Woodside Energy Group announced its FY22 results

Woodside Energy Group Ltd (ASX: WDS) announced its financial results for the full year ended 31 December 2022:

• The net profit after tax (NPAT) reported at US$6,498 million, increased 228% compared to the previous corresponding period, due to the increased production and sales delivered by the expanded portfolio and higher global prices for its products.
• The company’s board announced a final dividend of US144 cents per share, taking the full-year fully franked dividend to US253 cps, which is based on the underlying NPAT of AU$5,230 million and the full-year shareholder distribution is AU$4,804 million.
• The operating revenue of the company was US$16,817 million, up 142% and operating cash flow of US$8,811 million, up 132%.
• At year's end, the firm had a net debt of US$571 million, and a gearing ratio of 1.6%.

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