OriginEnergy (OEN) Reports H1 2026 Revenue and Profit Declines

OriginEnergy (OEN) reported first-half 2026 results showing a 12% drop in revenue to AUD 1.89 billion, driven by lower gas prices and reduced liquefied natural gas (LNG) exports. Net profit fell 28% to AUD 241 million, reflecting continued integration challenges and higher interest costs. The company attributed the declines to weak demand and pricing in its core markets, with no dividends declared for the period. Management expects pricing resilience and LNG demand to improve in the下半年 (second half of 2026), with guidance for full-year 2026 revenue of AUD 3.7 billion and net profit of AUD 300 million.