Woodside Energy (WDS) Shares Drop Following Tellurian Acquisition

Australian energy producer Woodside Energy (WDS, Financial) experienced a decline of over 2.3%, with shares priced at $17.17. The drop comes after the company announced the completion of its acquisition of U.S. liquefied natural gas developer Tellurian. This acquisition, which includes Tellurian's LNG export project along the U.S. Gulf Coast, is valued at $1.2 billion, including debt. ...