Woodside Energy Group (OTCMKTS:WOPEY) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

Woodside Energy Group Ltd (OTCMKTS:WOPEY) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $16.18 and traded as low as $15.35. Woodside Energy Group shares last traded at $15.48, with a volume of 1,351,806 shares traded.

Woodside Energy Group Trading Up 1.6%

The stock has a 50 day moving average price of $16.17 and a 200 day moving average price of $16.18. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.55 and a current ratio of 1.63.

Woodside Energy Group Company Profile

Woodside Energy Group (OTCMKTS:WOPEY) is Australia’s largest independent energy company, specializing in the exploration, development and production of oil and natural gas resources. The company’s core operations span both conventional and liquefied natural gas (LNG) projects, underpinned by key assets such as the North West Shelf Project and the Pluto LNG plant. Woodside’s portfolio encompasses upstream activities from seismic surveying and drilling to long-term supply agreements that serve major energy markets in the Asia-Pacific region.

In addition to its traditional oil and gas ventures, Woodside Energy Group has diversified into emerging energy solutions, including hydrogen production and carbon capture initiatives.