Board Change • May 21
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. Independent Non-Executive Director Betsy Donaghey was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Feb 11
Aussie Broadband Limited (ASX:ABB) signed an Asset Sale Agreement to acquire Telecommunications Business and Customer Assets of AGL Energy Limited (ASX:AGL) for approximately AUD 110 million. Aussie Broadband Limited (ASX:ABB) signed an Asset Sale Agreement to acquire Telecommunications Business and Customer Assets of AGL Energy Limited (ASX:AGL) for approximately AUD 110 million on February 11, 2026. The consideration consists of 22 million common equity of Aussie Broadband Limited to be issued for Telecommunications Business and Customer Assets of AGL Energy Limited. Aussie Broadband Limited will pay an earnout payment of AUD 10 million common equity in AUD 2 million tranches, subject to meeting specified net growth hurdles. As part of consideration, AUD 109.66 million is paid towards Telecommunications Business and Customer Assets of AGL Energy Limited.
The expected completion of the transaction is June 2026. The transaction is expected to be EPS accretive. Annuncio • Nov 12
Australian Government Future Fund, existing shareholders of Tilt Renewables Australia Pty Ltd and Unknown funds managed by QIC Limited agreed to acquire an additional 19.90% stake in Tilt Renewables Australia Pty Ltd from AGL Energy Limited (ASX:AGL) for AUD 750 million. Australian Government Future Fund, existing shareholders of Tilt Renewables Australia Pty Ltd and Unknown funds managed by QIC Limited agreed to acquire an additional 19.90% stake in Tilt Renewables Australia Pty Ltd from AGL Energy Limited (ASX:AGL) for AUD 750 million on November 10, 2025. AGL will retain its remaining stake in Tilt following the completion of the deal. The latest acquisition brings buyers stake up to 99.9% while AGL divests most of its 20%, retaining just 0.1%.
The transaction is subject to approvals from the Australian Competition and Consumer Commission and the Foreign Investment Review Board. The transaction is expected to be completed in third quarter of financial year 2026.
Kate Axup, Jeremy Low, Danielle Jones, Andrea Moffatt, Michael Graves, Emily Johnstone, Naomi Bergman, Bill McCreadie, Rosanne Meurling, Lisa Zhou, Chloe Wilton, Simon Dewberry, Joel Barrett and Jessica Mottau of Allens acted as legal advisor for AGL Energy Limited. Nicole Pedler of Herbert Smith Freehills acted as legal advisor for AGL Energy Limited. Annuncio • Oct 03
AGL Energy Limited Elects Elizabeth (Betsy) Donaghey as Director AGL Energy Limited at its AGM held on October 3, 2025. approved Election of Ms Elizabeth (Betsy) Donaghey as Director. Annuncio • Aug 15
AGL Energy Limited, Annual General Meeting, Oct 03, 2025 AGL Energy Limited, Annual General Meeting, Oct 03, 2025. Location: city recital hall (sydney), 2-12 angel place, sydney, new south wales Australia Annuncio • Jul 22
AGL Energy Limited to Report Fiscal Year 2025 Results on Aug 13, 2025 AGL Energy Limited announced that they will report fiscal year 2025 results on Aug 13, 2025 Annuncio • Jun 24
AGL's Advisers Reportedly to Start Selling 20% Stake in Tilt Renewables AGL Energy Limited (ASX:AGL)'s advisers will start preparing for sale its 20% stake in Tilt Renewables Limited from August through to September, but the timing of the process could be critical for the $7 billion Australian listed energy retailer and producer. AGL has hired Bank of America to sell its Tilt interest after buying the business as part of a consortium that paid $2.8 billion in 2021. The Powering Australian Renewables consortium that purchased Tilt was made up of the Future Fund, AGL Energy, Queensland Investment Corporation and Mercury Energy. Sources say that AGL is staging an exit because it has different investment objectives to its other shareholders. AGL requires the business to provide cheap power to sell to its retail energy customers, whereas the other owners want to maximise returns. Financial buyers are the most likely to line up for the stake, such as sovereign wealth funds and pension funds. Annuncio • Feb 13
AGL Energy Limited Declares Cash Dividend for the Six Months Ended December 31, 2024, Payable on March 27, 2025 AGL Energy Limited declared a cash dividend of AUD 0.23000000 per share for the six months ended December 31, 2024. Ex Date is February 25, 2025, Record date is February 26, 2025, Payment date is March 27, 2025. Annuncio • Jan 24
AGL Energy Limited (ASX:AGL) acquired Everty Pty Ltd. AGL Energy Limited (ASX:AGL) acquired Everty Pty Ltd on January 23, 2025.
AGL Energy Limited (ASX:AGL) completed the acquisition of Everty Pty Ltd on January 23, 2025. Annuncio • Jan 21
AGL Energy Limited to Report First Half, 2025 Results on Feb 12, 2025 AGL Energy Limited announced that they will report first half, 2025 results on Feb 12, 2025 Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €5.90, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Integrated Utilities industry in Europe. Total returns to shareholders of 83% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.00 per share. New Risk • Oct 30
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.2% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. New Risk • Oct 03
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.5% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Declared Dividend • Aug 19
Final dividend of AU$0.35 announced Shareholders will receive a dividend of AU$0.35. Ex-date: 27th August 2024 Payment date: 24th September 2024 Dividend yield will be 7.3%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend. Declared Dividend • Aug 16
Final dividend of AU$0.35 announced Shareholders will receive a dividend of AU$0.35. Ex-date: 27th August 2024 Payment date: 24th September 2024 Dividend yield will be 7.5%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 6.7% over the next 3 years. However, it would need to fall by 36% to increase the payout ratio to a potentially unsustainable range. Annuncio • Aug 15
AGL Energy Limited (ASX:AGL) agreed to acquire Terrain Solar Pty Ltd and FIRM POWER ASSETS PTY LTD for AUD 250 million. AGL Energy Limited (ASX:AGL) has entered into a binding agreement to acquire Terrain Solar Pty Ltd and FIRM POWER ASSETS PTY LTD for approximately AUD 250 million on August 14, 2024. A cash consideration of AUD 250 million will be paid by AGL Energy Limited. As part of consideration, AUD 250 million is paid towards the shares and units in Terrain Solar Pty Ltd and FIRM POWER ASSETS PTY LTD.
The proposed acquisition is subject to customary conditions precedent, with completion anticipated in 2024. Reported Earnings • Aug 14
Full year 2024 earnings released: EPS: AU$1.06 (vs AU$1.88 loss in FY 2023) Full year 2024 results: EPS: AU$1.06 (up from AU$1.88 loss in FY 2023). Revenue: AU$13.6b (down 3.7% from FY 2023). Net income: AU$711.0m (up AU$1.98b from FY 2023). Profit margin: 5.2% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.9% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 14
Upcoming dividend of AU$0.26 per share at 3.5% yield Eligible shareholders must have bought the stock before 21 February 2024. Payment date: 22 March 2024. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.7%). Declared Dividend • Feb 11
First half dividend of AU$0.26 announced Shareholders will receive a dividend of AU$0.26. Ex-date: 21st February 2024 Payment date: 22nd March 2024 Dividend yield will be 7.7%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by both earnings (85% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 09
First half 2024 earnings released: EPS: AU$0.86 (vs AU$1.60 loss in 1H 2023) First half 2024 results: EPS: AU$0.86 (up from AU$1.60 loss in 1H 2023). Revenue: AU$6.18b (down 21% from 1H 2023). Net income: AU$576.0m (up AU$1.65b from 1H 2023). Profit margin: 9.3% (up from net loss in 1H 2023). The move to profitability was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Annuncio • Jan 22
AGL Energy Limited to Report First Half, 2024 Results on Feb 08, 2024 AGL Energy Limited announced that they will report first half, 2024 results on Feb 08, 2024 Annuncio • Aug 26
QPM Energy (MGP Upstream) Pty Ltd, QPM Energy (Midstream) Pty Ltd and QPM Energy Markets Pty Ltd Completed the acquisition of the Moranbah Project from AGL Energy Limited (ASX:AGL) and Arrow Energy Pty Ltd. QPM Energy (MGP Upstream) Pty Ltd, QPM Energy (Midstream) Pty Ltd and QPM Energy Markets Pty Ltd have entered into a binding Asset Sale Agreement to acquire the Moranbah Project from AGL Energy Limited (ASX:AGL) and Arrow Energy Pty Ltd for AUD 5 million on April 5, 2023. Completion of the agreement is subject to a number of customary conditions for a transaction of this nature, including obtaining approval from the Government Minister to the transfer of Petroleum Titles, the replacement of rehabilitation security for the Environmental Authorities and securing the approval of the counterparties to the novation or assignment of certain material contracts. Transaction is expected to complete in June/July 2023. As on July 17, 2023, completion is estimated to occur around the end of July 2023. QPME is forecasting that the Moranbah Project will generate positive EBITDA through 2024 based on production, operating and electricity price assumptions.QPM Energy (MGP Upstream) Pty Ltd, QPM Energy (Midstream) Pty Ltd and QPM Energy Markets Pty Ltd Completed the acquisition of the Moranbah Project from AGL Energy Limited (ASX:AGL) and Arrow Energy Pty Ltd on August 25, 2023. Upcoming Dividend • Aug 16
Upcoming dividend of AU$0.23 per share at 2.8% yield Eligible shareholders must have bought the stock before 23 August 2023. Payment date: 22 September 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.9%). Reported Earnings • Aug 11
Full year 2023 earnings released: AU$1.88 loss per share (vs AU$1.32 profit in FY 2022) Full year 2023 results: AU$1.88 loss per share (down from AU$1.32 profit in FY 2022). Revenue: AU$14.2b (up 7.1% from FY 2022). Net loss: AU$1.26b (down 247% from profit in FY 2022). Revenue is forecast to stay flat during the next 3 years compared to a 1.6% decline forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Annuncio • Aug 10
AGL Energy Limited Declares Final Dividend for the Year Ended June 30, 2023, Payable on September 22, 2023 AGL Energy Limited announced that it directors have declared a final dividend of 23.0 cents per share, compared with 10.0 cents per share for the prior final dividend. The annual dividend for the year ended 30 June 2023 was 31.0 cents per share compared with 26.0 cents per share for the prior year. The final dividend will be 100% unfranked and will be paid on 22 September 2023. The record date to determine shareholders' entitlements to the final dividend is 24 August 2023. Shares will commence trading ex-dividend on 23 August 2023. Annuncio • Jun 16
AGL Energy Limited Updates Dividend Policy AGL Energy Limited updated its dividend policy, effective from the FY24 interim dividend. AGL will target a payout ratio of 50 to 75 percent of Underlying Profit after tax, which will be franked to the extent possible. This replaces AGL's current dividend policy, announced in September 2016, of targeting a payout ratio of 75% of Underlying Profit after tax. This change to the dividend policy reflects AGL's commitment to maintaining a Baa2 investment grade credit rating and enables the flexible deployment of capital, to strengthen the core business and realise timely opportunities through the energy transition, all whilst maximising returns to shareholders. Recent Insider Transactions • Mar 19
Director recently bought €62k worth of stock On the 17th of March, Kerry Schott bought around 15k shares on-market at roughly €4.30 per share. This transaction increased Kerry's direct individual holding by 1x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €123k. Insiders have collectively bought €999k more in shares than they have sold in the last 12 months. Board Change • Feb 23
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Chairman Patricia McKenzie is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Annuncio • Feb 09
AGL Energy Limited Announces Dividend for the Six Months Ended December 31, 2022, Payable on March 24, 2023 AGL Energy Limited announced dividend for the six months ended December 31, 2022 of AUD 0.08000000 per share. Record date is February 23, 2023. Ex-date is February 22, 2023. Payment date is March 24, 2023. Recent Insider Transactions • Oct 05
Insider recently bought €132k worth of stock On the 30th of September, Miles George bought around 30k shares on-market at roughly €4.39 per share. This transaction increased Miles George's direct individual holding by 300x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €423k more in shares than they have sold in the last 12 months. Board Change • Jun 07
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Patricia McKenzie was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 04
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Patricia McKenzie was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Recent Insider Transactions • Feb 17
Non-Executive Director recently bought €90k worth of stock On the 15th of February, Graham John Cockroft bought around 20k shares on-market at roughly €4.47 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Upcoming Dividend • Feb 16
Upcoming dividend of AU$0.16 per share Eligible shareholders must have bought the stock before 23 February 2022. Payment date: 30 March 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 6.9%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (3.1%). Reported Earnings • Feb 11
First half 2022 earnings: EPS in line with analyst expectations despite revenue beat First half 2022 results: EPS: AU$0.87 (up from AU$3.65 loss in 1H 2021). Revenue: AU$5.71b (up 5.5% from 1H 2021). Net income: AU$555.0m (up AU$2.83b from 1H 2021). Profit margin: 9.7% (up from net loss in 1H 2021). Revenue exceeded analyst estimates by 12%. Over the next year, revenue is expected to shrink by 1.7% compared to a 2.9% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance. Executive Departure • Sep 23
Independent Non-Executive Director John Stanhope has left the company On the 22nd of September, John Stanhope's tenure as Independent Non-Executive Director ended after 12.5 years in the role. As of June 2021, John still personally held 15.25k shares (€78k worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 1.79 years, which is considered inexperienced in the Simply Wall St Risk Model. Upcoming Dividend • Aug 18
Upcoming dividend of AU$0.34 per share Eligible shareholders must have bought the stock before 25 August 2021. Payment date: 29 September 2021. Trailing yield: 8.8%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (3.4%). Reported Earnings • Aug 12
Full year 2021 earnings released: AU$3.30 loss per share (vs AU$1.58 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: AU$11.1b (down 9.0% from FY 2020). Net loss: AU$2.06b (down 303% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 16
New 90-day low: €6.90 The company is down 11% from its price of €7.75 on 18 November 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Integrated Utilities industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.74 per share. Reported Earnings • Feb 12
First half 2021 earnings released: AU$3.67 loss per share (vs AU$0.50 profit in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and control over costs. First half 2021 results: Revenue: AU$5.42b (down 14% from 1H 2020). Net loss: AU$2.29b (down AU$2.61b from profit in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 12
Revenue misses expectations Revenue missed analyst estimates by 13%. Over the next year, revenue is forecast to stay flat compared to a 5.7% growth forecast for the Integrated Utilities industry in Germany. Is New 90 Day High Low • Jan 28
New 90-day low: €7.25 The company is down 2.0% from its price of €7.40 on 30 October 2020. The German market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Integrated Utilities industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.75 per share. Is New 90 Day High Low • Dec 24
New 90-day low: €7.30 The company is down 14% from its price of €8.50 on 25 September 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Integrated Utilities industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.14 per share. Is New 90 Day High Low • Oct 22
New 90-day low: €7.80 The company is down 25% from its price of €10.40 on 24 July 2020. The German market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Integrated Utilities industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.13 per share. Is New 90 Day High Low • Sep 30
New 90-day low: €8.20 The company is down 23% from its price of €10.60 on 02 July 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Integrated Utilities industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.11 per share.