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Thoughts on Woodside (WDS) and Paladin (PDN) please

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Thoughts on Woodside (WDS) and Paladin (PDN) please

Hi, could you please share your current outlook for Woodside as well as Palladin? Many thanks, Catherine


Hi Catherine,

Two stocks from the Energy Sector but obviously with very different product mixes, we actually hold both but in different portfolios:

  • Woodside Energy (WDS) $34.56 – we hold this in our Flagship Growth Portfolio, while the oil (-45%) and gas (-80%) prices have been hammered from their 2022 highs WDS held up well and we remain mildly bullish looking for a test of $40 when its respective commodities finally bounce NB it reports on Monday which could easily influence our outlook. We are also becoming more positive on Santos (STO) after a tough year price wise.
  • Paladin (PDS) 73.75c – we hold this uranium explorer/miner in our Emerging Companies Portfolio with an “Active” status which means we are happy buyers at current levels i.e. ~74c on Friday afternoon. However, both PDN and the uranium sector is a volatile space which we like but remain keen to keep some ammunition to accumulate into aggressive dips which have occurred regularly over the last 18-months i.e. another dip towards 65c would look very compelling from a risk/reward perspective.


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Paladin (PDN)
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