Earnings Alerts

Unveiling Origin Energy (ORG) Earnings: A Deep Dive into the 1H Net Income of A$995M

By February 15, 2024 No Comments
  • Origin Energy‘s net income for the first half was A$995 million.
  • Their underlying Ebitda was A$2.00 billion.
  • The Energy Markets underlying Ebitda stood at A$1.04 billion.
  • Total revenue for the period was A$8.00 billion.
  • The interim dividend per share was A$0.275.
  • The company received 5 buy ratings, 4 hold ratings, and no sell ratings.

Origin Energy on Smartkarma

Origin Energy, an Australian energy company, has recently been receiving attention from independent analysts on Smartkarma, an investment research network. According to analysts Arun George, David Blennerhassett, and others, the company is facing a potential merger with Brookfield/EIG. However, the alternative proposal put forth by the consortium is not gaining much support from shareholders. In fact, George believes that the company’s stock may see an 11% decrease if the proposal does not go through. Blennerhassett also notes that the alternative proposal is viewed as “inferior” and may not meet the required approval from shareholders. The company’s scheme meeting has been postponed to December 4th, and investors are eagerly waiting to see how this situation unfolds.


A look at Origin Energy Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE3.4

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 integrated energy company, has been given an overall Smart Score of 3.4 out of 5 by Smartkarma. This score is determined by several factors, including value, dividend, growth, resilience, and momentum. Origin Energy scored a 3 for both value and dividend, indicating that the company is fairly priced and offers a stable dividend to its shareholders. On the other hand, the company scored a 5 for growth, indicating that it has a strong potential for future growth. However, Origin Energy received a lower score of 2 for resilience, suggesting that it may face some challenges in the long-term. Nonetheless, the company scored a solid 4 for momentum, indicating that it is currently performing well in the market.

Based on the Smart Scores, the long-term outlook for Origin Energy looks promising. With a strong potential for growth and solid momentum, the company is well-positioned to continue its success in the energy market. However, investors should also consider the lower score for resilience, which could indicate potential risks for the company in the future. Overall, Origin Energy‘s diverse portfolio, including its renewable energy and LNG interests, makes it a strong player in the Australian energy market. As always, investors should conduct their own research and analysis before making any investment decisions.


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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