MARKETS

Impairments drag Origin to $1.43 billion loss

INTEGRATED gas producer and electricity generator and retailer Origin Energy posted a whopping $1.43 billion loss for the full year shocking the market.

Impairments drag Origin to $1.43 billion loss

Underlying profits of $407 million were up 30% thanks in large part to its upstream gas business with revenue from its Australia Pacific LNG project smashing records to $9.27 billion.  "Origin benefitted...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

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 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

editions

ENB Social Licence Report 2021

In its second year, this research now includes trends and new findings surrounding impacts and responses as the energy industry seeks to secure and maintain a social licence to operate.