- Reuters•last month
Australia's top energy retailer Origin Energy Ltd plans to sell some oil and gas producing assets in a listing tipped to fetch A$1 billion ($750 million), cutting debt and joining its main rival in reducing exposure to upstream production. The move by newly installed CEO Frank Calabria sets up Australia's biggest initial public offering since 2014 and underscores the desire of the country's energy companies to refocus on their more stable retail gas and power businesses.
- The Wall Street Journal•2 months ago
The Australian energy company said it would bundle its upstream operations into a new company and sell them next year in an effort to slash debt.
- Moody's•2 months agoOrigin Energy Limited -- Moody's: Origin's proposed divestment of its conventional oil and gas assets has no immediate rating impact
Sydney, December 06, 2016-- Moody's Investors Service says that Origin Energy Limited's proposed divestment of its conventional oil and gas assets by way of an initial public offering, whilst potentially ...
ORG.AX : Summary for ORIGIN ENE FPO - Yahoo Finance
Origin Energy Limited (ORG.AX)
ASX - ASX Delayed Price. Currency in AUD
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|Day's Range||7.27 - 7.41|
|52 Week Range||3.70 - 7.41|
|PE Ratio (TTM)||-19.49|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|