ASX Share rice
Fri 14 May 2021 - 08:26:pm (Sydney)

ORG Share Price

ORIGIN ENERGY LIMITEDORGEnergy

ORG Company Information

Name:

Origin Energy Limited

Sector:

Energy

Industry:

Oil & Gas Integrated

GIC Industry:

Oil, Gas & Consumable Fuels

GIC Sub Industry:

Integrated Oil & Gas

Address:

Tower 1 Barangaroo NSW Australia 2000

Phone:

61 2 8345 5000

Full Time Employees:

5200

MD, CEO & Exec. Director:

Mr. Frank G. Calabria BEc, GradDip, MBA, FCA, FFin

Chief Financial Officer:

Mr. Lawrence John Tremaine

Exec. Gen. Mang. of Energy Supply & Operations:

Mr. Greg Jarvis

Exec. Gen. Mang. of Retail:

Mr. Jon Briskin

Exec. Gen. Mang. of Integrated Gas:

Mr. Mark Schubert

Director of Group Communications & Investor Relations:

Ms. Kylie FitzGerald

Gen. Counsel and Exec. GM of Company Secretariat, Risk & Governance:

Ms. Kate Jordan

Exec. Gen. Mang. of Future Energy & Bus. Devel.:

Mr. Anthony Lucas

Exec. Gen. Mang. of People & Culture:

Ms. Sharon Ridgway

Company Sec.:

Ms. Helen Hardy

Company Overview:

Origin Energy Limited, an integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally. The company operates in Energy Markets and Integrated Gas segments. Its exploration and production portfolio includes the Bowen and Surat basins in Queensland; the Browse basin in Western Australia; and the Beetaloo basin in the Northern Territory. The company also generates electricity from coal, wind, pumped water storage, solar, and cogeneration plants; sells electricity, natural gas, and LPG; provides GreenPower and green gas products; and supplies LPG to homes and businesses. In addition, it offers electric and gas hot water systems, as well as hot water systems repair and replacement services; split system air conditioners; ducted and space heating solutions; ducted evaporative cooling systems; and ducted reverse cycle air conditioning systems. Origin Energy Limited was founded in 1946 and is based in Barangaroo, Australia.

ORG Share Price Information

Shares Issued:

1.76B

Market Capitalisation:

$7.11B

Dividend per Share:

$0.225

Ex Dividend Date:

2021-03-03

Dividend Yield:

5.58%

Revenue (TTM):

$12.54B

Revenue Per Share (TTM):

$7.13

Earnings per Share:

$0.047

Profit Margin:

-0.0401

Operating Margin (TTM):

$0

Return On Assets (TTM):

$0

Return On Equity (TTM):

$-0.04

Quarterly Revenue Growth (YOY):

-0.099

Gross Profit(TTM):

$2.45B

Diluted Earnings Per Share (TTM):

$-0.287

QuarterlyEarnings Growth(YOY):

-0.979

ORG CashFlow Statement

CashFlow Date:

2020-06-30

Investments:

$0.94B

Change To Liabilities:

$-180,000,000

Total Cashflow From Investing Activities:

$862M

Net Borrowings:

$-1,248,000,000

Net Income:

$83M

Total Cash From Operating Activities:

$0.95B

Depreciation:

$379M

Other Cashflow From Investing Activities:

$308M

Dividends Paid:

$-475,000,000

Change To Inventory:

$-26,000,000

Change To Account Receivables:

$217M

Sale Purchase Of Stock:

$-75,000,000

Capital Expenditures:

$375M

ORG Income Statement

Income Date:

2020-06-30

Income Before Tax:

$179M

Net Income:

$83M

Gross Profit:

$2.20B

Operating Income:

$-770,000,000

Other Operating Expenses:

$1.14B

Interest Expense:

$298M

Income Tax Expense:

$93M

Total Revenue:

$13.16B

Cost Of Revenue:

$10.73B

ORG Balance Sheet

Balance Sheet Date:

2020-06-30

Intangible Assets:

$602M

Total Liabilities:

$12.41B

Total Stockholder Equity:

$12.68B

Other Current Liabilities:

$1.10B

Total Assets:

$25.09B

Common Stock:

$7.16B

Other Current Assets:

$748M

Retained Earnings:

$4.82B

Other Liabilities:

$2.13B

Good Will:

$4.82B

Other Assets:

$674M

Cash:

$1.24B

Total Current Liabilities:

$4.64B

Property - Plant & Equipment:

$4.52B

Net Tangible Assets:

$7.26B

Long-Term Investments:

$9.59B

Total Current Assets:

$4.67B

Long-Term Debt:

$5.01B

Net Receivables:

$2.05B

Short-Term Investments:

$20.43B

Inventory:

$164M

Accounts Payable:

$1.83B

Non Currrent Assets (Other):

$40M

Short-Term Investments:

$20.43

Non Current Liabilities (Other):

$16M

Non Current Liabilities Total:

$7.76B

ORG Share Price History

ORG News

05 May, 2021
Australia's Origin Energy said on Wednesday it has lined up a four-year natural gas supply deal with Australia Pacific LNG (APLNG) starting from 2022 that could help fill a shortfall looming in the country's southern states. Pricing for the 91 petajoules of gas will be tied to the Japan Korea Marker benchmark price, Origin said, which is typically used for spot liquefied natural gas (LNG) cargoes in Northeast Asia and not for domestic purchases. "Origin has taken a major step towards securing gas supply for domestic customers, particularly in southern states, through a period in which (the Australian Energy Market Operator) has identified a potential shortfall for the market," Greg Jarvis, Origin's energy supply general manager, said in a statement.
26 Feb, 2021
Readers hoping to buy Origin Energy Limited ( ASX:ORG ) for its dividend will need to make their move shortly, as the...
17 Feb, 2021
Origin Energy Ltd said onThursday its first-half profit was nearly wiped out, hurt bypersistent weakness in wholesale electricity prices, andforecast challenging times ahead for its energy marketsbusiness. Underlying profit from the electricity and gas retailer'senergy markets division was A$635 million, down 12% compared tolast year. Most of the earnings for the division came from itsstake in the Australia Pacific LNG (APLNG) project.
07 Feb, 2021
Many investors define successful investing as beating the market average over the long term. But the risk of stock...
23 Dec, 2020
The U.K.’s Octopus Energy has attained a $2.06 billion valuation (£1.5 billion) after attracting a $200 million (£150 million) investment from Tokyo Gas, for a 9.7% stake, in order to launch a joint venture. Octopus will own 30% of the venture, with Tokyo Gas owning the majority. After five years of operation, Octopus is now close to the valuation of British Gas owner Centrica.
10 Nov, 2020
Does the November share price for Origin Energy Limited (ASX:ORG) reflect what it's really worth? Today, we will...
29 Oct, 2020
Origin Energy said on Friday first-quarter revenue from its stake in the Australia Pacific LNG (APLNG) project fell 46%, hurt by lower realised prices for its oil and gas. The Sydney-based power and gas retailer posted revenue of A$373.9 million ($266.55 million) from the joint venture in the September quarter, compared with A$688.3 million a year ago. APLNG is a joint venture between Origin, ConocoPhillips and China's Sinopec, and it is the largest producer of natural gas in eastern Australia.
11 Sep, 2020
Frank Calabria became the CEO of Origin Energy Limited (ASX:ORG) in 2016, and we think it's a good time to look at the...
30 Jul, 2020
(Bloomberg Opinion) -- In folklore, the will-o’-the-wisp is a spirit that lives in marshlands, beckoning night-time travelers with its mysterious light until they stumble in darkness to their demise.The phenomenon is thought to be caused by igniting swamp methane, so it’s oddly appropriate that one of the world’s largest exporters of such fossil gas seems intent on pursuing that industry to its own destruction. An Australian task force on helping the manufacturing industry recover from Covid-19 will recommend subsidies for gas infrastructure and bringing in the government as a guaranteed buyer if commercial customers don’t show sufficient demand, the Sydney Morning Herald and Age newspapers reported Wednesday.That’s an extraordinarily bad idea. Australia’s determination to use taxpayer funds to bring uncommercial gas projects online has helped swell a glut of methane in the seaborne trade over the past decade as operators including Chevron Corp., Santos Ltd., Origin Energy Ltd., Royal Dutch Shell Plc, and Woodside Petroleum Ltd. built plants capable of exporting more than 100 billion cubic meters a year. That oversupply has pushed spot prices for Asian liquefied natural gas as low as $2 per million British thermal units this year, an 80% drop on levels that prevailed a decade ago. Despite its own surging exports, that hasn’t been a win for Australia.While exports of oil and LNG now total around A$60 billion ($43 billion) a year, an immense tax offset granted to builders of export facilities worth nearly a quarter of a trillion dollars has ensured that revenues from petroleum taxes average little more than A$1 billion annually. Qatar, which is still marginally ahead as the world’s biggest LNG exporter, has built an entire economy on petroleum royalties. Australia, on the other hand, makes more than twice as much from beer excise tax.The building of the current crop of export facilities sparked a jobs boom nearly a decade ago, but that dissipated once construction ceased. Employment in oil and gas production now totals about 20,500 people. Bookings agent Flight Centre Travel Group Ltd. has a workforce about the same size as Australia’s entire upstream petroleum industry.To be sure, oil and gas extraction is now a significant sector, accounting for about A$44 billion of gross value added per year. Still, the 2.3% of gross domestic product looks like a poor return on the decades of industrial policy that were needed to develop it.The current push for further subsidies is likely to make a bad problem worse. It’s a priority for a manufacturing task force because the previous gas projects on the populous east coast were designed entirely for export, starving industry of the artificially cheap fuel that some countries (and the remote state of Western Australia) reserve for domestic use.But Australia’s industrial sector is never going to be a powerhouse worthy of such interventions. Labor costs are too high and its location too remote from global supply chains for the country to be a significant player in large-scale complex manufacturing, as demonstrated by the collapse of its car industry over the past decade.Any set-aside gas generated as a result of the proposed policies is most likely to end up used in low-value applications like explosives and fertilizer. Together. these account for just a percentage point or so of goods exports, which don’t include major services exports such as tourism and education. At a time when the European Union and Joe Biden’s presidential campaign are looking at imposing tariffs or quotas on carbon-intensive imports, the idea that gas-fired manufacturing will lead to a renaissance of Australian industry seems delusional.The ultimate problem is that from the perspective of global petroleum companies, Australia’s relatively high costs put its potential projects outside the range of viable investments — and that field is already narrowing, thanks to the recent collapse in oil prices and rise of electrified transport.Only government spending and tax shields are capable of shifting Australian projects far enough down the cost curve to make sense, but that means that they’ll always be marginal and dependent on ongoing support. A typical 30-year gas project starting development in 2020 would face challenges to getting financed in a world that hopes to eliminate carbon emissions by 2050, but plenty of projects still manage. Indeed, the 96 billion cubic meters of new LNG capacity signed off last year was a record.Investors are quite capable of finding the rare fossil fuel projects that are strong enough to make a return in a de-carbonizing world. The trouble is, it’s not seeing them in Australia. Rather than using taxpayer money to put its thumb on those scales, Australia would be better stepping back and letting the market decide.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.David Fickling is a Bloomberg Opinion columnist covering commodities, as well as industrial and consumer companies. He has been a reporter for Bloomberg News, Dow Jones, the Wall Street Journal, the Financial Times and the Guardian.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
16 Jun, 2020
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Origin Energy Limited and other ratings that are associated with the same analytical unit. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
12 Jun, 2020
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Australia Pacific LNG Processing Pty Ltd and other ratings that are associated with the same analytical unit. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
27 May, 2020
Could Origin Energy Limited (ASX:ORG) be an attractive dividend share to own for the long haul? Investors are often...

ORG Dividend Payments

EX-Date Dividend Amount
2010-03-02$0.2125
2010-08-31$0.2125
2011-03-01$0.2125
2011-08-29$0.2187
2012-02-28$0.2187
2012-08-28$0.2187
2013-02-26$0.2187
2013-08-27$0.2187
2014-02-25$0.2187
2014-08-26$0.2187
2015-02-24$0.2187
2015-08-25$0.2187
2016-02-23$0.1000
2019-03-01$0.1000
2019-09-02$0.1500
2020-03-02$0.1500
2020-09-08$0.1000
2021-03-03$0.1250

ORG Dividends (last 10 Years)