Origin Energy (ORG)

28/04/2022 09:42

Origin Energy Ltd (ORG) $6.65

ORG has enjoyed a strong rebound over the past 12 months, with the stock rallying from below $4 to almost $7. At their March investor day, ORG announced a $250m on-market buy-back which commenced this month with more likely to follow, the board also announced a strategic change to their operations which was focused on lowering their cost base, expanding products (internet via Aussie Broadband an example of this) and accelerating...

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21/04/2022 09:14

Origin Energy (ORG) $6.68

Both ORG & AGL Energy have enjoyed a strong rebound in their respective share prices over the past 12 months, ORG running from below $4 to ~$6.50 while AGL has advanced by a greater margin. At their March investor day, ORG announced a $250m on-market buy-back which commenced this month with more likely to follow, they also announced a strategic change to their operations which broadly..

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09/03/2022 17:26

Origin Energy (ORG) $5.86

ORG +1.38%: Provided a ‘strategy refresh’ today and talked about the next leg of growth for the company, very much with the energy transition in mind. ORG are good at this, talking up future opportunities, they just have a bad habit of surprising on the downside when it comes to linking those opportunities with actual earnings. In any case, they did say they would buy back $250 million shares...

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03/03/2022 09:30

Origin Energy Ltd (ORG) $5.64

AGL has been in the news of late following Mike Cannon-Brooke’s low ball bid but we now prefer ORG in the space - Russia supplies 35% of European Gas hence gas prices should remain firm which flows into Asia region and simply ORG has more exposure to gas than AGL

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21/01/2022 09:24

Origin Energy (ORG) $5.92

Following a tough few years integrated energy retailer ORG has been showing real signs of a recovery over recent months aided by  a sustainable 3% dividend although its not as exciting as it was earlier in the year. MM likes ORG as a defensive play through 2022, an area where we will be looking for increased exposure moving forward.

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17/01/2022 09:28

Chapter 3 – Increase flexibility & quality

We have already touched on increasing defensives and cash through 2022 but what stocks to hold in respective sectors and the market as we alluded to earlier ultimately dictates portfolio performance and as we expect shorter and sharper cycles opportunities to buy & sell are likely to present themselves at regular times – not being active enough on the sell side was probably our largest portfolio detractor last year.

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28/10/2021 09:20

Origin Energy (ORG) $5.23

ORG has bounced over the last few months, the last piece of positive news being the sale of its 10% stake in Australia Pacific LNG for $2.21bn leaving it holding a 27.5% position and a bigger war chest to handle the major energy transition that it playing out around the globe. Some brokers are now calling ORG up towards $6 and we feel that’s a strong possibility i.e. 15% higher. The stocks 3.35% yield is a nice added bonus making it an option for our Income Portfolio.

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08/10/2021 09:42

Origin Energy (ORG) $5.00

ORG has rallied over the last few weeks although in-line with recent sector rotation it slipped lower yesterday, its been an awful few years for this household name with the stock more than halving from its 2018 high. However we see value in this integrated energy business at current levels with a forecasted yield of 3.5% an added bonus.

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19/08/2021 08:11

Reporting Today (ASX, AIA, CDA, EVN, IPH, IRE, NCM, NWH, ORG, ORA, PPT, RBL, SGR, S32, TWE)

Companies reporting today on MM’s radar include: ASX (ASX) FY21 Results: Expectations for revenue of $941m, EBITDA of $681m, NPAT of $474m (down 7.6% on FY20), EPS of $2.45, FY Dividend $2.21. Market currently pricing NPAT for FY22 of $485m, a jump of ~2%.

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