Origin Energy traded at 11.83 this Wednesday March 4th, decreasing 0.16 or 1.33 percent since the previous trading session. Looking back, over the last four weeks, Origin Energy lost 6.48 percent. Over the last 12 months, its price rose by 12.56 percent. Looking ahead, we forecast Origin Energy to be priced at 11.70 by the end of this quarter and at 10.99 in one year, according to Trading Economics global macro models projections and analysts expectations.
Origin Energy Limited is an Australia-based energy company. The Company is engaged in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas and sale of liquefied natural gas. The Company's segments include: Energy Markets and Integrated Gas. Energy Markets segment includes energy retailing and wholesaling, power generation and liquefied petroleum gas (LPG) operations predominantly in Australia. Integrated Gas segment focuses on the investment in Australia Pacific LNG (APLNG) and management of LNG hedging and trading activities. The Company's projects include Surat and Bowen basins in Queensland, APLNG in Eastern Australia, Beetaloo Basin in the Northern Territory and the offshore Browse Basin in Western Australia.