Woodside Energy Group Ltd (NYSE:WDS)
$ 15.21 0.06 (0.4%) Market Cap: 28.63 Bil Enterprise Value: 34.58 Bil PE Ratio: 15.65 PB Ratio: 0.86 GF Score: 73/100

Woodside Energy Group Ltd to Acquire Tellurian and Driftwood Lng M&A Call Transcript

Jul 22, 2024 / 12:00AM GMT
Release Date Price: $19.17 (-0.52%)
Meg O;Neill
Woodside Energy Group Ltd - Chief Executive Officer and Managing Director

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Good morning, everyone, and thank you for joining this call. I'm excited to announce Woodside's agreement to acquire Tellurian and its US Gulf Coast Driftwood LNG developments. I would like to begin by acknowledging the First Nations people of the various lands on which we live and work, and pay my respects to their elders past, present, and emerging.

Today, I'm joined on the call by our incoming Chief Operating Officer International Kalms, and our Chief Financial Officer, Graham Tiver. In this call, we will provide an overview of the acquisition, deal rationale, and value creation opportunity 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 US dollars unless otherwise indicated.

Going to slide 4, today, Woodside has entered into a definitive agreement to acquire Tellurian and its advantaged US LNG developments, Driftwood LNG. This

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