Owning Woodside Energy Group Ltd shares has seen its tax contribution of volatility in the last few years.
The ASX energy share could be one to investigate following all of the uncertainty amid the Middle East conflict.
Woodside is one of the largest oil and gas businesses on the ASX, so what happens with the energy prices has a big impact on its earnings.
We're going to look at what analysts are predicting with Woodside earnings in the next few years, which could give insights as to whether the Woodside share price is undervalued or not.
We're about three quarters of the way through the Woodside 2026 financial year, as its financial year follows the calendar year.
Woodside said that operating revenue grew 13% to US$7.4 billion, underlying net profit after tax grew 7% to $1.3 billion, and free cash flow surged 159% to $352 million.
In the FY26 half-year result, it reported that Scarborough was 98% complete, Trion was 64% complete, and Louisiana LNG was 28% complete.
According to the projection on CommSec, the business is forecast to see earnings per share of $2.184.
The ASX energy share could see earnings increase in the 2027 financial year, which would be music to investors' ears.
EPS is projected to rise by 21.3% to $2.649, implying it's valued at 12 times FY27's estimated earnings.