Market Chatter: Fiscal H1 Earnings of AGL Energy, Origin Energy To Track Below Fiscal 2026 Guidance Mid-Point Run Rate, Citi Says
MT Newswires Live
Feb 05
Citi expects the fiscal first-half earnings of AGL Energy (ASX:AGL) and Origin Energy (ASX:ORG) to track below the fiscal year 2026 guidance mid-point run rate due to recent market conditions, the Australian Financial Review reported, citing Citi analyst Tom Wallington.
Lower spot prices impacted physical generation revenue and market contracts for energy firms during the half, while low volatility will limit cap pay-offs.
A stronger second-half bias is expected to offset with a return of volatility to the market.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.