20 per cent.

Those expansion studies have now commenced, first looking at accelerating reserves in the Greater Pluto region.

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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 31/07/17

1 year TSR5 year TSR
82ndAtlas Iron92%-58%
116thSouth3262%0%
177thFortescue Metals Group37%11%
272ndWoodside Petroleum14%3%
447thNorthern Star Resources-15%42%
710 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

08/05/17
$7k Bought
08/05/17
$6k Bought
08/05/17
$7k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

1st-Fortescue Metals Group$9,806.1m
2nd↑South32$8,262.9m
3rd-Woodside Petroleum$5,715.9m
4th↑Atlas Iron$803.7m
5th-Northern Star Resources$787.2m
492 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Woodside Petroleum

1stPeter Coleman$7.555m
20thMike Utsler$1.986m
24thRobert Edwardes$1.668m
Ranked by total remuneration from all listed WA companies

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