I'm wondering if that is due to Origin's domgas sales being under mid/long-term contracts made when the gas price was a fair bit cheaper that the current spot price. If so the outlook is good as newer contracts will be at higher prices.
Origin certainly understands that it operates with a social license and that being excessively profitable would be politically suicidal, but I don't think they're absorbing ~50% domestic discounts for customers by choice. If so they're doing a bad job of spruiking that for some positive PR.
Ann: June 2019 Quarterly Production Report, page-6
Add ORG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$10.62 |
Change
-0.030(0.28%) |
Mkt cap ! $18.29B | |||
| Open | High | Low | Value | Volume |
| $10.78 | $10.78 | $10.62 | $35.73M | 3.352M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 8855 | $10.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.63 | 4290 | 1 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| ORG (ASX) Chart |