Australia's Origin Energy gains after FY profit beat estimates

Origin Energy

13/08/2026 02:15

** Shares of Australia's Origin Energy ORG.AX rise as much as 6.5% to A$11.990, marking its strongest session since February 12
** Stock hits highest level since May 7
** Country's second-largest energy producer posts FY underlying profit of A$1.16 billion($819.08 million),slightly ahead of the Visible Alpha consensus estimate of A$1.14 billion 
** Company flags 2027 operating earnings between A$1.55 billion and A$1.85 billion for the energy markets arm, ahead of VA consensus estimate of A$1.61 billion
** Stock up 3.7% YTD, including session's moves

($1 = 1.4162 Australian dollars)

 (Reporting by Shravya Marakini in Bengaluru)
 ((shravya.marakini@thomsonreuters.com;))