MARKETS

Origin slashes guidance

ORIGIN Energy is one of the ASX’s losers this morning falling over 8% on morning trade after it announced it had lowered guidance for the financial year thanks to operating conditions that ranged from lower electricity demand to gas purchases linked to the rising Japan Korea Marker price index.

Helen Clark

APLNG record production insulates EBITDA fall

The "continuing impacts of COVID-19 on energy demand and key commodity markets, milder summer conditions due to the La Nina weather pattern which has subdued demand and reduced volatility," it said. ...

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