Oil and LNG producer Woodside Energy rose to a fresh 3-year higher after announcing a bumper dividend for the first half of the 2022 financial year. Net profit after tax jumped 5-fold to $1,640m, benefiting from higher oil and gas prices (double the same corresponding period last year) and a +19% increase in production volumes which included one full month of production from merged BHP assets. Woodside paid out an interim dividend of US$1.09 per share and now has a strong balance sheet following strong cash generation over the half.