Earnings Alerts

Origin Energy (ORG) Earnings Soar with 2Q APLNG Production at 100% Basis

By January 31, 2024 No Comments
  • Origin Energy produced 167.4 petajoules (PJ) of APLNG in the second quarter.
  • The company’s APLNG revenue on a 100% basis totalled A$2.38 billion.
  • APLNG sales on a 100% basis reached 160.4 PJ.
  • Origin Energy has received 4 buys, 4 holds, and 0 sell ratings.

Origin Energy on Smartkarma

Origin Energy, an Australian energy company, has been receiving coverage from independent analysts on Smartkarma, an investment research network. The latest coverage from Arun George, David Blennerhassett, and other analysts have shown a bearish sentiment towards the company. In his article “Merger Arb Mondays (4 Dec)”, George mentions that Origin Energy has one of the highest gross spreads at 14.6%, indicating a potential negative outlook for the company’s merger situation. Similarly, in his article “Mostly Asia-Pac Weekly Risk Arb Wrap”, Blennerhassett notes that Origin Energy is one of the deals being discussed and analyzed on Smartkarma with a bearish lean. The article also mentions that the company has postponed its scheme meeting due to a non-binding proposal from Brookfield/EIG, which the board believes will struggle to gain shareholder support. This could potentially lead to a decrease in the company’s share price, with a reasonable deal break price estimated at A$7.40, an 11% downside to the last close.


A look at Origin Energy Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth5
Resilience2
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Origin Energy Limited, an Australian energy company, has recently been utilizing the Smartkarma Smart Scores to evaluate its long-term outlook. The scores, ranging from 1 to 5, provide an overall indication of the company’s performance in different areas. According to the scores, Origin Energy has received a value score of 3, dividend score of 3, growth score of 5, resilience score of 2, and momentum score of 3.

Based on these scores, it can be inferred that Origin Energy has a positive long-term outlook. The company has a strong growth potential, with a score of 5 in that category. This is due to its diverse portfolio, including a generation portfolio, renewable energy portfolio, and unconventional gas and LNG interests. Additionally, the company’s value and dividend scores of 3 indicate stability and potential for future returns. However, Origin Energy may face some challenges in terms of resilience, with a score of 2, which could affect its ability to withstand market fluctuations. Overall, the Smartkarma Smart Scores suggest a promising future for Origin Energy as an integrated energy company.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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