Australia's Origin Energy reports 84% jump in annual underlying profit
Furthermore, the net profit for the entire year reached A$1.06bn, marking a turnaround from the A$1.43bn loss recorded in the previous year.
Source: naturalgasworld.com
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Origin announces A$250mn share buyback plan
The programme is expected to begin in April.
Source: naturalgasworld.com
Origin Energy cuts earnings guidance
Origin Energy cuts earnings guidance Apr 16, 2021 11:45:am Summary The reduction comes following an arbitration order to pay Beach Energy more for gas following a contract price review. by: Shardul Sharma Posted in: Origin Energy cuts earnings guidance Australia’s Origin Energy on April 16 cut its annual earnings guidance for energy markets following an arbitration order to pay Beach Energy more for gas following a contract price review. Origin lowered its energy markets underlying Ebitda guidance for 2021 to A$940mn-1.02bn ($728mn-$791mn) from A$1bn-A$1.14...
Source: naturalgasworld.com