CLOSING UPDATE: Woodside Petroleum keeps rising: up 6.0% in 4 days 12 June 2018

NEWS BITES - AUSTRALIA

This is an end of day Alert, produced after today's Australian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Woodside Petroleum, Australia's largest energy company by market capitalisation, extended its gains on Tuesday, rising an additional 44.0c (or 1.3%) to trade at $A33.94. Trading volume was 1.3 times average at the end of the day. The shares have risen $A1.92 (or 6.0%) over the past four trading days vs. the All Ordinaries Index which has risen 0.9% in the same period.

Technical indicators complementing today's significant uptrend:

+ The positive 0.16 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The 2.3% discount to 12-month high of $A34.73 against the 26.1% premium to 12-month low of $A26.91 suggests the stock continues to push for new highs.

+ In the last three months the stock has hit a new 52-week high five times, pointing to an uptrend.

+ The price climbed 5.2% in the last week and 4.9% in the last month.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

+ Price to Book of 1.6 [2.1]

+ Dividend yield of 3.7% [1.8%]

+ Return on Capital Employed 6.8% [1.4%]

Other Bullish Signals include:

+ Interest cover is less leveraged at 17.7 times.

+ Tobin's Q Ratio is 1. Compared with the rest of the market the stock is undervalued.

+ Net profit margin has averaged 18.3% in the last 3 years. This is considered superior and suggests a high margin of safety.

Note

The stock has outperformed 70% of the Australian market over the past 6 months.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

Price/Sales of 6.1 [2.0]

TODAY'S ALERTS

Afternoon Alert: Woodside Petroleum keeps rising: up 6.1% in 4 days

June 12, 2018 13:00:00 AEST

Woodside Petroleum Limited (ASX:WPL) extended its gains on Tuesday, rising an additional 46.0c (or 1.4%) to trade at $A33.96. The shares have risen $A1.94 (or 6.1%) over the past four trading days vs. the All Ordinaries Index which has risen 1.0% in the same period.

Morning Alert: Woodside Petroleum keeps rising: up 5.2% in 4 days

June 12, 2018 11:00:00 AEST

Woodside Petroleum Limited (ASX:WPL) extended its gains on Tuesday, rising an additional 17.0c (or 0.5%) to trade at $A33.67. The shares have risen $A1.65 (or 5.2%) over the past four trading days vs. the All Ordinaries Index which has risen 0.9% in the same period.

RECENT ALERTS

CLOSING UPDATE: Woodside Petroleum increases 1.1% - outperforming 84% of stocks

June 07, 2018 16:00:00 AEST

Woodside Petroleum, Australia's largest energy company by market capitalisation, has increased 35.0c (or 1.1%) today to trade at $A33.26 and has outperformed 84% of the market in the past three months. A price rise combined with a high relative strength is a bullish signal. Compared with the All Ordinaries Index which rose 32.0 points (or 0.5%) in the day, this represented a relative price increase of 0.5%.

Morning Alert: Woodside Petroleum increases 1.0%

June 07, 2018 11:00:00 AEST

Woodside Petroleum Limited (ASX:WPL) has increased 32.0c (or 1.0%) to trade at $A33.23.

Woodside Petroleum Limited (AU:WPL; ASX:WPL; AX:WPL)

ISIN: AU000000WPL2

PermID: 4295857433

Source: www.BuySellSignals.com