Australian (ASX) Stock Market Forum

ORG - Origin Energy

well they are ASX listed so less hassle than internationally listed shares and of course there are no franking credits and increased FX fluctuations although that is not as bad as it has been in earlier years
 

Martin Conlon: The great Origin Energy debate and what it means for Australia​

⬆️[/ISPOILER] alert. just another puff piece from a seller of your grandma.

I'm a simple sort, Brookfled planned to relist it's v2.0 within 5 years , it was reported. After rip strip transfer and tax deduct their merry way to produce a carcass. To this country's benefit. [NOT]

Now, that the ghouls have moved on, there's a need for capital, yes, and a little less destraction. plus the emerging possibility ORG could be split up, into a few biz operations. Market thinks so. Sky is not falling. Quick buck Conlon can have a cold shower
Screenshot_20231205-203018_CommSec.jpg
 
From Market Index

Origin Energy: CEO selling at 5-year highs​

CodeCompanyDateDirectorTypePriceValue
ORGOrigin Energy17/04/24Frank CalabriaSell$9.60$1,824,000
ORGOrigin Energy17/04/24Frank CalabriaSell$9.60$201,600

Origin Energy experienced a 17% drawdown in the December quarter after rejecting a $10.6 billion Brookfield-led consortium bid. But the stock managed to recoup the drawdown pretty quickly, now up around 26% from December lows and trading at levels not seen since September 2018. The company's half-year results (announced 15 Feb) reported a 17-fold jump in underlying profit as well as a bigger-than-expected dividend.

Origin Chief Executive Frank Calabria has sold a little over $2 million worth of shares, marking his first on-market sell since November 2019 (or right before the pandemic hit). He beneficially owns 1.4 million shares in the company.
 
Market Matters afternoon report:
  • Origin Energy (ORG) -0.5% announced it was exiting its hydrogen ventures, citing costs
  • A setback for the labour government’s $2bn Hydrogen Headstart scheme, which had shortlisted Origin and Orica’s Hunter Valley project for funding – the most advanced project in the country
NOt Held
 
Market Matters afternoon report:
  • Origin Energy (ORG) -0.5% announced it was exiting its hydrogen ventures, citing costs
  • A setback for the labour government’s $2bn Hydrogen Headstart scheme, which had shortlisted Origin and Orica’s Hunter Valley project for funding – the most advanced project in the country
NOt Held

Cue #BlackOutBowen statements on how green hydrogen is going to lower the temperature in Australia and save the planet.
 
Market Matters:
Origin Energy Ltd (ORG) $10.18
ORG has advanced over 20% this year, rewarding investors with capital gain (on paper) and a fully franked yield well in excess of 5%. However, ORG has struggled since missing expectations with its FY24 result in August, and its forward guidance was weaker than anticipated. While the dividend is healthy, we expect a flatter dividend outlook moving forward, not the growth largely expected by the market.
  • We like ORG around the $10 area but prefer APA and AGL in the energy utilities sector.
ORG
MM is cautiously bullish ORG
ORG.png
CHART​
ico-05.png
Origin Energy Ltd (ORG)
LAST UPDATED 11/10/2024 08:56​

Not Held
 
Top