ORIGIN ENERGY LIMITED (ORG)
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ORG

ORG - ORIGIN ENERGY LIMITED

FNArena Sector : Infrastructure & Utilities
Year End: June
GICS Industry Group : Utilities
Debt/EBITDA: 2.38
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

Origin Energy is an Australian natural gas and exploration company. It was formed in 2000 as a result of a de-merger from Boral. The company has a large exploration portfolio in Australia and is a major shareholder in the Australia Pacific LNG joint venture.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$11.54

03 Feb
2026

-0.160

OPEN

$11.80

-1.37%

HIGH

$11.82

3,947,731

LOW

$11.53

TARGET
$12.026

-0.05 change from previous day

 4.2% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AGL . AIA . ALX . APA . CEN . DBI . DBI . GNE . GNP . MEZ . SRJ . TCL .
FNARENA'S MARKET CONSENSUS FORECASTS
ORG: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 86.2 66.1 xxx
DPS (cps) xxx 60.0 60.8 xxx
EPS Growth xxx 6.3% - 23.3% xxx
DPS Growth xxx - 91.2% 1.4% xxx
PE Ratio xxx N/A 16.8 xxx
Dividend Yield xxx N/A 5.5% xxx
Div Pay Ratio(%) xxx 69.6% 92.0% xxx

Dividend yield today if purchased 3 years ago: 8.39%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.40

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 03/09 - ex-div 30.00c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx86.2
DPS All xxxxxxxxxxxxxxx60.0
Sales/Revenue xxxxxxxxxxxxxxx17,118.0 M
Book Value Per Share xxxxxxxxxxxxxxx578.1
Net Operating Cash Flow xxxxxxxxxxxxxxx1,054.0 M
Net Profit Margin xxxxxxxxxxxxxxx8.65 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx15.26 %
Return on Invested Capital xxxxxxxxxxxxxxx10.78 %
Return on Assets xxxxxxxxxxxxxxx7.15 %
Return on Equity xxxxxxxxxxxxxxx15.26 %
Return on Total Capital xxxxxxxxxxxxxxx11.13 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-1,338.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx76 M
Long Term Debt xxxxxxxxxxxxxxx4,766 M
Total Debt xxxxxxxxxxxxxxx4,842 M
Goodwill - Gross xxxxxxxxxxxxxxx2,106 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx1,015 M
Price To Book Value xxxxxxxxxxxxxxx1.87

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx1,473.0 M
Capex % of Sales xxxxxxxxxxxxxxx8.60 %
Cost of Goods Sold xxxxxxxxxxxxxxx14,916 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx665 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx7,986 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.2

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Ord Minnett

02/02/2026

3

Hold

$11.00

-4.68%

Origin Energy announced 2Q26 LNG production and revenue which met market expectations but came in above Ord Minnett's forecasts, alongside higher average realised price for the period.

Management's FY26 LNG guidance came in at 640-680PJ from 635-680PJ and the analyst forecasts 671PJ. Cash distribution from the APLNG business was $700-$950m, above both Ord Minnett's and consensus estimates.

The broker raises EPS forecast by 4.1% for FY26 due to higher LNG sales while lowering FY27 by -5.2% on higher assumed D&A charges and a lower output for Octopus.

Target price is raised to $11 from $10.80 with no change in Hold rating.

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

30/01/2026

3

Neutral

$11.65

0.95%

Jarden describes Origin Energy's December quarter update as in-line APLNG with a cautious guidance upgrade, Energy Markets (EM) benefiting from a lower Eraring cost outlook, and Octopus Energy delivering strong organic customer growth.

Still, the broker cut FY26 EPS forecast by -6% on lower EM volumes, weaker Octopus EBITDA and reduced APLNG distributions. EBITDA for 1H26 is now forecast at $1,554m, a downgrade of -8%, due to greater 2H skew.

While valuation lifts on lower Eraring coal costs and reduced capex, the broker cautions a small 1H26 results miss could drive outsized share price volatility.

Neutral. Target rises to $11.65 from $11.60.

FORECAST
Jarden forecasts a full year FY26 dividend of 60.00 cents and EPS of 65.50 cents.
Jarden forecasts a full year FY27 dividend of 60.00 cents and EPS of 58.30 cents.
Access Extra Coverage Research History >

ORG STOCK CHART

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