Woodside Petroleum Full-Year Profit Drops 41%

Woodside Petroleum (OTC: WOPEY ) reported a 41% drop in its full-year profit. Woodside's net profit for the year declined to US$1.75 billion, from a year-ago profit of US$2.98 billion. Its underlying profit slipped 17% to US$1.70 billion, versus analysts' estimates of US$1.80 billion. Woodside raised its final dividend payout