September 26, 2016 5:14 PM ET

Diversified Financial Services

Company Overview of Origin Energy Finance Limited

Company Overview

Origin Energy Finance Limited operates as a finance company. The company was incorporated in 2011 and is based in Sydney, Australia. Origin Energy Finance Limited operates as a subsidiary of Origin Energy Limited.

Australia Square

Level 45

264-278 George Street

Sydney, NSW 2000

Australia

Founded in 2011

Key Executives for Origin Energy Finance Limited

Director and Managing Director of Origin Energy Limited
Age: 61
General Manager of Corporate Communication - Origin Energy Limited
Compensation as of Fiscal Year 2016.

Origin Energy Finance Limited Key Developments

Origin Energy Finance Limited Announces Earnings Results for the Full Year Ended June 30, 2016

Origin Energy Finance Limited announced earnings results for the full year ended June 30, 2016. For the year, the company reported revenues of AUD 11,923 million compared with AUD 11,893 million for the same period a year ago. Loss before income tax was AUD 737 million compared with AUD 534 million for the same period a year ago. Loss for the period from continuing operations was AUD 604 million or 38.7 cents per basic and diluted share compared with AUD 449 million or 36.3 cents per basic and diluted share for the same period a year ago. Loss for the period attributable to members of the parent entity was AUD 589 million or 37.3 cents per basic and diluted share compared with AUD 658 million or 52.1 cents per basic and diluted share for the same period a year ago. Net cash from operating activities was AUD 1,404 million compared with AUD 1,833 million for the same period a year ago. Acquisition of property, plant and equipment was AUD 460 million compared with AUD 564 million for the same period a year ago. Acquisition of exploration and development assets was AUD 112 million compared with AUD 920 million for the same period a year ago. Acquisition of other assets was AUD 119 million compared with AUD 250 million for the same period a year ago.

Origin Energy Finance Limited Reports Operating and Sales Results for the Quarter and Year-To-Date Ended June 30, 2016

Origin Energy Finance Limited reported operating results for the quarter and year-to-date ended June 30, 2016. For the quarter, the company reported production of 68.4 PJe was 26.1 PJe or 61% higher than the comparable quarter in 2015. This is primarily attributable to higher production from APLNG (27.6 PJe) reflecting the commencement of LNG production, and BassGas (0.7 PJe) due to the Yolla 5 and Yolla 6 wells coming on line, partly offset by lower production at Otway (-2.0 PJe) due to lower well deliverability, natural field decline and lower plant availability. Sales revenue was 44% higher than the June quarter 2015 reflecting higher production partly offset by lower average realized commodity prices. For the year-to-date, the company reported annual production of 231.5 PJe was 83.9 PJe or 57% higher than the prior year. This is primarily attributable to higher production from APLNG (91.6 PJe) reflecting the commencement of LNG production, and BassGas (3.7 PJe) due to the Yolla 5 and Yolla 6 wells coming on line, partly offset by lower production at Otway (-9.5 PJe) due to lower well deliverability, a planned compliance shutdown and natural field decline. Sales revenue increased 15% year on year reflecting higher production, partly offset by lower average realized commodity prices.

Origin Energy Finance Limited to Report Q2, 2015 Operating Results on Jan 29, 2016

Origin Energy Finance Limited announced that they will report Q2, 2015 operating results on Jan 29, 2016

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