GAS

AlintaGas powers along with strong half year result

West Australian gas retailer AlintaGas announced profits rose 22 per cent to $31.97 million for the six months to December 31.

The company said the strong result was driven by growth from all parts of the business and reduced operating costs. Lower tax and interest rates as well as higher liquefied petroleum gas export volumes also helped the bottom line.

While the broader remained flat, shares in AtlintaGas rose 6c to $3.61 at time of writing. Last week the Perth-based company announced it had signed a memorandum of understanding with east coast-based NRG Asia Pacific to look at electricity opportunities in WA.

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry