Origin Energy Limited (ASX: ORG)
Company Information Origin Energy Limited (ASX: ORG) Origin Energy Limited is an Australia-based integrated energy company. The principal activity of the Company is the operation of energy businesses, including exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas. The Company’s…
18 Share Tips – 13th November 2023
Jabin Hallihan, Morgans BUY RECOMMENDATIONS BUY – Karoon Energy (KAR) The oil producer posted a robust 2023 September quarter result. Oil production of 2.85 million barrels was up 69 per cent on the June quarter. A solid cash balance of $US181.5 million, a disciplined acquisitions approach and a steady Bauna operation contribute to…
18 Share Tips – 30th October 2023
Michael Gable, Fairmont Equities BUY RECOMMENDATIONS BUY – Whitehaven Coal (WHC) WHC recently announced it had acquired two metallurgical coal mines in Queensland from the BHP Mitsubishi Alliance (BMA). We believe the acquisition is a positive move for WHC. From a charting perspective, we have seen the stock break above a major resistance…
Origin Energy questioned over Russian link
DARWIN, AAP – A gas company exploring the Northern Territory’s Beetaloo Basin has denied any wrongdoing over its links to a Russian billionaire on Australia’s sanctions list. Origin Energy says it will comply with any directions from the Department of Foreign Affairs and Trade concerning Russian oligarch Viktor Vekselberg. Mr Vekselberg is understood to own…
Origin Energy pays $5m fine for exit fees
MELBOURNE, AAP – Origin Energy has been hit with $5 million in penalties for charging prohibited exit fees to more than 20,000 gas and electricity small business customers. Victoria’s Essential Services Commission issued 250 penalty notices to Origin Energy after it found more than 77,000 gas and electricity small business contracts wrongly included exit fees…