FINWIRES · TerminalLIVE
FINWIRES

ASX:ORG

26 stories mentioning ASX:ORGUpdated 2d ago

Every FINWIRES story that references ASX:ORG, newest first.

Asia

Australian Shares Rise; Viva Energy Group's H1 Sales Volume Rises, EBITDA Expected to More Than Double

Australian shares rose further on Tuesday, as oil prices fell further after the US and Iran engaged in diplomacy in order to end the conflict in the Middle East.The S&P/ASX 200 Index gained 0.6%, or 53.80 points, to close at 8,947.80.Brent crude oil futures fell a further 1% to trade around $87 per barrel. US President Donald Trump said the US and Iran were engaged in talks to end the ongoing conflict.On the domestic front, the ANZ-Roy Morgan Australian consumer confidence fell 4.4 points to 71.2 in the week of July 20 to July 26. The four-week moving average fell 1.2 points to 74.2.Reserve Bank of Australia Governor Michele Bullock said the monetary policy board is prepared to act as required to achieve its mandate, including by increasing the cash rate further if needed as it assesses how higher input costs and geopolitical tensions will affect inflation.In company news, Viva Energy Group (ASX:VEA) reported a first-half sales volume of 8.49 billion liters, up 1.5% from about 8.37 billion liters in the year-ago period. It expects first-half earnings before interest, taxes, depreciation, and amortization on a replacement cost basis of AU$770 million to AU$780 million, up from AU$305 million a year earlier.DroneShield (ASX:DRO) secured two contracts totaling AU$23.2 million from a reseller for the supply of vehicle-mountable counter-drone products. It expects first-half revenue of AU$125.8 million, an increase of 74% from the prior corresponding period. The company's first-half gross margin is estimated at 60%, down from 65% a year earlier.Lastly, Origin Energy (ASX:ORG) Chief Executive Frank Calabria said the firm had completed the initial phase of its ongoing review into a recent customer data security incident, which indicated that the information of around 900,000 current and former customers was accessed.

ASX 200ASX:DROASX:ORGASX:VEA
Asia

Origin Energy CEO Says Information of Around 900,000 Current, Former Customers Accessed in Data Breach Incident

Origin Energy (ASX:ORG) Chief Executive Frank Calabria said the firm had completed the initial phase of its ongoing review into a recent customer data security incident, which indicated that the information of around 900,000 current and former customers was accessed, according to a statement on Tuesday.The firm had earlier said the impacted data potentially includes name, address, date of birth, contact phone number, and account information, as well as the last four digits of a credit card or the last three digits of a bank account.Calabria apologized to the firm's customers and said it was contacting impacted customers and providing support. It extended its customer support hours and established a dedicated contact number for this incident. Origin is also working with cybersecurity and forensic specialists to ensure the incident is contained, he added.It notified the Office of the Australian Information Commissioner regarding the matter.Origin's shares fell nearly 2% in recent trading on Tuesday.

ASX:ORG
Asia

Origin Energy Confirms Data Breach Incident

Origin Energy (ASX:ORG) confirmed that there has been unauthorized access and disclosure of some customers' data following an investigation, according to a Thursday Australian bourse filing.Origin said impacted data potentially includes name, address, date of birth, contact phone number, and account information, as well as the last four digits of a credit card or the last three digits of a bank account.The company said it is working to understand the total number of impacted customers."We are contacting affected customers, offering support, and have set up a dedicated contact number and additional resources to help manage our response to this incident," said Origin Chief Executive Frank Calabria.

ASX:ORG
Asia

Origin Energy Probes Potential Security Incident

Origin Energy (ASX:ORG) is investigating a potential security incident involving unauthorized access to customer data, according to a Wednesday filing with the Australian bourse.The affected data does not appear to involve customer credit card or bank information, the company said.The company notified the Australian Cyber Security Centre and the Australian Federal Police regarding the incident and engaged with the Office of the Australian Information Commissioner, per the filing.Origin Energy's shares shed 1% in recent Wednesday trade.

ASX:ORG
Asia

Origin Energy to Refund Customers After ACCC Probe Into Misleading Electricity Plan Charges

Origin Energy (ASX:ORG) will refund more than AU$270,000 to over 4,500 customers after it allegedly overcharged customers on its "Ongoing Saver" residential electricity plan, the Australian Competition and Consumer Commission (ACCC) said Tuesday.The ACCC investigated Origin following a designated complaint by the Australian Consumers' Association.It found that some customers on Ongoing Saver plans were charged more than they would have been on the "Basic" plan even though statements by the company suggested the Saver plan carries lower charges, the regulator said.Origin Energy did not admit to any breaches of Australian Consumer Law but agreed to refund about AU$60 on average to each affected customer, the ACCC said.

ASX:ORG
Asia

ASX Midday Sector Update: Communication Services Stocks Inch Up, Utilities Sector Struggles

Communication services stocks advanced nearly 1% at midday Monday.Telstra Group (ASX:TLS) gained 1% in recent trade after resolving a mobile network outage that impacted mobile calls and data services from July 8.On the flip side, the utilities sector struggled, shedding more than 2%.Origin Energy (ASX:ORG) shares were down nearly 3% in recent trade.

ASX 200ASX:ORGASX:TLS
Asia

AGL Energy, Orgin Energy to See Impact of Low Electricity Demand, Says Jefferies

AGL Energy (ASX:AGL) and Origin Energy (ASX:ORG) are set to see the impact of lower electricity demand due to higher renewable energy generation and warmer weather, according to a Thursday Jefferies note.Both companies are still expected to deliver fiscal year 2026 results in line with expectations, the note added.AGL Energy's expected earnings before interest, tax, depreciation, and amortisation (EBITDA) for fiscal year 2027 and fiscal year 2028 have been reduced by 4.6% to AU$2.11 billion and AU$2.17 billion, respectively, while Origin Energy's expected Energy Markets EBITDA for fiscal year 2027 was cut by 4.1% to AU$1.65 billion.Jefferies kept a buy rating on both AGL Energy and Origin Energy with price targets of AU$11.21 and AU$12.54, respectively.

ASX:AGLASX:ORG
Asia

ASX Midday Sector Update: Materials Stocks Advance, Utilities Struggle

Materials stocks advanced 2.3% to lead gainers in midday trading on Friday, as prices for precious metals, including gold and copper, pushed higher.BHP Group (ASX:BHP) gained over 1% after striking a definitive deal to sell its San Manuel property in Arizona, US, to Faraday Copper in return for a 30% stake in Faraday.Meanwhile, utilities stocks led decliners with a fall of nearly 0.8%.Origin Energy (ASX:ORG) and Meridian Energy (ASX:MEZ) both shed more than 1%.

ASX 200ASX:BHPASX:MEZASX:ORG
Japan

ASX Midday Sector Update: Financial Stocks Advance, Utilities Sector Struggles

Financial stocks advanced 1.2% at midday Thursday.Commonwealth Bank (ASX:CBA) shares rose marginally in recent trade.On the flip side, the utilities sector struggled, shedding 3%.Origin Energy (ASX:ORG) shares fell past 4% in recent trade.

ASX 200ASX:CBAASX:ORG
Asia

ASX Midday Sector Update: Utilities Stocks Rise, Materials Sector Falls

Utilities stocks advanced 1.2% at midday Monday.Origin Energy (ASX:ORG) gained more than 1% in recent trade.Meanwhile, the materials sector struggled, shedding nearly 2%.BHP Group (ASX:BHP) shares fell almost 1% in recent trade.

ASX 200ASX:BHPASX:ORG
Japan

ASX Midday Sector Update: Information Technology Stocks Jump, Utilities Sector Struggles

Information technology stocks jumped nearly 4% at midday Monday.Xero (ASX:XRO) gained more than 5% in recent trade.On the flip side, the utilities sector struggled, shedding almost 3%.Origin Energy (ASX:ORG) shares were down nearly 2% in recent trade.

ASX 200ASX:ORGASX:XRO
Asia

ASX Midday Sector Update: Utilities Stocks Inch Up, Information Technology Sector Struggles

Utilities stocks advanced nearly 1% at midday Friday.Origin Energy (ASX:ORG) shares rose marginally in recent trade.Meanwhile, the information technology sector struggled, shedding almost 2%.Xero (ASX:XRO) shares were down marginally in recent trade.

ASX 200ASX:ORGASX:XRO
Asia

SRG Global Discloses AU$1.85 Billion of Contracts; Upgrades Fiscal 2026 EBITDA Outlook

SRG Global (ASX:SRG) upgraded its fiscal 2026 guidance after securing AU$1.85 billion of contracts with blue-chip clients in a range of sectors, according to a Tuesday filing with the Australian bourse.The company raised its fiscal 2026 earnings before interest, taxes, depreciation, and amortization (EBITDA) forecast to the top end of its previously issued AU$164 million to AU$168 million range, while initiating fiscal 2027 EBITDA guidance of between AU$190 million and AU$200 million, which it said is above consensus estimates.The contracts include clients in water, defense, energy, industrial, health and education, ports, and data centers. Among them is a an eight-year term contract with Fortescue (ASX:FMG) for multi-disciplinary maintenance services, a five-year contract with Alcoa (ASX:AAI) to provide asset integrity and reliability services, and a seven-year contract with Origin Energy (ASX:ORG).

ASX:AAIASX:FMGASX:ORGASX:SRG
Asia

Electric Utilities' Earnings May See Potential Upside if Wholesale Electricity Price Volatility Increases in June, Jefferies Says

Earnings for both AGL Energy (ASX:AGL) and Origin Energy's (ASX:ORG) Energy Markets are expected to remain in line with expectations for the fiscal year 2026, with a potential upside if wholesale electricity price volatility increases in June, Jefferies said in a Friday note.Continued moderation in electricity prices is driven by improved reliability of coal-powered electricity generation combined with renewable generation and storage, as demand continues to grow. Electricity demand in April is up 2% on the prior-year period, with renewable generation accounting for 44.2%, increasing 5.1 percentage points year-over-year.Peak volatility is expected from June to August.It forecast earnings before interest, taxes, depreciation, and amortization (EBITDA) of AU$2.13 billion for AGL, in line with the mid-point of guidance range at AU$2.12 billion, but 0.7% below consensus.It also forecast EBITDA of AU$1.68 billion for Origin, 1.8% above the guidance range mid-point of AU$1.65 billion.The investment firm has buy ratings for both AGL and Origin and set a price target of AU$12.76 per share for AGL and AU$13.04 per share for Origin.

ASX:AGLASX:ORG
Asia

ASX Midday Sector Update: Consumer Discretionary Stocks Inch Up, Utilities Sector Struggles

Consumer discretionary stocks advanced marginally at midday Tuesday.Wesfarmers (ASX:WES) shares rose nearly 2% in recent trade.Meanwhile, the utilities sector struggled, shedding nearly 2%.Origin Energy (ASX:ORG) shares were down 2% in recent trade.

ASX 200ASX:ORGASX:WES
Asia

ASX Biggest Losers

Here are the ASX-listed companies with the biggest losses.Insurance Australia Group (ASX:IAG): -4%, AU$7.82Block (ASX:XYZ): -3%, AU$96.49Xero (ASX:XRO): -2%, AU$74.65Wisetech Global (ASX:WTC): -1%, AU$37.11Goodman Group (ASX:GMG): -1%, AU$30.44Origin Energy (ASX:ORG): -1%, AU$10.95Telstra Group (ASX:TLS): -1%, AU$5.39APA Group (ASX:APA): -1%, AU$10.20QBE Insurance Group (ASX:QBE): -1%, AU$23.65Meridian Energy (ASX:MEZ): -1%, AU$4.81

ASX 200ASX:APAASX:GMGASX:IAGASX:MEZASX:ORGASX:QBEASX:TLSASX:WTCASX:XROASX:XYZ
Asia

ASX Midday Sector Update: Utilities Stocks Gain, Materials Struggle

Utilities stocks were leading gainers in midday trading Wednesday with a rise of 1.7% after the United Arab Emirates said it would quit the Organization of the Petroleum Exporting Countries, adding to energy supply concerns amid ongoing tensions between the US and Iran.Shares of Origin Energy (ASX:ORG) ticked nearly 3% higher to recover from losses in the previous trading session.On the flip side, materials stocks were leading decliners with a fall of 0.8%.Westgold Resources (ASX:WGX) shed more than 2% after reporting group gold production of 93,145 ounces for the fiscal third quarter. The group's all-in sustaining cost for the quarter was AU$3,338 per ounce, compared with AU$2,829 per ounce a year earlier.

ASX 200ASX:ORGASX:WGX
Asia

Market Chatter: Origin Energy's Profit Warning for Octopus Overshadowed 'Solid' Result Says UBS, The Australian Reports

Origin Energy's (ASX:ORG) profit warning on Octopus Energy, in which it holds around 20% interest, overshadowed a "solid" March quarter result, but Origin's APLNG gas business is "on track", according to a Tuesday report by The Australian, citing UBS Analyst Tom Allen.UBS notes Origin's "strong" high-margin growth, which remains an overwhelming value driver, despite this not being the first downgrade to Octopus Energy earnings before interest, taxes, depreciation, and amortization (EBITDA), according to the report.UBS has cut its earnings estimate for Origin Energy by 9% to 18% but said the company remains its most preferred Australian utilities exposure with a dividend yield above 5%, the report added.UBS has maintained a buy rating on Origin Energy and reduced its price target to AU$14.10 from AU$14.30.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

ASX:ORG
Asia

ASX Midday Sector Update: Real Estate Stocks Gain, Utilities Lead Broader Declines

Real estate stocks gained 0.2% in midday trading Tuesday, as almost all other sectors declined amid a continued rise in oil prices and lingering tensions between the US and Iran.Goodman Group (ASX:GMG) was up almost 1% and Scentre Group (ASX:SCG) was marginally higher.Meanwhile, utilities was the weakest sector with a decline of over 3%.Origin Energy (ASX:ORG) slid more than 5% after reporting Monday that its March quarter production fell to 164.5 petajoules from 167.1 petajoules a year earlier.

ASX 200ASX:GMGASX:ORGASX:SCG
Asia

Australian Shares Flat; Atlas Arteria Receives Unsolicited Takeover Bid From IFM

Australian shares were flat with a negative bias at Monday's close as the critical Strait of Hormuz in the Middle East continued to be blocked.The S&P/ASX 200 Index was little changed to close at 8,766.40.Brent crude oil futures gained 1.2% to reach $106.57 per barrel. US President Donald Trump cancelled a trip to Islamabad, Pakistan, ​by US envoys for talks with Iran over the weekend. Iran gave the US a new proposal for reaching a deal on reopening the Strait and ending the war, Axios reported.In company news, Atlas Arteria (ASX:ALX) has received an unsolicited off-market takeover proposal from IFM to acquire all remaining securities it does not already own at AU$4.75 per share in cash. IFM has indicated that the offer price may increase to AU$5.10 per share if it obtains at least a 45% relevant interest before the offer closes, subject to certain "best and final" conditions. Its shares jumped 13% on market close.Megaport's (ASX:MP1) wholly-owned unit, Latitude.sh, signed a 36-month contract with a new US-based customer, with a total value of around $25.1 million, representing around $8.4 million in annualized recurring revenue. Its shares closed up 5%.Lastly, Origin Energy (ASX:ORG) reported March quarter production of 164.5 petajoules, down from 167.1 petajoules a year earlier. The company reported commodity revenue of AU$1.86 billion for the quarter, down from AU$ 2.31 billion a year ago. Its shares were down over 5% on market close.

ASX 200ASX:ALXASX:MP1ASX:ORG

Showing 1-20 of 26

Track with the FINWIRES app suite