Origin Energy Ltd (ORG.AX)
22 May 2017
MELBOURNE Origin Energy Ltd said on Friday it has agreed to sell a gas pipeline network in Australia for A$392 million ($291 million), helping it beat its target proceeds for asset sales to cut debt.
MELBOURNE Australia's soaring natural gas prices are driving up power tariffs on the world's smallest continent, boosting prospects for China's biggest wind turbine maker, which is already set to buy the biggest wind farm project in the southern hemisphere.
* Boral completes acquisition of Headwaters Incorporated Source text for Eikon: Further company coverage:
* To complete acquisition of Headwaters Incorporated in early May
Feb 28 Australian shares rose on Tuesday, bolstered by buying in financial stocks as fund managers looked to improve their portfolios' performance before the end of the month.
Feb 16 Australian shares fell into the red after touching a 21-month high on Thursday, as gains from financials were offset by telecom stocks, which pulled back after Telstra Corp's profit decline.
MELBOURNE, Feb 16 Origin Energy Ltd fell far short of analysts' forecasts on Thursday, reporting a 28 percent drop in half-year underlying profit as weak oil prices hit revenue at its Australia Pacific liquefied natural gas (APLNG) project.
MELBOURNE, Feb 16 Origin Energy Ltd, Australia's top power and gas retailer, reported a 28 percent drop in half-year underlying profit on Thursday, far short of analysts' forecasts, as weak oil prices depressed revenue from Australia Pacific liquefied natural gas (APLNG).
MELBOURNE, Feb 15 Origin Energy tweaked up its earnings forecast but warned on Wednesday it will book a A$1.89 billion ($1.45 billion) charge in its half-year results, mainly on its stake in the Australia Pacific liquefied natural gas (APLNG) project.
MELBOURNE, Feb 15 Origin Energy warned on Tuesday it will book a A$1.89 billion ($1.45 billion) charge in its half-year results, mostly against the value of its stake in the Australia Pacific liquefied natural gas (APLNG) project.