SYDNEY (AFX-ASIA) Ð Shares of Woodside Petroleum Ltd have been trading lower since analysts cut their earnings forecasts after the company released a lower-than-expected fourth quarter production and sales report last week. Woodside said fourth-quarter sales fell 5.5% from the year earlier to A$554.6 million, while 2002 sales were down 6.4% at A$2.2405 billion, with…
AUSTRALIA: Woodside lower as analyts cut forecasts after Q4 output
Posted on January 27, 2003 by EnergyAsia