The company brought in US$825 million over the June quarter, down 16% on the US$982 million the company generated in the first quarter of the year.
Woodside attributed the fall in revenue to the lagging impact of first quarter oil prices on second quarter liquefied natural gas contract prices.
“Lower sales revenue for the quarter largely reflects the three month lag in oil-linked LNG contract pricing structures,” Woodside chief executive Peter Coleman said.
“We
