WPL

ASX 100 stock picks which sucked last week. These stocks decreased their share price by the biggest percentage on the Australian stockmarket, the Australian Securities Exchange (ASX) from the last week of trading (45th week of 2010 including the business days of 8th to 12th November). Other lists of public companies by market capitalisation. Shares include: SEK, ALL, CPU, WBC, WPL, NAB, MCC, UGL, BBG, CSR, WDC, PPT, TOL, GMG, GFF.

Oil and gas company, Woodside Petroleum (ASX:WPL) have had stockholder Royal Dutch Shell announce that it was selling a third of its current shareholding at $3.31 billion. Shell has attempted to take over Woodside twice in the past. Shell is reducing its stake in WPL from 34 percent to 24.27 percent of Woodside.

Top Stocks Watchlist for the ASX 100 index. These stocks increased their share price by the most percentage points on the Australian share market, the Australian Securities Exchange (ASX) from the last week of trading (38th week of 2010: 20th to 24th September). Stocks include: ASX, WAN, FMG, ERA, CGF, WPL, AXA, CEY, LLC, OSH, JHX, WES, ORG, ITO, DOW. Other lists of Australian companies by Market capitalisation.

Leighton Holdings Limited, Brambles Limited, Seek Limited, United Group Limited, Fortescue Metals Group Ltd, Woodside Petroleum Limited, Aquarius Platinum Limited, Transfield Services Infrastructure Fund, ASX Limited and Bendigo And Adelaide Bank Limited are among the top Aussie shares from the ASX 100 index. These stocks increased their share price by the most percentage points on the Australian share market, the Australian Securities Exchange (ASX) from the previous week of trading.

Oil producer, Woodside Petroleum (ASX:WPL) have posted an increase of almost 40 percent in net profit after tax for the first six months to June 30 of $US 901 million or 39.5 percent.

Woodside Petroleum Dividends

WPL have declared a dividend for the first half. Interim dividend is 50 cents per share, fully franked, an increase of 4 cents on the corresponding period 1H 2009.

The striking crane drivers, who are working at the $13 billion worth of Pluto gas plant of Woodside Petroleum (WPL) were ordered to return to work. Brendan McCarthy, the deputy president of Fair Work Australia issued an order last night suspending a three-month long industrial action which according to Woodside was causing major problems to the economy. The industrial action begun on 28th of April over the demand of an increase of payments.

Australia based Woodside Petroleum (WPL) has declared that its revenue for the year 2009 has fallen by as much as 27 percent because of the low gas and oil prices, and due to reduction in natural resources and unplanned outages at some of the Australian operations of the company that kept output at a lower end of expectations.

Woodside Petroleum (WPL), an Australia based Company had a multibillion-dollar off-take agreement abandoned due to the delay with its Browse Basin development in Western Australia as the delay led PetroChina- the largest energy company of China to abandon its option to take up to 60 million tonnes of the liquefied natural gas. This was the biggest export deal that a local company managed to strike.

Australia based Woodside Petroleum (WPL) is planning to raise $2.5 billion through equity offer in an attempt to achieve a stronger balance sheet as the company is looking forward to move with its liquefied natural gas (LNG) projects. Royal Dutch Shell, a major stakeholder will invest an additional $862 million in the company's shares to retain 34 percent of the stake and is expected to take up its entitlement in full.