|Bid||7.81 x 59800|
|Ask||7.00 x 10000000|
|Day's range||7.38 - 7.50|
|52-week range||5.01 - 8.04|
|PE ratio (TTM)||-5.84|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y target est||8.16|
Origin Energy says the longer term impact of the federal government's new national energy guarantee on its generation mix remains unclear, but it will announce a plan to reduce emissions by end of the year. Chairman Gordon Cairns told shareholders on Wednesday that the new government policy has the potential to facilitate a transition to modern, cleaner energy by unlocking investment in supply, but Origin Energy is waiting to see more detail. The Turnbull government's national energy guarantee will force energy retailers to meet levels set by national regulators on reliability and emissions.
Origin Energy says it will announce a science-based target for emissions reduction across its business before the end of 2017. The energy producer and retailer also reaffirmed its target to grow the share of renewables to more than 25 per cent of its generation mix by 2020, from around 10 per cent now and its aim to exit all coal-fired power generation by early 2030's. The company released its first report on climate change on Wednesday ahead of its annual general meeting, where it facing demands from activist shareholders for clarifying the impact of climate change on its business.
Redemption of Origin Energy Subordinated Notes The text version of this document is not available at the moment. The original content was posted at original link . Origin Energy Limited published this ...
Origin and ENN sign LNG Sale and Purchase Agreement The text version of this document is not available at the moment. The original content was posted at original link . Origin Energy Limited published ...