GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Woodside Energy Group Ltd (NYSE:WDS) » Definitions » 6-Month Price Index

Woodside Energy Group (Woodside Energy Group) 6-Month Price Index : 0.80 (As of May. 03, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Woodside Energy Group 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-03), Woodside Energy Group's 6-Month Price Index is 0.80.


Competitive Comparison of Woodside Energy Group's 6-Month Price Index

For the Oil & Gas E&P subindustry, Woodside Energy Group's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Woodside Energy Group  (NYSE:WDS) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Woodside Energy Group  (NYSE:WDS) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.


Woodside Energy Group 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Woodside Energy Group's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.


Woodside Energy Group (Woodside Energy Group) Business Description

Traded in Other Exchanges
Address
11 Mount Street, Mia Yellagonga, Perth, WA, AUS, 6000
Incorporated in 1954 and named after the small Victorian town of Woodside, Woodside's early exploration focus moved from Victoria's Gippsland Basin to Western Australia's Carnarvon Basin. First LNG production from the North West Shelf came in 1984. BHP Billiton and Shell each had 40% shareholdings before BHP sold out in 1994 and Shell sold down to 34%. In 2010, Shell further decreased its shareholding to 24%. Woodside has the potential to become the most LNG-leveraged company globally.

Woodside Energy Group (Woodside Energy Group) Headlines

From GuruFocus

This Energy Stock Looks Primed for Long-Term Gains

By thriftyinvestments thriftyinvestments 04-30-2015

Woodside Energy Group Ltd Announces 2023 full-year guidance

By ACCESSWIRE ACCESSWIRE 11-29-2022

Woodside Energy Group Ltd Announces Annual General Meeting 2023

By ACCESSWIRE ACCESSWIRE 02-13-2023

Woodside Energy Group Ltd Announces Fourth Quarter 2022 Report

By ACCESSWIRE ACCESSWIRE 01-25-2023

Woodside Energy Group Ltd Announces Full-Year 2022 Results

By ACCESSWIRE ACCESSWIRE 02-27-2023

Woodside Energy Group Ltd Announces Company Secretary Change

By ACCESSWIRE ACCESSWIRE 10-20-2022