ASX energy shares to include in your portfolio

The following ASX energy stocks have performed very well this year supported by higher realised prices along with strong operational performance and investor confidence in its future earnings potential.

ASX energy stocks

Woodside Energy Group Limited (ASX: WDS)

Santos Limited (ASX: STO) 

Whitehaven Coal Limited (ASX: WHC) 

Woodside Energy Group Limited (ASX: WDS)

Woodside Energy Group Limited  has a market capitalisation of about $60.96 billion and is one of the best ASX energy companies because of its world-class LNG portfolio along with large global projects and exposure to long-term energy demand growth.

The company in the first quarter of FY26 reported a 7% quarter-on-quarter rise in operating revenue to US$3.26 billion while the average realised price increased 11% to US$63 per barrel of oil equivalent because of stronger global energy prices.

Operational performance across key assets were extremely strong as Sangomar recorded 99.9% reliability while Pluto LNG achieved 100% reliability for the third straight quarter and the North West Shelf Project delivered 99.7% reliability.

The company’s current annual fully franked dividend yield is 5.16%.
Woodside’s long-term growth outlook is attractive because the Scarborough Energy Project is now 96% complete and is on schedule for its first LNG cargo in Q4 2026 while the Louisiana LNG project and Trion Project continue to progress within budget and timeline expectations.

Santos Limited (ASX: STO) 

Santos Limited has a current market capitalisation of about $26.24 billion and is one of the top ASX energy stocks with potential because of its diversified LNG portfolio along with disciplined capital allocation and several major growth projects.

The company in the first quarter of FY26 reported solid performance as production rose 3% year-on-year to 22.5 mmboe while quarterly sales revenue increased to about $1.27 billion and free cash flow from operations stayed strong at nearly $383 million despite ongoing investment across growth projects.

Strong reliability metrics were also reported across major assets which included PNG LNG plant reliability above 98% and Moomba Plant reliability above 99% while Pluto-linked Barossa operations moved closer towards full ramp-up and reflected the quality of the operating base.

A key recent development was the achievement of first oil at the Pikka Project in Alaska which management described as a tier-one long-life asset that can support major long-term production growth with plateau production expected to reach 80,000 barrels per day during the third quarter of 2026.

The company also improved its long-term outlook through the Barossa LNG project along with Papua LNG development Moomba optimisation initiatives and Quokka appraisal success while management targets production and sales volumes of 101 to 111 mmboe for FY26 and the current annual dividend yield stands at about 4.31%.

Whitehaven Coal Limited (ASX: WHC) 

Whitehaven Coal Limited has a market capitalisation of about $6.57 billion and is one of the ASX energy stocks with potential because of its diversified metallurgical and thermal coal portfolio along with disciplined capital management.

The company during the March 2026 quarter reported managed ROM coal production of 9.5Mt while equity sales of produced coal reached a strong 6.8Mt.

Commodity prices also supported performance as the PLV HCC metallurgical coal index increased 18% quarter-on-quarter while the gC NEWC thermal coal index moved up 11%.
NSW operations delivered particularly solid results with managed saleable coal production in the region increasing 16% year-on-year while managed sales of produced coal rose 17%.

The company also maintained a resilient balance sheet as net debt improved to about $0.6 billion from $0.7 billion in the prior quarter while refinancing initiatives are expected to reduce annual interest costs by around $50 million to $55 million from May 2026 onward.

(Source: Company Reports)