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The latest announcement is out from Origin Energy Limited ( (AU:ORG) ).
Origin Energy Limited reported a statutory profit of $1,017 million for the half year ending 31 December 2024, reflecting a slight increase from the previous year. The improved performance was driven by strong earnings in Integrated Gas, despite lower earnings in Energy Markets and Octopus Energy. The company also saw a net cash outflow due to increased capital expenditures for its battery investment program. The board declared a fully franked interim dividend of 30 cents per share, indicating a robust financial standing and commitment to shareholder returns, while reinforcing its strategic focus on the energy transition.
More about Origin Energy Limited
Origin Energy Limited is a prominent player in the energy sector, primarily focusing on integrated gas and energy markets. The company is a significant contributor to the Australian energy landscape, including as a leading supplier of gas to the east coast market.
YTD Price Performance: -3.28%
Average Trading Volume: 2,441
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $10.95B
For a thorough assessment of ORG stock, go to TipRanks’ Stock Analysis page.
