- Reuters•7 hours ago
Origin Energy, a co-owner of the Australia Pacific LNG project, said APLNG's sales volumes rose 28 percent but prices fell 15 percent in the June quarter, and the project was on track to start shipping from its second unit by December. APLNG, operated by ConocoPhillips, exported its first cargo in January and to date has shipped 32 cargoes, including the first to Japan's Kansai Electric Power Co , Origin said in its quarterly report on Friday. Origin Energy supplies gas from coal seam gas wells in Queensland to the APLNG plant, which helped boost the company's revenue by 15 percent to A$1.08 billion ($813 million) in the year to June 2016 from a year earlier.
- TheStreet.com•11 hours ago
CEO Ryan Lance said capital allocation is key and that it is committed to paying shareholder dividends and funding its operations.
After hours: 40.15-0.11 (-0.27%) as of 7:58 PM EDT
|Bid||39.05 x 100|
|Ask||44.00 x 500|
|52wk Range||31.05 - 57.24|
|Day's Range||39.67 - 40.77|
|Avg Vol (3m)||8,189,798|
As of 4:00 PM EDT. Market closed.