Origin Energy Ltd

ORG: XASX (AUS)
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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.

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