With the Woodside share price down 21% in a year, should you buy more?
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Woodside Energy Group Ltd (ASX: WDS) shares have, so far, failed to rebound in 2025 following a big leg down in 2024.
Shares in the S&P/ASX 200 Index (ASX: XJO) energy stock are in the green in afternoon trade today, up 0.3% at $24.57. But that’s still a few cents below the closing price of $24.60 on 31 December. And it sees Woodside shares down 21.2% since this time last year.
Does that mean the ASX 200 oil and gas stock is now trading for a bargain?
Are Woodside shares a good buy now?
Longer term, I believe investors will look back on today and see Woodside shares at current levels as bargain-priced, as I believe energy prices are more likely to rise long-term than fall.
And don’t forget Woodside’s strong