Sign in

    Nik Burns

    Research Analyst at Jarden Australia Pty Limited

    Nik Burns is Head of Energy Research at Jarden Australia Pty Limited, specializing in equity research and investment strategy focused on major energy sector companies. He covers several Australian energy firms, including Woodside (AU:WDS), and has made numerous stock recommendations with a 49% success rate and notable best returns such as a 116% gain on one call. Burns began his career as a reservoir engineer, held analyst and strategic roles at Santos, Woodside, RISC, and served as head of investor relations at Beach Energy before spending nearly six years as an energy and utilities research analyst at UBS Australia; he joined Jarden in late 2020. He holds a combination of technical and financial credentials acquired over a multi-disciplinary career in energy, including significant equities research experience, though specific securities licenses are not publicly detailed.

    Nik Burns's questions to WOODSIDE ENERGY GROUP (WDS) leadership

    Nik Burns's questions to WOODSIDE ENERGY GROUP (WDS) leadership • H1 2025

    Question

    Nik Burns from Jarden Australia Pty Limited questioned the decision to maintain an 80% dividend payout ratio given gearing is at the top end of the target range. He also asked about the strong marketing results and what would drive the guided increase in gas hub spot exposure in the second half of the year.

    Answer

    Executive VP & CFO Graham Tiver explained the dividend decision was supported by strong underlying business performance, disciplined cost control, portfolio optimization from the Stone Peak and Angostura deals, and confidence in future cash flow. CEO Meg O’Neill added that the marketing team's ability to achieve a $3/MMBtu premium on gas hub sales validates their strategy, and the company's full-year guidance implies higher spot exposure in the second half, which is well-positioned given market dynamics.

    Ask Fintool Equity Research AI