Origin Should Have Downgraded Octopus Energy Guidance -- Market Talk

Dow Jones

Feb 13

2247 GMT - Origin Energy maintained its annual earnings guidance for renewable-energy startup Octopus Energy, but Barrenjoey thinks it shouldn't have done so. Origin expects an underlying earnings contribution of between breakeven and a A$150 million profit from its share of Octopus. That's despite a A$89 million loss in 1H. Analyst Dale Koenders says Origin should have downgraded its guidance for Octopus. "With commentary suggesting ongoing losses in Non-UK retail, and Energy Services, plus continued drag in 2H from the Warm Home discount scheme and investment in smart meters, we think the lower end of the range is the most likely outcome," Barrenjoey says. It has an underweight call on Origin. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

February 12, 2026 17:48 ET (22:48 GMT)

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Origin expects an underlying earnings contribution of between breakeven and a A$150 million profit from its share of Octopus. That's despite a A$89 million loss in 1H. Analyst Dale Koenders says Origin should have downgraded its guidance for Octopus. \"With commentary suggesting ongoing losses in Non-UK retail, and Energy Services, plus continued drag in 2H from the Warm Home discount scheme and investment in smart meters, we think the lower end of the range is the most likely outcome,\" Barrenjoey says. It has an underweight call on Origin. 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Origin expects an underlying earnings contribution of between breakeven and a A$150 million profit from its share of Octopus. That's despite a A$89 million loss in 1H. Analyst Dale Koenders says Origin should have downgraded its guidance for Octopus. \"With commentary suggesting ongoing losses in Non-UK retail, and Energy Services, plus continued drag in 2H from the Warm Home discount scheme and investment in smart meters, we think the lower end of the range is the most likely outcome,\" Barrenjoey says. It has an underweight call on Origin. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 12, 2026 17:48 ET (22:48 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7006","symbol_name":"电力公用事业","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2611061019","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2611061019","pubTimestamp":1770936480,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2247 GMT - Origin Energy maintained its annual earnings guidance for renewable-energy startup Octopus Energy, but Barrenjoey thinks it shouldn't have done so. Origin expects an underlying earnings contribution of between breakeven and a A$150 million profit from its share of Octopus. That's despite a A$89 million loss in 1H. Analyst Dale Koenders says Origin should have downgraded its guidance for Octopus. \"With commentary suggesting ongoing losses in Non-UK retail, and Energy Services, plus continued drag in 2H from the Warm Home discount scheme and investment in smart meters, we think the lower end of the range is the most likely outcome,\" Barrenjoey says. It has an underweight call on Origin. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7006":"电力公用事业","BK7507":"资源股","BK7130":"综合性石油与天然气企业","ORG.AU":"ORIGIN ENERGY LTD"},"translate_title":"Origin应该下调Octopus Energy指引——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ORG.AU":0.9},"content_text":"2247 GMT - Origin Energy maintained its annual earnings guidance for renewable-energy startup Octopus Energy, but Barrenjoey thinks it shouldn't have done so. Origin expects an underlying earnings contribution of between breakeven and a A$150 million profit from its share of Octopus. That's despite a A$89 million loss in 1H. Analyst Dale Koenders says Origin should have downgraded its guidance for Octopus. \"With commentary suggesting ongoing losses in Non-UK retail, and Energy Services, plus continued drag in 2H from the Warm Home discount scheme and investment in smart meters, we think the lower end of the range is the most likely outcome,\" Barrenjoey says. It has an underweight call on Origin. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 12, 2026 17:48 ET (22:48 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}