ASX Share rice
Tue 04 Aug 2020 - 03:17: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:

5360

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

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 heating solutions; and ducted evaporative cooling systems. The company serves approximately 4.2 million electricity customers. Origin Energy Limited was founded in 1946 and is based in Barangaroo, Australia.

ORG Share Price Information

Shares Issued:

1.76B

Market Capitalisation:

$10.07B

Dividend per Share:

$0.3

Ex Dividend Date:

2020-03-02

Dividend Yield:

5.25%

Revenue (TTM):

$13.82B

Revenue Per Share (TTM):

$7.86

Earnings per Share:

$0.575

Profit Margin:

0.0734

Operating Margin (TTM):

$0.04

Return On Assets (TTM):

$0.01

Return On Equity (TTM):

$0.08

Quarterly Revenue Growth (YOY):

-0.121

Gross Profit(TTM):

$2.62B

Diluted Earnings Per Share (TTM):

$0.575

QuarterlyEarnings Growth(YOY):

-0.248

ORG CashFlow Statement

CashFlow Date:

2019-06-30

Investments:

$589M

Change To Liabilities:

$-175,000,000

Total Cashflow From Investing Activities:

$589M

Net Borrowings:

$185M

Net Income:

$1.21B

Total Cash From Operating Activities:

$1.33B

Depreciation:

$291M

Other Cashflow From Investing Activities:

$116M

Dividends Paid:

$-165,000,000

Change To Inventory:

$58M

Change To Account Receivables:

$207M

Sale Purchase Of Stock:

$-77,000,000

Capital Expenditures:

$208M

ORG Income Statement

Income Date:

2019-06-30

Income Before Tax:

$1.28B

Net Income:

$1.21B

Gross Profit:

$2.50B

Operating Income:

$601M

Other Operating Expenses:

$817M

Interest Expense:

$388M

Income Tax Expense:

$64M

Total Revenue:

$14.63B

Total Operating Expenses:

$1.90B

Cost Of Revenue:

$12.13B

ORG Balance Sheet

Balance Sheet Date:

2019-06-30

Intangible Assets:

$563M

Total Liabilities:

$12.59B

Total Stockholder Equity:

$13.13B

Other Current Liabilities:

$331M

Total Assets:

$25.74B

Common Stock:

$7.16B

Other Current Assets:

$112M

Retained Earnings:

$4.92B

Other Liabilities:

$1.46B

Good Will:

$4.82B

Other Assets:

$864M

Cash:

$1.55B

Total Current Liabilities:

$4.27B

Short-Term Debt:

$0.95B

Property - Plant & Equipment:

$3.70B

Net Tangible Assets:

$7.75B

Long-Term Investments:

$10.11B

Total Current Assets:

$5.16B

Long-Term Debt:

$6.64B

Net Receivables:

$735M

Short-Term Investments:

$20.58B

Inventory:

$137M

Accounts Payable:

$2.01B

Non Currrent Assets (Other):

$43M

Short-Term Investments:

$20.58

Non Current Liabilities Total:

$8.33B

ORG Share Price History

ORG News

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.
27 May, 2020
Could Origin Energy Limited (ASX:ORG) be an attractive dividend share to own for the long haul? Investors are often...
07 May, 2020
Lockdowns to slow the coronavirus pandemic are pummelling gas demand in the world's biggest buyers of liquefied natural gas (LNG), pushing Asia's spot prices to record lows and forcing some suppliers to start cutting output. Economies worldwide have ground to a halt as virus containment measures have taken their toll, slashing gas demand for power generation, heating, cooking, vehicles and chemical manufacture. Asia's spot LNG prices dropped to $1.85 per million British thermal units (mmBtu) last week, the lowest ever, as cargoes have flooded the market.
30 Apr, 2020
Moody's Investors Service has today affirmed Origin Energy Limited's Baa2 long term issuer and senior unsecured debt ratings, and its P-2 short-term issuer rating. Moody's has also affirmed Origin Energy Finance Limited's Baa2 backed senior unsecured rating and its (P)Baa2 backed senior unsecured MTN program rating.
29 Apr, 2020
Electricity and gas retailer Origin Energy Ltd said on Thursday revenue from its stake in the Australia Pacific LNG (APLNG) joint venture fell 17.7% in the third quarter, hurt by lower contracted LNG sales. Origin, which controls a third of Australia's energy retailing market, said its share of APLNG revenue came in at A$628.5 million for the quarter ended March 31, down from A$763.9 million a year earlier. The figure was slightly below a RBC Capital Markets estimate of A$692 million.
21 Apr, 2020
In this article we are going to estimate the intrinsic value of Origin Energy Limited (ASX:ORG) by estimating the...
24 Mar, 2020
19 Mar, 2020
To the annoyance of some shareholders, Origin Energy (ASX:ORG) shares are down a considerable 48% in the last month...
10 Mar, 2020
Half Year 2020 Origin Energy Ltd Earnings Presentation
26 Feb, 2020
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Origin...
13 Feb, 2020
S&P Global said on Thursday that China National Offshore Oil Corp's (CNOOC) recent declaration of force majeure on some liquefied natural gas (LNG) imports will not affect its ratings or that of Australian LNG exporters. CNOOC, China's biggest LNG importer, has invoked force majeure to suspend contracts with at least three suppliers, two sources told Reuters on Feb. 6.
27 Jan, 2020
Ideally, your overall portfolio should beat the market average. But even the best stock picker will only win with some...
30 Dec, 2019
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...
02 Dec, 2019
In 2016 Frank Calabria was appointed CEO of Origin Energy Limited (ASX:ORG). First, this article will compare CEO...
19 Nov, 2019
Energy retailer Origin Energy on Wednesday said it was actively looking to expand its Australian onshore exploration efforts, while signaling higher output for its Australia Pacific LNG project. Origin, which has begun drilling in the Beetaloo Basin in the Northern Territory, said exploration was progressing well and that first results were expected in the fourth quarter of fiscal 2020. The Sydney-based firm increased its fiscal 2020 production guidance from its stake in Australia Pacific LNG to around 690 to 710 petajoules (PJ), compared to its earlier forecast of 680 to 700 (PJ).
08 Nov, 2019
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
22 Oct, 2019
If you want to know who really controls Origin Energy Limited (ASX:ORG), then you'll have to look at the makeup of its...
02 Oct, 2019
Today we'll take a closer look at Origin Energy Limited (ASX:ORG) from a dividend investor's perspective. Owning a...

ORG Dividend Payments

EX-Date Dividend Amount
2010-03-01$0.2500
2010-08-31$0.2500
2011-02-28$0.2500
2011-08-29$0.2500
2012-02-27$0.2500
2012-08-28$0.2500
2013-02-25$0.2500
2013-08-27$0.2500
2014-02-24$0.2500
2014-08-26$0.2500
2015-02-23$0.2500
2015-08-25$0.2500
2016-02-22$0.1000
2019-02-28$0.1000
2019-09-02$0.1500
2020-03-01$0.1500

ORG Dividends (last 9 Years)