Activist groups were unimpressed by Woodside’s eye-popping full-year profit result, setting the scene for another fiery gathering of shareholders at the company’s AGM in April.
The Australian oil and gas giant’s underlying profit more than tripled to $7.7bn as energy prices surged in the wake of Russia’s invasion of Ukraine. That figure fell about 9% shy of investors’ expectations, while activists labelled its simultaneously released 2022 climate report as a “fail”.