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Origin Energy (ORG)

ASX.ORG $8.18

20 MINUTE DELAYED

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ASX.ORG $8.18

20 MINUTE DELAYED

TODAY

-0.73 %

1 YEAR RETURN

0.00%

VOLUME

11,586,318

DIV YIELD

4.46%

PE RATIO

13.34

52 WEEK RANGE

6.76

9.32

ANALYSIS
OPINION
ACTION

ANALYSIS

Overview

SHARE PRICE ACTIVITY
Last (Price)	8.18
Change	-0.06 (-0.73)
Bid / Ask	8.16 - 8.21
Volume	11,586,318
Volume (3mths avg)	0
Turnover	94,908,824
Open	8.18
Day Range	8.11 - 8.24
VWAP	8.19
Prev Close	8.24
Last Trade	01/12 4:10pm (AEST)

KEY INFORMATION
Sector	Utilities
Shares Issued	1,650,015,037
NTA/Share	0.00
Last Dividend	0.39
Dividend Ex Date	12 JAN 2024
Dividend Pay Date	23 JAN 2024

CURRENT ()
Revenue
EBITDA
Profit
Earnings Per Share (EPS)	0
Dividend Per Share (DPS)	0
Yield %	4.46
Market Cap	0
Price to Earnings Ratio (P/E)	13.34

TARGET PRICE FORECAST

ESTIMATES ()
Revenue	0.00
EBITDA	0.00
Profit	0.00
Earnings Per Share (EPS)	0.00
Dividend Per Share (DPS)	0.00

BROKER CONSENSUS RECOMMENDATION

BUY

SELL

Target Price

0.00

Lt Growth Rate

0.00

Recommendation ()

0.00

OPINION

10/10/2023 16:57

Origin Energy (ORG) $9.21

ORG +5.5%: the ACCC showed their softer side today, approving the Brookfield deal to acquire Origin Energy despite some vertical integration concerns. Brookfield already manages gas & electricity distributor AusNet, which raised the ACCC eyebrows given the similarities in Origin’s services.

23/02/2023 09:18

Origin Energy Ltd (ORG) $7.90

ORG was the best-performing stock on the ASX200 yesterday surging +12.7% even after Brookfield Asset Management lowered its takeover bid from $9 to $8.90 but importantly it’s nothing meaningful and they haven’t walked like so many have post-COVID. We now like the risk-reward towards ORG which will pay a 16.5c fully franked dividend next week, at around $8 we can see the stock up or down ~15% this financial year but we favour the upside which should be aided by bond yields approaching the end of their bullish cycle.

12/12/2022 16:52

Origin Energy (ORG) $7.19

ORG –7.82%: Hit today following recent developments around government intervention in gas and coal markets. The proposal around price caps etc is creating concern around the $9 per share takeover of ORG that is currently undergoing due diligence. The concern is that price caps on domestic gas and coal next year, and then controlled prices...

10/11/2022 17:08

Origin (ORG) $7.83

ORG +34.77%: shares in the energy retailer surged today after announcing Brookfield had put forward a $9/sh takeover offer. The takeover values Origin at $18.4b in a huge deal that would see the Canadian PE company partner with European energy investor EIG. The bid was a 54.9% premium to yesterday’s close with Origin’s board indicating they would accept the deal, granting the consortium exclusive due diligence. Shares still closed around 15% below the offer price after today’s surge.

28/10/2022 09:18

Origin Energy Ltd (ORG) $5.49

ORG delivered a messy FY22 result back in August but it hasn’t had a material impact on the stock which continues to rotate around $5.50 i.e. EBITDA for the 2nd half came in at a little over $1b, around 10% behind the market consensus for the period, the miss was driven by weaker-than-expected electricity earnings which came under pressure from higher energy purchase costs – sounds like ORG are feeling the same pinch as all of us!

18/08/2022 16:56

Origin Energy (ORG) $5.91

ORG -2.64%: a messy FY22 result and an overall miss from the energy provider today. EBITDA in the second half came in at a little over $1b, around 10% behind the market consensus for the period. The miss was driven by weaker than expected electricity earnings which came under pressure from higher energy purchase costs, squeezing margins...

03/08/2022 09:34

Origin Energy Ltd (ORG) $6.03

Integrated energy business ORG like most defensives has enjoyed 2022 rallying over +15% in a falling market. The stocks embraced a few factors in it’s favour but it’s not all been one-way traffic apart from the obvious migration down the risk curve by investors:

03/08/2022 09:32

Flagship Growth Portfolio

The MM Flagship Growth Portfolio enjoyed a +3.5% gain last week outperforming the market. As stocks rallied we’ve increased our cash position to 7%. For the month of July, the portfolio added 7.47%.

01/06/2022 16:51

Origin Energy (ORG) $5.91

ORG -13.72%: higher energy prices have helped support Origin in recent months but today a coal shortage has forced the company to walk from FY23 guidance. The company said it was receiving less than contracted volumes of coal from Centennial to its Eraring power plant which had forced them into buying energy on the spot market at significantly higher rates than anticipated. While they maintained FY22 guidance, a larger portion...

31/05/2022 09:10

Origin Energy Ltd (ORG) $6.82

Integrated energy company ORG has rallied strongly over the last 12-months helped by the recent announcement of a $250mn buyback plus their intention to accelerate the inevitable migration towards renewables and clean energy. We continue to believe this is a turnaround stock with the only question being has it run too hard too fast – its was at $17 back in 2008.

ACTION

ORG

UPDATED 11/10/2023 08:52

MM is neutral ORG

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ORG

UPDATED 23/02/2023 14:59

MM likes ORG under $8

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ORG

UPDATED 12/12/2022 17:01

MM is neutral ORG ~$7.00

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ORG

UPDATED 10/11/2022 17:55

The bid for ORG highlights the embedded value in the sector

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ORG

UPDATED 28/10/2022 09:33

MM is neutral ORG around $5.50

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ORG

UPDATED 18/08/2022 17:03

MM is neutral ORG ~$6.00

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ORG

UPDATED 03/08/2022 09:58

MM likes ORG into weakness

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ORG

UPDATED 01/06/2022 16:43

MM likes ORG under $6.50

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ORG

UPDATED 28/04/2022 20:50

MM now likes ORG around $6.30-40, only 4-5% lower

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ORG

UPDATED 22/04/2022 09:09

MM is neutral ORG ~$6.60, preferring to buy into a pullback

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Business Summary

A leading provider of electricity, natural gas, LPG and solar power, Origin Energy is committed to making energy more sustainable, affordable, intelligent and simplified. To that end, Origin manages an ever-expanding portfolio of domestic and global portfolios across wind, solar and storage technologies. The company explores potential new natural gas reserves, which it then plans to develop as an energy source for the future. Currently, Origin creates electricity from a range of sources including coal and natural gas as well as the wind and sun.

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Origin Energy (ORG)

ASX.ORG $8.18

14 DAYS FREE ACCESS

ASX.ORG $8.18

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Really bullish, there's more to go in the reflation rally

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