Origin Energy (ORG)
Origin Energy on the ASX Stock Exchange
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Origin Energy is one of Austral Asia's largest energy companies and has assets in gas and oil
exploration, production, power generation and energy retailing. Their coverage extends from Australia to New
Zealand and the Pacific and provides gas and electricity to over 3 million homes.
Their exploration and production side of the business contains gas reserves offshore and onshore
including the Perth basin, Cooper and Surat and Bowen Basin in Australia, the offshore Bonaparte Bass Basins and
the Northland and Canterbury Basins of New Zealand.
On the retail side of their business, origin energy buys and sells electricity on the spot
market or what is referred to as the national electricity market (NEM). Origin's reach is quite extensive and is
the major supplier of LP gas in areas such as the Solomon Islands, Vanuatu, Papua New Guinea, Fiji, Samoa, Tonga
and the Cook Islands.
On that power generation front, origin operates for power stations and has a number of long-term
contracts in the pipeline. The company is also a front runner in developing renewable technology which will enable
it to produce power with little to no greenhouse gas emissions.
Origin Energy Quick Facts (as of Jan 2012)
- Chairman:Mr Kevin McCann
- MD/CEO: Mr Grant King
- Industry Group: Energy
- Shares on issue: 1,086,164,479
- Market Cap: $14,293,929,384