Woodside Energy: an undervalued energy play

Woodside Energy offers a cheap way to invest in the growth of the global LNG market. Should you invest?

Woodside Energy office in Houston, Texas, USA
(Image credit: Getty Images)

When Russia invaded Ukraine in 2022, energy prices spiked as traders rapidly tried to price in the impact on the market. In the following months, Russia, formerly one of the world’s largest suppliers of hydrocarbons, was steadily cut out of markets as sanctions bit. Energy markets had to rebalance, and the shock waves are still being felt today. 

As one of Russia’s largest energy customers, Europe felt the impact of the changes more than any other region. It depended on Russia for gas, and traders had to scramble to find new supplies when key pipelines were cut off. Countries turned to the liquefied natural gas (LNG) market for these supplies. 

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Rupert Hargreaves
Contributor and former deputy digital editor of MoneyWeek

Rupert is the former deputy digital editor of MoneyWeek. He's an active investor and has always been fascinated by the world of business and investing. His style has been heavily influenced by US investors Warren Buffett and Philip Carret. He is always looking for high-quality growth opportunities trading at a reasonable price, preferring cash generative businesses with strong balance sheets over blue-sky growth stocks.

Rupert has written for many UK and international publications including the Motley Fool, Gurufocus and ValueWalk, aimed at a range of readers; from the first timers to experienced high-net-worth individuals. Rupert has also founded and managed several businesses, including the New York-based hedge fund newsletter, Hidden Value Stocks. He has written over 20 ebooks and appeared as an expert commentator on the BBC World Service.