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
DateValue
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