The XJO finished down 0.4% lower this week. In terms of individual stocks, WASHINGTON H. SOUL PATTINSON, WOODSIDE ENERGY GROUP LTD and QANTAS AIRWAYS LIMITED up 2%; NORTHERN STAR RESOURCES LTD down 10%.
Soul Pattinson Ceases to Be Substantial Holder in Peninsula Energy
Peninsula Energy ( (AU:PEN) ) has issued an announcement.
Washington H. Soul Pattinson and Company Limited and its subsidiaries have notified Peninsula Energy that they have ceased to be a substantial holder in the company as of 29 December 2025, following changes in relevant interests in Peninsula’s voting securities since their previous notice earlier in December. The move signals a reduction in exposure by a prominent institutional investor, which may influence Peninsula Energy’s shareholder base composition and could affect perceptions of institutional support and liquidity in the stock, although Soul Pattinson’s direct relevant interest in the related entity remains unchanged from mid-2025 levels.
Turkey signs LNG supply deal with Woodside Energy
Australia’s Woodside Energy has signed a liquefied natural gas (LNG) supply agreement with the state-backed Turkish Petroleum Pipeline Corporation (Botas).
Woodside will deliver nearly 5.8 billion cubic metres of natural gas equivalent, or 0.5 million tonnes per annum (mtpa) of LNG, for up to nine years starting in 2030, it said in a statement.
Northern Star Shares Slide After Gold Output Guidance Cut
Shares in Northern Star Resources Ltd. (NSTYY) fell as much as 10% after the Australian gold miner revised down its annual production outlook, following a series of maintenance and operational disruptions during the December quarter that weighed on output across its operations.
In a statement on Friday, the company lowered full-year production guidance to between 1.6 million and 1.7 million ounces, from a previous range of 1.7 million to 1.8 million ounces. Management said lower gold sales across its three production centers could impact costs, reflecting softer volumes tied to the recent operational setbacks.
