woodside bhp merger presentation

MELBOURNE, Aug 17 (Reuters) - BHP Group has agreed to sell its petroleum business to Woodside Petroleum in a merger to create a top 10 independent oil and gas producer worth A$38.5 billion ($28 billion) with growth assets in Australia and the Americas. Innovation 11 Jan 2021. Woodside issued more than 914 million new shares to BHP Group to close the deal. As we announced earlier this afternoon, Woodside and BHP have entered into a merger commitment deed to combine BHP's oil and gas portfolio with Woodside through an all-stock merger. Description (Please provide a detailed description of the event in the box below) Woodside and BHP Petroleum merger investor presentation. PDF. EMRC and Woodside collaborate on innovative carbon re-use pilot project. BHP will shortly provide a further update on the proposed in specie dividend of the Woodside shares. Shareholder materials released for BHP Petroleum merger 4 WOODSIDE AND BHP PETROLEUM MERGER The proposed merger with BHP's petroleum business will create a global . Both of these ratings came after the merger investor presentation between Woodside Petroleum Limited and BHP's petroleum division. BHP Group (BHP) and Woodside Petroleum Ltd (Woodside) entered into a share sale agreement (SSA) for the merger of BHP's oil and gas portfolio with Woodside by an all-stock merger (Merger) on 22 . Woodside/BHP merger Merger brings international portfolio in GOM, Trinidad and Tobago etc Woodside has really bad experience with international operations The merger doubles the size of Woodside in one hit As well, it creates a far more complex organisation But the real killer is taking on BHP's decomissioning liability. Woodside Petroleum does not expect heavy selling of the company's shares by BHP Group investors if Woodside's acquisition of BHP's petroleum business goes ahead in June, Chief Executive Meg O'Neill said on Tuesday. www.woodside.com.au . BHP's exit from petroleum, which made up just 5% of its annual earnings, speeds up its exit from fossil fuels amid pressure from . Past presentations and events. SG220408OTHROX2Y. > 8 April 2022. while emphasising how the BHP Petroleum merger will beef up Woodside's ability to invest in cleaner energy. Analyst Report: BHP Group Limited BHP is a leading global diversified miner supplying iron ore, copper, oil, gas, and metallurgical. > 8 April 2022. The pre-recorded Investor Update 2021 can also be viewed at any time here. For online and other support, please contact Computershare directly through the details on this page. The merger of BHP Limited (now . BHP Group PLC () and Woodside Petroleum Ltd have announced plans to merge their respective oil and gas portfolios.. Wrap Text. The independent expert concluded that the merger is in the best . According to the release, the two parties have signed a binding share sale agreement (SSA) for the merger of BHP's oil and gas portfolio with Woodside. It was ranked the 161st most shorted stock on the ASX. Woodside is pursuing a merger with BHP's petroleum business to create a larger, more resilient Woodside with the financial strength to fund growth and thrive through the energy transition. s. View all BHP announcements. BHP has paid the in specie dividend and distributed Woodside shares today in line with the details described in BHP's announcement on 20 Other Recent Announcements from BHP; Determination of in specie dividend - Woodside Merger: 20 May 2022, 8:27: BMO Global Farm to Market Conference Presentation: 19 May 2022, 19:23: BHP Board Update: 19 May 2022, 18:32: WPL:Woodside merger teleconference and investor presentation 17 August 2021, 16:48: Woodside and BHP to create a global energy . Dividend entitlement - BHP received 914,768,948 Woodside shares as consideration for the sale of BHP Petroleum. . | April 8, 2022 May 19, 2022; 19; page. 16/21. WOODSIDE MERGER TELECONFERENCE AND INVESTOR PRESENTATION A teleconference providing an overview of the proposed merger between Woodside and BHP's petroleum business will be hosted by Woodside Chairman Richard Goyder, CEO Meg O'Neill and CFO Sherry Duhe at 16.00 AWST (18.00 AEST) today. BHP received 914,768,948 Woodside shares as consideration for the sale of BHP Petroleum. Woodside Energy is the top performers on the ASX today after the group completed its $27 billion buyout of BHP's petroleum business. The deal, previously announced in August, will create a global top 10 energy company and the largest of its kind on the ASX.. This followed the release of a presentation to Woodside shareholders covering details of the proposed merger with the petroleum division of BHP Group Ltd . FY2020. At this valuation, which is subject to change, the in specie dividend would be US$4.62 with US$1.98 of franking credits being distributed per BHP share (US$10.0 billion of franking credits in total). BHP Group BHP and Woodside Petroleum Ltd recently signed a binding share sale agreement to merge their respective oil and gas portfolios. After completion, Woodside will . Transcript. BHP has also approved $1.5 billion in capital expenditure for . T +61 8 9348 4000 . BHP and Woodside have agreed a deal whereby Woodside will acquire BHP's Petroleum business. Woodside and BHP to create a global energy company. While a 6% fall in BHP's share price was linked to Woodside has acquired the entire share capital of BHP Petroleum . Transcript. This will see Woodside acquire the entire . Woodside Energy Group Limited. BHP Group has announced that the merger of its oil and gas portfolio with Woodside Energy Group has completed. 8 April 2022 an investor presentation which is available here. Woodside and BHP as project partners have developed a plan to targeted final investment decision for Scarborough (Australia) by the end of 2021, prior to the proposed completion date for the merger. At the final bell, the oil and gas . Merger update and details of Woodside share distribution BHP Group Limited BHP Group Limited ABN 49 004 028 077 Registered in Australia Registered Office: Level 18, 171 Collins Street Melbourne VIC 3000 Share code: BHG ISIN: AU000000BHP4 NEWS RELEASE Release Time IMMEDIATE Date 8 April 2022 Release Number 11/22 Update on BHP . Woodside's share register is managed by Computershare Investor Services Pty Ltd. Woodside shares are traded on the ASX. Release Number. WPL Ann: Woodside and BHP Petroleum merger investor presentation Price Sensitive: Y Date: 8th Apr 2022, 12:45pm >>> Read announcement: Google: WPL Market Announcements At the date of this announcement, WPL was 1.093% short sold according to ASIC data. Put simply, BHP's global petroleum business will be merged with Woodside, creating a larger, more resilient Woodside with the financial strength to fund growth . T +61 8 9348 4000 . It is a pleasure to speak with you today. O'Neill said last week that Woodside has received strong interest from companies for a stake in the project. We agreed the merger with BHP's petroleum business, took final investment decisions on Scarborough and Pluto Train 2, agreed to sell down Pluto Train 2 and announced a target to invest $5 billion . Release Time IMMEDIATE Date 17 August 2021 Release Number 16/21. BHP shareholders will receive payment in WPL shares with BHP shareholders set to own around 48% of the combined entity. BHP Group has agreed to sell its petroleum business to Woodside Petroleum in a merger to create a top 10 independent oil and gas producer worth A$38.5 billion ($28 billion) with growth assets in . Woodside has confirmed it is in discussions with BHP about a potential merger involving BHP's entire petroleum business. 5 As stated in the =Climate Report 2021, > Woodside's existing emissions reduction targets consist of reducing net equity Scope 1 and Scope 2 greenhouse gas emissions by 15% in 2025 and 30% in 2030; aspiration of net zero emissions by 2050 or . The presentation was followed by a question and answer session, viewable here. This presentation will be used for investor and stakeholder engagement in advance of the shareholder vote on the merger at Woodside's 2022 Annual General Meeting to be held at 10.00am (AWST) on 19 May 2022. Key points include: Merger ratio - on completion at 1 June 2022, the merged business will be owned approximately 52 per cent by existing Woodside shareholders and 48 per cent by BHP shareholders. "Apart from Scarborough, Woodside does not have a lot of viable growth options and petroleum isn't really a core part of BHP's portfolio nowadays. Woodside Petroleum Ltd ("Woodside") and BHP Group ("BHP") have entered into a merger commitment deed to combine their respective oil and gas portfolios by an allstock merger (the "Transaction") to create a global top 10 independent energy company by production. 4 Woodside Petroleum, Ltd. =Woodside and BHP Petroleum merger investor presentation. The expanded Woodside is expected to be 48%-owned by existing BHP shareholders and 52%-owned by existing Woodside shareholders, and it will remain listed on the Australian Securities Exchange, while BHP will end its dual-listing in London. The new entity would be among the largest independent energy companies in the . Audio webcast. . 25 Apr 2022. Update on BHP Petroleum and Woodside merger and share distribution information. BHP Group (BHP) and Woodside Petroleum Ltd (Woodside) entered into a share sale agreement (SSA) for the merger of BHP's oil and gas portfolio with Woodside by an all-stock merger (Merger) on 22 November 2021.On completion of the Merger, the combined company is expected to have a high margin oil portfolio, long life . Woodside Energy Group listed on the London Stock Exchange on Monday, following the completion of a merger between the firm and the oil and gas business of mining giant BHP Group. You can view all announcements from WPL and see how they appear on a price chart on the announcements page. Cores for celebration. The presentation should be read in conjunction with the Merger Explanatory Memorandum and Independent MELBOURNE, April 8 (Reuters) - Australian gas producer Woodside Petroleum Ltd's (WPL.AX) agreed merger with BHP Group's (BHP.AX) petroleum arm is in the best interest of its shareholders, an. 20 May 2022 The Board of BHP Group (BHP) has determined to pay to BHP shareholders an in specie dividend in the form of Woodside Petroleum Ltd (Woodside) shares in connection with the merger of BHP's oil and gas portfolio with Woodside (Merger). "The rationale for the merger with BHP's petroleum business is compelling. Woodside Petroleum Ltd ("Woodside") and BHP Group ("BHP") have entered into a merger commitment deed to combine their respective oil and gas portfolios by an allstock merger (the "Transaction") to create a global top 10 independent energy company by production. We recommend participants pre-register via the following link: Subject to completion occurring, BHP is expected to receive 914,768,948 newly issued Woodside ordinary shares. Mar 2022. Legal Counsel. Woodside and BHP Petroleum merger investor presentation. Speech. ASX Announcements. the same "Disclaimer, important notice and assumptions" contained in pages 2 to 3 of Woodside's investor presentation titled "Woodside and BHP petroleum merger" dated 17 August 2021; and the same "Disclaimer" contained in page 2 of BHP's investor presentation titled "Growing value and positioning for the future" dated 17 . Woodside CEO Meg O'Neill presented an update on Woodside's strategy and value proposition in a virtual event on Wednesday 8 December. Since selling its shale business to BP PLC (NYSE: BP) in 2018 for $10.5 billion, one of BHP's focuses has been growing its offshore production in the Gulf of Mexico. Company Presentation. ALL of the BHP documentation describes this situation as a merger, but none of it was written in a way that makes it easy for the small shareholder to understand what it going on.I have a small BHP holding which I inherited and that is the limit of my interest in shares, so when their media material started warbling on about a 'fully franked in specie dividend' and a transfer of Woodside .



woodside bhp merger presentation

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