Origin Energy Limited Reports Sales Results for the Fourth Quarter and Year Ended June 30, 2020 (2024)

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07:10:50 05/07/2024 BST
5-day change 1st Jan Change
10.77 AUD +0.75% Origin Energy Limited Reports Sales Results for the Fourth Quarter and Year Ended June 30, 2020 (1) -0.83% +27.15%
07-02 Origin Energy Acquires 20% Stake in Decarbonization Company MT
07-02 Empire Energy Group Appoints COO; Shares Up 5% MT

Origin Energy Limited reported sales results for the fourth quarter and year ended June 30, 2020. For the quarter, the company's Electricity sales was 7.8 TWH against 8.7 TWH a year ago. Natural gas sales was 67.2 PJ against 65.1 PJ a year ago.For the year, the company's Electricity sales was 33.5 TWH against 36.2 TWH a year ago. Natural gas sales was 259.2 PJ against 271.3 PJ a year ago.

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Origin Energy Limited Reports Sales Results for the Fourth Quarter and Year Ended June 30, 2020 (2)

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Company Profile

Origin Energy Limited is an Australia-based integrated energy company. The principal activity of the Company is the operation of energy businesses, including exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas. The Company’s segments include Energy Markets, Share of Octopus Energy, Integrated Gas, and Corporate. The Energy Markets segment is engaged in energy retailing and wholesaling, power generation, and liquefied petroleum gas (LPG) operations predominantly in Australia. The Share of Octopus Energy segment includes the Company's investment in Octopus Energy Group Limited. The Integrated Gas segment is focused on the investment in Australia Pacific LNG (APLNG), and exploration interests in the Cooper-Eromanga, and interest in Hunter Valley Hydrogen Hub on Kooragang Island. The Corporate segment provides various business development and support activities.

Sector

Electric Utilities

Calendar

30/07/2024 - June 2024 Sales and Revenue Release

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Ratings for Origin Energy Limited

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Origin Energy Limited Reports Sales Results for the Fourth Quarter and Year Ended June 30, 2020 (3)

Buy

Mean consensus

OUTPERFORM

Number of Analysts

11

Last Close Price

10.77AUD

Average target price

10.6AUD

Spread / Average Target

-1.58%

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Quarterly earnings - Rate of surprise

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Origin Energy Limited Reports Sales Results for the Fourth Quarter and Year Ended June 30, 2020 (14)

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Origin Energy Limited Reports Sales Results for the Fourth Quarter and Year Ended June 30, 2020 (2024)
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