Woodside Energy (WDS) Tax Provisions (2021 - 2024)
Woodside Energy (WDS) reported Tax Provisions of -$146.0 million for Q4 2024, up 48.59% on a YoY basis from -$98.3 million in Q1 2024, and little changed quarter-over-quarter from -$146.0 million in Q3 2024.
Woodside Energy (WDS) Tax Provisions (2021 - 2024) Analysis & Trends
Woodside Energy has reported Tax Provisions for 4 years, with the latest figure at -$146.0 million in Q4 2024.
- For the quarter ending Q4 2024, Tax Provisions rose 48.59% year-over-year to -$146.0 million; the trailing twelve-month figure through Dec 2024 stood at -$1.4 billion (up 34.97% YoY), and the FY2025 full-year result was $763.0 million, down 6.27% from the prior year.
- Tax Provisions for Q4 2024 stood at -$146.0 million, roughly flat from -$146.0 million in the prior quarter.
- The five-year high for Tax Provisions was -$146.0 million in Q3 2024, with the low at -$824.0 million in Q3 2022.
- Historically, Tax Provisions has averaged -$407.5 million across 4 years, with a median of -$252.5 million in 2021.
- Annual changes were most pronounced in 2022 — Tax Provisions slumped 272.85% — and 2023, when it surged 65.53%.
- Woodside Energy's Tax Provisions stood at -$221.0 million in 2021, then tumbled by 272.85% to -$824.0 million in 2022, then surged by 65.53% to -$284.0 million in 2023, then surged by 48.59% to -$146.0 million in 2024.
- The last three Tax Provisions figures came in at -$146.0 million (Q4 2024), -$146.0 million (Q3 2024), and -$284.0 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 404.71 Mn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 1.18 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 575.00 Mn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 154.00 Mn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 32.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | -35.82 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 433.35 Mn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -73.74 Mn |
| 10 | Devon Energy | 27.08 Bn | 27.08 Bn | 3.61 Bn | -188.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -146.00 Mn |
| Aug 27, 2024 | -146.00 Mn |
| Dec 31, 2023 | -284.00 Mn |
| Dec 31, 2022 | -824.00 Mn |
| Aug 30, 2022 | -824.00 Mn |
| Dec 31, 2021 | -221.00 Mn |