{
  "id": 726279,
  "title": "Origin Energy profit beats estimates as battery growth lifts energy markets view",
  "url": "https://urgent.news/2026/08/13/origin-energy-profit-beats-estimates-as-battery-growth-lifts-energy",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T03:04:39.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/earnings/origin-energy-profit-beats-estimates-as-battery-growth-lifts-energy-markets-view-4856558"
  },
  "original_language": "en",
  "account": "Origin Energy's shares surged following the release of annual results that surpassed expectations and painted a more favorable picture of its Energy Markets business, driven by the expansion of its battery portfolio. The stock climbed 4.8% to A$11.80, marking its highest point since May 7, even as the broader S&P/ASX 200 index declined by 0.6%, positioning Origin as one of the top performers on the benchmark. Investors focused on the outlook for energy markets, where the company anticipates fiscal 2027 EBITDA between A$1.55 billion and A$1.85 billion. The midpoint of A$1.70 billion aligns closely with the division's FY26 result but surpasses the A$1.61 billion consensus estimate from S&P Global Visible Alpha. The anticipated growth from Origin's battery portfolio is expected to counteract the impact of lower wholesale electricity prices. Profit for the company's statutory accounts surged to A$1.57 billion from A$1.48 billion, while underlying profit dropped to A$1.16 billion from A$1.49 billion, still outperforming the Visible Alpha consensus estimate of around A$1.14 billion. The Energy Markets segment emerged as the most robust component of the portfolio, with underlying EBITDA increasing by 21%, as stronger earnings in electricity and gas, coupled with ongoing customer growth, outweighed the adverse effects of weaker performance in Integrated Gas. Lower oil-linked returns at Australia Pacific LNG and reduced LNG trading gains contributed to Integrated Gas's earnings decline, reflecting the anticipated normalization of commodity-linked earnings. The board announced a fully franked final dividend of 30 Australian cents per share, maintaining the same level as the A$30 cents paid for FY25. Additionally, Origin reported the completion of the initial phase of its review into a data-security incident involving unauthorized access to certain customer information, which remains under a criminal investigation.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}