Australia's Origin Energy posts 11% sequential rise in Q2 APLNG revenue
ReutersJan 30, 2025 10:17 PM
Jan 31 (Reuters) - Australia's Origin Energy ORG.AX on Friday reported an 11% sequential rise in second-quarter revenue from its stake in the Australia Pacific LNG (APLNG) project in Queensland, helped by robust gas prices and higher gas sales.
The power producer said revenue from APLNG — a joint venture with U.S. oil and gas major ConocoPhillips COP.N and Sinopec 600028.SS — rose to A$681 million ($422.70 million) for the quarter ended Dec. 31, compared with A$615 million in the preceding three months.
($1 = 1.6111 Australian dollars)
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
Amazon Stock Predictions for 2026 to 2030: Will They Exceed Expectations and Achieve Major Long-Term Goals?
TradingKey - As we head into 2026, many investors are questioning where Amazon (AMZN) fits into the technology world.TradingKey
Fri, Feb 6
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.TradingKey
Fri, Feb 6
Is Bitcoin’s Four-Year Cycle Dead in 2026?
Is the Bitcoin 4-year cycle dead? After 2025 broke historical records with a red post-halving year, institutional analysts explore if the Bitcoin price has decoupled from the halving countdown. Analyze the impact of spot ETFs, global liquidity, and the roadmap to the 2028 halving in this 2026 marketTradingKey
Wed, Feb 4
USD Dollar Trend Forecast: Dollar Index Falls Below 97.0 to 4-Year Low, Will the Dollar Continue To Fall or Bottom Out in 2026?
TradingKey - In January 2026, the US Dollar Index continued its downward trend from 2025, officially breaking below the key 97.0 level and reaching a low of 95.5, marking a nearly four-year low since February 2022.TradingKey
Fri, Jan 30
