Woodside Energy Group Ltd (WDS) Q4 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the Woodside Energy Group Limited full year 2023 results. All participants are in a listen only mode. There will be a presentation followed by a question and answer session. If you wish to ask a question, you will need to press the star key followed by the number one on your telephone keypad. I would now like to hand the conference over to Ms. Meg O'Neill, Chief Executive Officer and Managing Director. Please go ahead. Good morning, everyone, and welcome to Woodside's 2023 full-year results presentation. We are presenting from Sydney, and I would like to begin by acknowledging the traditional custodians of this land, the Gadigal people of the Eora Nation, and pay my respects to their elders past, present, and emerging. Today, I am joined on the call by our Chief Financial Officer, Graham Tibbert. Together, we will provide an overview of our 2023 performance before opening up to Q&A. Please take the time to read the disclaimers, assumptions, and other important information. I'd like to remind you that all dollar figures in today's presentation are in U.S. dollars, unless otherwise indicated. At Woodside, our strategy is to thrive through the energy transition. This is underpinned by three strategic priorities. And in 2023, we delivered on all three. The first is providing energy through a high-quality portfolio now and into the future. I'm pleased to report that in 2023 we delivered record full-year production with excellent LNG reliability. We also made significant progress on our major growth projects. Our second strategic priority is creating and returning value through disciplined capital management. In 2023, our underlying net profit after tax was $3.3 billion. Based on this, our board has determined a fully franked divide...