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AAP
AAP
Business
Michael Ramsey

Energy crisis, merger fuels higher Woodside profit

Woodside Energy's full-year underlying net profit has soared to $US5.2 billion. (PR HANDOUT IMAGE PHOTO) (AAP)

Woodside has tripled its full-year profit and increased its return to shareholders on the back of soaring energy demand and the acquisition of BHP's oil assets.

The Perth-based oil and gas giant on Monday announced underlying net profit of $US5.2 billion ($A7.7 billion) in the 2022 calendar year, up 223 per cent from the previous year.

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