Origin Energy Ltd
ORG: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.r | LOCK|v^j | LOCK|q%XXQ@ |
Origin Energy: Soft LNG and Octopus Performances, but High Oil Prices to Boost Earnings Soon
Origin Energy's March quarter was soft. APLNG revenue fell 12% on the prior quarter because of lower production, lower LNG prices, and reduced domestic gas sales. Electricity sales volumes increased 4% on data center demand, while earnings guidance for UK-based Octopus Energy was downgraded.
