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Origin Energy Reports Mixed HY26 Results with Focus on Energy Markets and Battery Investments

NATURAL GAS

Origin Energy Limited reported a half-year underlying EBITDA of $1,589 million for HY26, down from $1,926 million in HY25. The Energy Markets division generated $860 million in EBITDA, improving from $738 million, supported by 96,000 new customer accounts.

The company invested $1.8 billion in battery capacity, including a recently operational 460 MW Eraring Battery Stage 1 and an additional $80 million for Stage 2 expansion. APLNG earnings fell to $798 million, impacted by lower LNG prices. Adjusted free cash flow reached $705 million, with updated EBITDA guidance for Energy Markets set at $1,550 million to $1,750 million and APLNG production guidance at 645 to 680 petajoules for FY26.

Origin Energy Reports Mixed HY26 Results with Focus on Energy Markets and Battery Investments
Feb 13, 2026, 6:00 AM

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