Australia's Origin Energy slips on lower APLNG revenue, Octopus outlook

Origin Energy

27/04/2026 06:05

Updates

** Shares of Origin Energy ORG.AX fall as much as 4.5% to A$12.2, post their largest intraday pct drop since April 8

** Stock hits its lowest level since April 17

** Australian power producer logs Q3 APLNG revenue of A$481 million ($343.63 million) vs A$528 million in preceding quarter

** Flags FY26 EBITDA from unit Octopus Energy to now range between loss A$70 million and A$30 million, vs earlier guidance of profit of up to A$150 million

** "Sequential APLNG revenue drop in a volatile LNG environment is enough to cloud the outlook regardless of long-term contract protection," says Hebe Chen, market analyst at Vantage Markets

** Despite Monday's fall, stock up 7% YTD

($1 = 1.3998 Australian dollars)

 (Reporting by Nikita Maria Jino and Aamir Sheik Khalid in Bengaluru)

 ((Nikita.Jino@thomsonreuters.com;
Aamir.SheikKhalid@thomsonreuters.com))