Recent trade saw Woodside Energy (ASX:WDS) shares tumble down as much as 3.2% to A$29.560, marking their steepest intraday percentage drop since December 7.

The oil and gas producer has been trading ex-dividend.

The company announced a final dividend of 60 cents per share last month.

Amid these developments, the shares hit their lowest point since December 8.

As of the last close, the company’s stock has fallen 1.7% year to date.

Woodside Energy is an oil and gas producer.