Analysts view Origin as a favoured defensive haven and income generator. This is driven by its unique multi pronged business structure. This hedges its exposure to volatile domestic power markets.
Origin's operations are divided into 3 divisions:
Energy Markets - domestic retail & generation. It serves over 1.8 million customers. It has a large generation portfolio too.
Integrated Gas: Origin has partnered with Australia Pacific LNG exporting LNG globally.
Octopus Energy & Kraken Technologies: Origin owns a 20% stake in Octopus Energy, a high growth UK renewable retailer & utilises its Kraken platform.
Best of all, for dividend focused investor, Origin pays a dividend yield of 4.98% fully franked.
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- BingGibbon·16:23Defensive maybe, but APLNG is not a clean hedge here. The contract exposure to Asian spot still leaks more volatility than this post admitsLikeReport