Australian (ASX) Stock Market Forum

ORG - Origin Energy

Jump to new
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
 
divs4ever said:

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

Click to expand...
⬆️[/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
 
finicky said:
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
Click to expand...

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
 
*****LOGIC BEHIND CHOICE OF FULL CALENDAR YEAR 2025 STOCK TIPPING COMPETITION***** @mullokintyre

Origin Energy Limited (ORG) has performed quite well throughout the 2024 calendar year, especially on a comparative scale to the Australian Energy Sector (XEJ), and has also managed to stay above the 30 week moving average for a higher proportion of time individually for more of the calendar year compared to the Australian Utilities Sector (XUJ), even though ORG is the largest component of the XUJ by market weight. With Australia's passion for dividends and dividend paying companies, it is presumed that there will be continued demand for companies such as ORG, which should maintain a decent share price, especially in the possibility of a market downturn (remembering that utility stocks are generally considered defensive in nature). These factors, along with the charts suggesting continuing bullish sentiment, maintain logic for choice within the stock tipping competition.

1735525690541.png
 
Good evening
Chart update and 6-7 year old SP high achieved today (15/01/25) Back to 2016 levels or thereabouts !!! Nice.
One minute
1736940901748.png

Hourly
1736941008708.png

EDIT: Not holding
Have traded
 
***** MONTHLY UPDATE FOR FULL CALENDAR YEAR 2025 STOCK TIPPING COMPETITION - @mullokintyre *****

February 2025 - Following on from last month's update for Origin Energy (ORG), the share price retraced harshly right at the end of the month and sunk directly through the raised stop loss from the Darvas box technique ($10.55), only to continue even further below the base of the original Darvas box, indicating further weakness. There has been an improvement in share price since the release of half year results in mid-February, which is probably now bringing in value investors and those looking for defensive plays (momentum traders appear to have disappeared at this stage). Short-term positivity may result in some trend development, however a lot of overhang now exists on the daily chart from all of the trade that exists in January - charts suggest to be wary of potential resistance amongst the congestion.

1740289187169.png
 
***** MONTHLY UPDATE FOR FULL CALENDAR YEAR 2025 STOCK TIPPING COMPETITION - @mullokintyre *****

March 2025 - Following on from last month's update for Origin Energy (ORG), the share price remains stuck in a sideways trajectory after the weakness expressed in January/February when the Darvas box had failed. This sideways movement may not be such a bad thing compared to the overall market (i.e.: relative strength), with market participants potentially seeing this 'utility play' a defensive move should the market downturn worsen (unless everything flushes). Observe to see if moving averages hold as an indication for potential future price direction, keeping in mind the suggestion from the charts of potential resistance above from the congestion that remains from January's trading zone.

1743312255977.png
 
Check out the range and recovery of ORG today.
One of the five stocks that Greg Canavan of 'fat tail' is suggesting that subscribers add to today.
Four of the five are energy stocks, two are coal.
Thinks 'the market' is in panic mode and subscribers should be patiently layering in where value presents.

Quote excerpt:
"To be clear, I’m not buying here with the expectation of buying the low or catching a bounce in the next few weeks.
This is about buying into companies at good long-term prices while everyone else is panic selling. It may feel dumb/wrong in the short term, but it is the right thing to do for the long-term investor.
Energy prices are approaching levels where marginal cost supply will exit the market. As the saying goes, low prices are the cure for low prices."

Not Held
No plan to Buy

DAILY
big - 2025-04-07T163752.976.gif
 
finicky said:
Check out the range and recovery of ORG today.
One of the five stocks that Greg Canavan of 'fat tail' is suggesting that subscribers add to today.
Four of the five are energy stocks, two are coal.
Thinks 'the market' is in panic mode and subscribers should be patiently layering in where value presents.

Quote excerpt:
"To be clear, I’m not buying here with the expectation of buying the low or catching a bounce in the next few weeks.
This is about buying into companies at good long-term prices while everyone else is panic selling. It may feel dumb/wrong in the short term, but it is the right thing to do for the long-term investor.
Energy prices are approaching levels where marginal cost supply will exit the market. As the saying goes, low prices are the cure for low prices."

Not Held
No plan to Buy

DAILY
View attachment 197050
Click to expand...
Interesting... Is Greg classifying ORG as an energy stock? Technically, ORG, just like AGL, are utility stocks, although they both share elements of energy stocks. Agreed, the names (and their activities) can be misleading in this respect, but the classifications are clear at sites such as Market Index, which can also reflect in differences in their share price performance - i.e.: top-down analysis based on sector performance.
 

Our proud history​

We may be a relatively young company, but our legacy dates back 150 years through our connection to Boral.

We’re a leading Australian integrated energy company, with 4.2 million electricity, gas and LPG customer accounts. Through our joint venture Australia Pacific LNG, we supply 30 per cent of east coast demand and export LNG to customers in Asia.

Here’s a snapshot of some key moments that mark major achievements in our growth since our formation in 2000.

2020​

Acquired 20% interest in UK company Octopus Energy, and an Australian licence for the Kraken customer platform.
APLNG exported its 500th cargo.
More than $27m distributed by Origin Energy Foundation since inception.

2019​

Launched our Stretch Reconciliation Action Plan, continuing our commitment to advance Australia’s reconciliation efforts.

2018​

Launched new Origin Values, guiding the way our people work.

2017​

Committed to halve our emissions (Scope 1 and Scope 2) by 2032.
Booked Australia’s first significant shale gas resource in the Beetaloo Basin.
Introduced a new company purpose: Getting energy right for our customers, community and planet.
Launched our Origin mobile app, helping electricity and natural gas customers control their energy use and costs.

2016​

The $24.7 billion Australia Pacific LNG project commenced production in late 2015, with the first cargo of liquefied natural gas (LNG) shipped on Saturday, 9 January 2016.
Origin’s first CEO and Managing Director, Grant King, retires. Frank Calabria appointed CEO.

2015​

Divested our 53.09 per cent shareholding of Contact Energy Ltd in New Zealand. We will continue to operate oil and gas projects and hold petroleum exploration interests in the nation.
Joined the We Mean Business global climate action coalition – the first company in Australia and first energy company in the world to commit to seven targets to drive emissions reduction across our business.
Launched our Reconciliation Action Plan, as a demonstration of our commitment to Indigenous Australians.

2014​

Completed construction of the Australia Pacific LNG Project main gas transmission pipeline, linking the gas fields in Queensland with the LNG facility on Curtis Island.
Listened to our customers and to better meet their needs, we remove exit fees from residential electricity and natural gas plans, extend our call centre hours and introduce more flexible payment options.
Launched littleBIGidea to encourage young inventors to share their ideas to solve real-world problems.

2013​

Acquired Eraring Energy, Australia’s largest power station and our cogeneration business delivers low-carbon energy to Victorian customers.

2012​

Our renewable energy interests grow as we progress a potential major hydroelectric development in Chile. We also secured our largest ever wind power purchase agreement underpinning the development of Trustpower’s Snowtown II Wind Farm in South Australia

Launched the first web-enabled mass-market solution for Australian customers to provide near real-time access to energy use and costs.

2011​

Became Australia’s largest energy company, acquiring 1.6 million new customer accounts from Country Energy and Integral Energy in NSW.

2010​

Marked our 10th anniversary by giving back, investing $50 million to establish the Origin Energy Foundation.
Our Kupe gas project and Darling Downs power station commence operations and we’re given approval for 157 turbines at the Stockyard Hill Wind Farm.

2009​

Operations commence at our first owned wind farm at Cullerin Range.

2008​

Our portfolio of natural gas-fired generators grew as we acquired Uranquinty Power Station and approved construction of Mortlake Power Station.
Commercialised our coal seam gas (CSG) assets through a multibillion dollar joint venture named Australia Pacific LNG.

2007​

Became Australia’s leading retailer of green energy with around 500,000 green energy customer accounts and we say hello to around 800,000 new Queensland customers when we acquire Sun Retail.
Our carbon reduction scheme launches, helping businesses reduce their impact on the environment.

2006​

Commissioned the BassGas Project, which is capable of meeting almost 10 per cent of Victoria’s gas needs.

2005​

Production commences at our Spring Gully CSG processing facilities in Queensland.

2004​

Our geographic footprint extends to New Zealand, with 50% interest in the Kupe Gas Field and 51.2% interest in Contact Energy.
Construction and commissioning of the SEA Gas Pipeline is completed, linking Victorian and South Australian gas markets.

2002​

CSG becomes a big focus, as we invest in the Fairview and Durham CSG fields in Queensland.

2000​

In February 2000, Boral shareholders approved the demerger of the energy business from the building and construction materials business. The demerged energy business became a new company known as Origin Energy
 


Write your reply...
Top