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Origin Energy Limited’s (ASX:ORG) quarterly production report has shown its exploration and production business produced 7 per cent less on the previous year.The oil and gas explorer says first quarter production was 34.9 petajoules equivalent with Otway and Kupe seeing lower volumes.The company says the slippage was offset by higher production at the Cooper Basin and Australia Pacific LNG.As a result the company’s first quarter revenue was down 18 per cent year on year to $251.1 million.CEO upstream Paul Zealand says production volumes during the quarter reflected the anticipated lower call on production.Origin Energy reported a net profit of $638 million in the 2014 financial year.
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Last
$12.55 |
Change
0.140(1.13%) |
Mkt cap ! $21.62B | |||
| Open | High | Low | Value | Volume |
| $12.70 | $12.87 | $12.50 | $84.90M | 6.752M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40 | $12.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.61 | 2872 | 1 |
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| Last trade - 16.10pm 19/09/2025 (20 minute delay) ? |
| ORG (ASX) Chart |