Australia's Origin Energy slips on weak quarterly earnings, Octopus outlook

Origin Energy

27/04/2026 01:27

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

** Stock hits its lowest level since April 17

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

** Also flags its share of FY26 EBITDA from unit Octopus Energy to now range between loss A$70 million and A$30 million, compared with earlier guidance of profit of up to A$150 million

** Stock down 7.9% YTD, including the day's moves

($1 = 1.3998 Australian dollars)

 (Reporting by Nikita Maria Jino in Bengaluru)

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