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General Information

Origin Energy Limited
ORG
http://www.originenergy.com.au
Integrated Oil & Gas
14,769
1,110

Current Price Data+

Current Price Open High Low Last Close Volume Price Movement
$13.31 $12.96 $13.35 $12.82 $12.82 3784435 $0.49 ( 3.82% )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Current Broker Consensus Recommendation

Buy
26/05/2015
3

Company Overview

Business Description
Origin Energy (ORG) is an integrated energy company focused on gas and oil exploration and production, power generation and energy retailing in Australia. Its key operating segments include oil & gas exploration and production, LNG operation, energy retailing and power generations. It also conducts the business in New Zealand through a 53.1% investment in Contact Energy.
Strategy Analysis
ORG looks towards a sustainable approach to developing the growth of the business. The focus is on maintaining its position as a leading Australasian integrated energy company that participates in most segments of the supply chain. The company seeks to deliver market leading performance for shareholders by identifying, developing and operating businesses which deliver value to customers. It also focuses on developing and procuring competitive sources of energy and related products and services to better meet customer energy needs. Origin Energy reported NPAT down 34% to $524.0m for the half year ended 31 December 2012. The key factors contributing to the decrease in statutory profit include: lower underlying profit; a lower net gain on items related to Australia Pacific LNG; and a net decrease in the fair value of financial instruments during the half year while a net increase was recorded in the prior half year. Revenues from ordinary activities were $7.38bn, up 14% from last year. Diluted EPS was 47.9 cents compared to 73.7 cents last year. Net operating cash flow was $790.0m compared to $758.0m last year. The interim dividend declared was 25 cents, in line with 25 cents last year. The company expects the regulatory and market competitive pressures that have affected the half year result in Energy Markets to continue into the second half of the 2013 financial year.

Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2016 F 984.2 89.4 46.2% 14.9 50.0 3.8% 100.0%
2015 F 673.1 61.1 -5.6% 21.8 50.0 3.8% 0.0%
2014 A 713.0 64.8 -6.4% 21.6 50.0 3.6% 0.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2014 A 2015 F 2016 F 2014 A 2015 F 2016 F 2014 A 2015 F 2016 F
Origin Energy (ORG) $14,225M -0.0702 -0.0879 0.5182 19.9378 21.8585 14.3980 3.90% 3.90% 3.90%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 1.27 22.50 1.09 1.27
Market 1.02 17.20 1.32 1.56
Sector 1.22 14.30 0.58 0.33

Directors

Name Position Start Date
Ms Karen Anne Moses Executive Director 25/03/2009
Mr Grant Alfred King Managing Director 18/02/2000
Mr John Howard Akehurst Non-Executive Director 29/04/2009
Sir Ralph James Norris Non-Executive Director 18/04/2012
Dr Helen Marion Nugent Non-Executive Director 25/03/2003
Ms Maxine Nicole Brenner Non-Executive Director 15/11/2013
Mr Bruce William Distin Morgan Non-Executive Director 16/11/2012
Mr Gordon McK Cairns Non-Executive Director, Non-Executive Chairman 01/06/2007

Management

Name Position
D Barnes Chief Executive Officer, Contact Energy
F Calabria Chief Executive Officer, Energy Markets
D Baldwin Chief Executive Officer, LNG
P Zealand Chief Executive Officer, Upstream
Helen Hardy Company Secretary
Andrew Clarke Group General Counsel,Company Secretary

Substantial Shareholders

Holding Name
0 (0%) Not Disclosed in Annual Report

Calendar of Events

Date Event
28 April 2016 Report (Quarterly)
29 March 2016 Report (Interim)
18 February 2016 Report (Interim)
15 February 2016 Report (Interim)
29 January 2016 Report (Quarterly)
29 October 2015 Report (Quarterly)
16 September 2015 Report (Annual)
20 August 2015 Report (Prelim)
30 July 2015 Report (Quarterly)
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