Origin Energy Ltd
ORG: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.H% | LOCK|?k | LOCK|C@X!W& |
Weak Electricity Prices Weigh on Origin's Outlook, but High LNG Prices Are Supportive
Business Strategy and Outlook
Origin Energy offers exposure to relatively defensive Australian energy retailing and highly volatile liquefied natural gas exports. As a producer of commodities, Origin is a price-taker and has few competitive advantages. Capital and efficient scale are potential barriers to competition, but they're not strong enough to justify an economic moat.
