Australia's Origin Energy set for worst week in 3 months after lower quarterly revenue

Origin Energy

01/05/2026 01:34

** Shares of Australia's Origin Energy ORG.AX down 4.7% so far in week, set for worst week since early February

** The country's top electricity and gas retailer by market value posted 17% drop in Q3 revenue from its stake in the Australia Pacific LNG project earlier this week

** Says lower revenue due to lower production at the flagship LNG project, reflecting two fewer days in the quarter and declining output from ageing gas fields

** Stock up 0.6% on day at A$12.175, with YTD gains of 6%

 (Reporting by Sneha Kumar in Bengaluru)

 ((Sneha.kumar@thomsonreuters.com;))