ORG 0.00% $10.54 origin energy limited

Good to finally see some discussion about Origin.I don't use...

  1. 181 Posts.
    Good to finally see some discussion about Origin.

    I don't use charting much, so I won't comment on your work Lindfield, but I think that Origin is a good long term buy. Couple of positive points:

    - Good exposure to CSG, which once again is generating positive headlines.
    - Good exposure to LNG, which is playing an increasingly important role in energy supply worldwide
    - Good exposure to a range of 'green energy' options when these are likely to become more important (e.g. wind, geothermal, photovoltaic).
    - Solid position in east coast gas and electricity supply, with growing population.
    - Experienced management team that has a history of delivering results for shareholders.
    - No debt problems.

    On the down side:

    - Domestic gas (over)supply may hold down price that can be charged to customers
    - A bit behind the others on Gladstone CSG
    - Some non-CSG fields are declining.

    Overall though, I don't expect the share price to surge any time soon. It's a good company, which is a solid long term investment, but it's not going to make you rich in the next couple of years (unless a takeover offer comes along).
 
watchlist Created with Sketch. Add ORG (ASX) to my watchlist
(20min delay)
Last
$10.54
Change
0.000(0.00%)
Mkt cap ! $18.15B
Open High Low Value Volume
$10.39 $10.58 $10.33 $40.49M 3.859M

Buyers (Bids)

No. Vol. Price($)
1 2027 $10.53
 

Sellers (Offers)

Price($) Vol. No.
$10.54 9754 1
View Market Depth
Last trade - 16.10pm 02/08/2024 (20 minute delay) ?
ORG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.