The Woodside share price tumbled 7% in September. Now what?
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The Woodside Energy Group Ltd (ASX: WDS) share price lost significant ground in September.
Shares in the S&P/ASX 200 Index (ASX: XJO) energy stock closed on 30 August trading for $27.19. Yesterday, 30 September, shares ended the day changing hands for $25.20 apiece.
That left Woodside stock down 7.3% over the month.
For some context, the ASX 200 gained 2.2% in September.
With another month in the red, the Woodside share price is down 30% over 12 months. Though that doesn’t factor in the $1.937 in fully franked dividends the company declared over the year.
Now, here’s what happened in September.
What happened with the Woodside share price in September?
Much of the pressure on the Woodside share price was…