Origin's 1H Result Lauded by Bull Despite Lower Octopus Earnings -- Market Talk

Dow Jones

Feb 13, 2025

2353 GMT - Origin Energy's shares gain 1.6% after its 1H result beat consensus expectations, shrugging off lower earnings from minority-owned business Octopus. Citi says Origin's A$1.02 billion net profit was 4% ahead of market hopes, while an interim dividend of A$0.30/share was also stronger. "We had a negative outlook into today's result after the cash tax and APLNG guidance came in soft at the quarter," says analyst James Byrne, referring to the Australia Pacific LNG facility. Citi removes its negative outlook, while retaining a buy call on the stock. It says Origin's pared earnings guidance for Octopus reflects heavier investment in technology rather than poor risk management, which had been a concern for some investors. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

February 12, 2025 18:53 ET (23:53 GMT)

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Citi says Origin's A$1.02 billion net profit was 4% ahead of market hopes, while an interim dividend of A$0.30/share was also stronger. \"We had a negative outlook into today's result after the cash tax and APLNG guidance came in soft at the quarter,\" says analyst James Byrne, referring to the Australia Pacific LNG facility. Citi removes its negative outlook, while retaining a buy call on the stock. It says Origin's pared earnings guidance for Octopus reflects heavier investment in technology rather than poor risk management, which had been a concern for some investors. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 12, 2025 18:53 ET (23:53 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Origin's 1H Result Lauded by Bull Despite Lower Octopus Earnings -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOrigin's 1H Result Lauded by Bull Despite Lower Octopus Earnings -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-13 07:53</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2353 GMT - Origin Energy's shares gain 1.6% after its 1H result beat consensus expectations, shrugging off lower earnings from minority-owned business Octopus. Citi says Origin's A$1.02 billion net profit was 4% ahead of market hopes, while an interim dividend of A$0.30/share was also stronger. \"We had a negative outlook into today's result after the cash tax and APLNG guidance came in soft at the quarter,\" says analyst James Byrne, referring to the Australia Pacific LNG facility. Citi removes its negative outlook, while retaining a buy call on the stock. It says Origin's pared earnings guidance for Octopus reflects heavier investment in technology rather than poor risk management, which had been a concern for some investors. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 12, 2025 18:53 ET (23:53 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ORG.AU","symbol_name":"ORIGIN ENERGY LTD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2511537851","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2511537851","pubTimestamp":1739404380,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2353 GMT - Origin Energy's shares gain 1.6% after its 1H result beat consensus expectations, shrugging off lower earnings from minority-owned business Octopus. Citi says Origin's A$1.02 billion net profit was 4% ahead of market hopes, while an interim dividend of A$0.30/share was also stronger. \"We had a negative outlook into today's result after the cash tax and APLNG guidance came in soft at the quarter,\" says analyst James Byrne, referring to the Australia Pacific LNG facility. Citi removes its negative outlook, while retaining a buy call on the stock. It says Origin's pared earnings guidance for Octopus reflects heavier investment in technology rather than poor risk management, which had been a concern for some investors. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"ORG.AU":"ORIGIN ENERGY LTD"},"translate_title":"尽管八达通盈利较低，Origin上半年业绩仍受到多头称赞——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ORG.AU":0.9},"content_text":"2353 GMT - Origin Energy's shares gain 1.6% after its 1H result beat consensus expectations, shrugging off lower earnings from minority-owned business Octopus. Citi says Origin's A$1.02 billion net profit was 4% ahead of market hopes, while an interim dividend of A$0.30/share was also stronger. \"We had a negative outlook into today's result after the cash tax and APLNG guidance came in soft at the quarter,\" says analyst James Byrne, referring to the Australia Pacific LNG facility. Citi removes its negative outlook, while retaining a buy call on the stock. It says Origin's pared earnings guidance for Octopus reflects heavier investment in technology rather than poor risk management, which had been a concern for some investors. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 12, 2025 18:53 ET (23:53 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}