Yahoo Finance Why We Think Woodside Petroleum Ltd (ASX:WPL) Could Be Worth Looking At
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As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of Woodside Petroleum Ltd (ASX:WPL), it is a highly-regarded dividend-paying company that has been able to sustain great financial health over the past. Below is a brief commentary on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, read the full report on Woodside Petroleum here.
Excellent balance sheet average dividend payer
WPL’s ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This suggests prudent control over cash and cost by management, which is a crucial insight into the health of the company. WPL’s has produced operating cash levels of 0.66x total debt over the past year, which implies that WPL’s management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
For those seeking income streams from their portfolio, WPL is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 4.3%.
Next Steps:
For Woodside Petroleum, there are three important factors you should further research:
Future Outlook: What are well-informed industry analysts predicting for WPL’s future growth? Take a look at our free research report of analyst consensus for WPL’s outlook.
Historical Performance: What has WPL’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of WPL? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.
