WDS Stock Today: January 29 Greater Sunrise Deal Momentum Builds
Woodside Energy stock is in focus today as momentum builds around a potential Australia Timor-Leste deal for Greater Sunrise gas. Australia pledged at least one-third of future Sunrise revenues to a Timor-Leste infrastructure fund, signalling policy support that could move the long-stalled project forward. The latest quote shows A$24.98, up A$0.90 or 3.74%, with a day range of A$24.67 to A$25.01. ASX code WDS.AX. We assess what this means for valuation, LNG optionality, and near-term catalysts for Australian investors.
Policy shift lifts Sunrise prospects
Australia committed at least one-third of future Greater Sunrise revenue to a Timor-Leste infrastructure fund and set a near-term timetable to lock in project frameworks, according to official briefings and reporting. This strengthens the Australia Timor-Leste deal narrative and adds geopolitical weight to the project. See coverage from ABC News source and the Australian Financial Review source.
Woodside is a Sunrise JV partner, so policy clarity improves the path to a development plan and eventual FID. That could add LNG optionality alongside Scarborough and Pluto. At A$24.98, Woodside Energy stock trades near 11.0x TTM earnings and 0.91x book, with a 6.85% dividend yield. Better alignment with Timor-Leste could narrow the discount implied by project uncertainty.
Market reaction and valuation check
Woodside Energy stock last traded at A$24.98, up A$0.90 or 3.74%, on volume of 6.20 million versus a 4.07 million average. The session range was A$24.67 to A$25.01, with a 52-week range of A$18.61 to A$27.30. RSI sits at 38.75 while ADX is 29.43, showing a firm trend. Bollinger bands span A$22.20 to A$25.70, with the middle near A$23.95.
Valuation remains reasonable. EV to EBITDA is 4.24, price to book is 0.91, and the dividend yield is 6.85%, with a 78.46% payout ratio. Leverage looks conservative, with net debt to EBITDA at 0.90, current ratio 1.90, and interest coverage 93.11. Heavy capex lifted capex to operating cash flow to 1.08, turning free cash flow negative and pushing price to FCF to -56.3x.
What to watch next
We watch for concrete framework agreements on Greater Sunrise gas over coming months and any updates from Canberra and Dili on processing options. Woodside reports on 24 February 2026, which could include commentary on Sunrise phasing, LNG market exposure, and capital allocation. Policy follow-through on the Australia Timor-Leste deal remains the key swing factor for sentiment.
Key risks include project scope choices, cost inflation, approvals, and geopolitics. Technicals remain mixed, and modelled fair value paths are cautious, with a 12-month projection near A$20.35 and 3-year near A$16.97. A timely framework and defined timetable could support multiple expansion. Further delays or higher capex could weigh on Woodside Energy stock.
Final Thoughts
Greater Sunrise now has political momentum, and that matters for Woodside Energy stock. Clear revenue sharing for Timor-Leste and a timetable for frameworks improve the odds of a viable development plan and eventual FID. Near term, price sits above the 50-day average of A$24.24 and near the Bollinger mid at A$23.95, while the 52-week high at A$27.30 is the next resistance. Fundamentals are solid, with 11x earnings, 0.91x book, 4.24x EV to EBITDA, and a 6.85% yield. Meyka Stock Grade is B+ at 72.19, suggesting BUY, but cash flow is sensitive to capex. We would track framework milestones, the 24 February earnings update, and any Sunrise processing decisions. This article is for information only and is not financial advice.
FAQs
What did Australia pledge on Greater Sunrise?
Australia pledged at least one-third of its future Greater Sunrise revenue to a Timor-Leste infrastructure fund and set a near-term timetable to finalise key project frameworks. This signals policy support and geopolitical alignment intended to help move the long-stalled gas project toward a development plan and, potentially, a final investment decision.
How could Greater Sunrise affect Woodside Energy stock?
A credible framework and revenue sharing reduce uncertainty for the Sunrise JV. That could support sentiment, expand LNG optionality, and help close the valuation gap. Woodside Energy stock trades near 11x TTM earnings and 0.91x book. Progress could lift multiples, while fresh delays could pressure the shares.
What are the key valuation and balance sheet markers now?
Latest metrics show EV to EBITDA at 4.24, PE near 11.0, price to book at 0.91, and a 6.85% dividend yield with a 78.46% payout. Net debt to EBITDA is 0.90, the current ratio is 1.90, and interest coverage is 93.11. Heavy capex has turned free cash flow negative.
What near-term catalysts should investors watch?
Watch for concrete Australia Timor-Leste framework steps, any decision on processing options for Greater Sunrise gas, and Woodside’s 24 February 2026 results for commentary on project timing and capital allocation. Market technicals and LNG pricing trends will also shape short-term moves in Woodside Energy stock.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
