Origin Energy Limited

ASX:ORG Stock Report

Market Cap: AU$18.8b

Origin Energy Management

Management criteria checks 3/4

Origin Energy's CEO is Frank Calabria, appointed in Oct 2016, has a tenure of 9.58 years. total yearly compensation is A$7.63M, comprised of 27.4% salary and 72.6% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth A$20.22M. The average tenure of the management team and the board of directors is 9.4 years and 5.3 years respectively.

Key information

Frank Calabria

Chief executive officer

AU$7.6m

Total compensation

CEO salary percentage27.35%
CEO tenure9.6yrs
CEO ownership0.1%
Management average tenure9.4yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

Narrative Update May 16

ORG: Updated Guidance And Margin Outlook Will Support Balanced Future Expectations

Analysts have trimmed Origin Energy's price target slightly to A$12.19 from A$12.34, citing updated assumptions around revenue growth, profit margins and a modestly higher discount rate. These factors together feed into a higher future P/E multiple of 20.01x.
Narrative Update Apr 21

ORG: Updated Guidance And Margin Outlook Will Support Measured Fair Value View

Analysts have increased their Origin Energy price target slightly, from A$12.17 to A$12.34, reflecting updated views on fair value, margin outlook and future P/E assumptions. What's in the News Origin Energy held an Analyst/Investor Day, providing the market with a structured forum to hear directly from management about the business and outlook (company event).
Narrative Update Apr 07

ORG: Updated Guidance And Margin Outlook Will Support Measured Fair Value View

Analysts have nudged their fair value estimate for Origin Energy slightly higher to A$12.17 from A$12.15, reflecting updated assumptions around revenue growth, profit margins, and a modestly lower future P/E multiple. What's in the News Origin Energy held an Analyst/Investor Day, giving the market a closer look at its plans and assumptions across the business (Key Developments).
Narrative Update Mar 23

ORG: Updated Production Guidance And Margin Assumptions Will Support Fair Value Outlook

Analysts have nudged their Origin Energy price target up slightly, from A$12.05 to A$12.15, reflecting updated assumptions around revenue growth, profit margins and future P/E expectations. What's in the News Origin Energy updated production guidance for fiscal 2026 to a range of 645 PJ to 680 PJ, compared with the previous range of 635 PJ to 680 PJ, giving a clearer view of expected output for the period (Key Developments).
Narrative Update Mar 06

ORG: Updated Production Guidance And Stable Margins Will Support Fair Value Outlook

Analysts have nudged their Origin Energy price target slightly higher to A$12.05 from A$12.03, reflecting updated assumptions around revenue growth, profit margins, and a modestly lower future P/E multiple. What's in the News Origin Energy updated its production guidance for fiscal 2026 to 645 PJ to 680 PJ, compared with the previous range of 635 PJ to 680 PJ.
Narrative Update Jan 21

ORG: Slower Revenue Assumptions And Stable Margins Will Support Fair Value Outlook

Analysts have trimmed their price target for Origin Energy slightly from A$12.15 to A$12.03 as they now assume slower revenue growth, broadly similar profit margins, and a slightly lower future P/E multiple. Valuation Changes Fair value estimate reduced slightly from A$12.15 to A$12.03.
Narrative Update Jan 05

ORG: LNG Output Guidance And Margin Assumptions Will Steady Future Expectations

Analysts have kept their fair value estimate for Origin Energy steady at A$12.15 per share, with only small tweaks in profit margin assumptions and a slightly higher future P/E ratio cited as the main drivers of the updated price target view. What's in the News Origin Energy issued production guidance for fiscal 2026, with Australia Pacific LNG output expected in the range of 635 to 680 PJ.
Analysis Article Dec 23

Origin Energy Limited's (ASX:ORG) Business And Shares Still Trailing The Market

When close to half the companies in Australia have price-to-earnings ratios (or "P/E's") above 22x, you may consider...
Narrative Update Dec 15

ORG: LNG Volumes And Stable Margins Will Shape Future Market Expectations

Narrative Update on Origin Energy Analysts have maintained their price target for Origin Energy at A$12.15, reflecting unchanged views on the company’s discount rate, revenue growth outlook, profit margin expectations, and future P E multiple. What's in the News Issued fiscal 2026 production guidance, expecting Australia Pacific LNG output of 635 to 680 petajoules, which underscores stable long term volume expectations (Key Developments).
Narrative Update Nov 27

ORG: Forward LNG Output And Profit Margins Will Guide Market Expectations

Analysts have slightly lowered their price target for Origin Energy, adjusting it from $12.24 to $12.15 because of modest shifts in profit margin estimates and forward earnings projections. What's in the News Origin Energy released new corporate guidance for fiscal year 2026 (Key Developments) The company expects Australia Pacific LNG production to be between 635 and 680 petajoules for the period (Key Developments) Valuation Changes Consensus Analyst Price Target has decreased slightly from A$12.24 to A$12.15.
Analysis Article Nov 20

Does Origin Energy (ASX:ORG) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Narrative Update Nov 13

ORG: Future LNG Production Guidance And Evolving Margins Will Shape Outlook

Analysts have raised their fair value estimate for Origin Energy from $12.13 to $12.24. They cite improvements in projected revenue growth, despite a slightly lower profit margin outlook and a modestly higher discount rate.
Narrative Update Oct 30

ORG: Rising Dividend And Modest Margin Improvement Will Support Future Stability

Analysts have slightly increased their price target for Origin Energy to $12.13 per share, citing modest improvements in expected profit margins and revenue growth forecasts. What's in the News Origin Energy Limited has issued production guidance for fiscal year 2026, expecting Australia Pacific LNG production in the range of 635 to 680 petajoules (Key Developments).
Narrative Update Oct 16

Flat Residential Electricity Demand And Rising Costs Will Erode Profits

Origin Energy's analyst price target has been raised modestly from $11.91 to $12.11, as analysts highlight slightly improved revenue outlooks even though softer profit margins are expected ahead. What's in the News The Board of Origin Energy Limited has declared a fully franked final dividend of 30 cents per share.
Analysis Article Oct 09

Is Now The Time To Put Origin Energy (ASX:ORG) On Your Watchlist?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Sep 08

The Market Doesn't Like What It Sees From Origin Energy Limited's (ASX:ORG) Earnings Yet

With a price-to-earnings (or "P/E") ratio of 14.3x Origin Energy Limited ( ASX:ORG ) may be sending bullish signals at...
Analysis Article Aug 16

Origin Energy (ASX:ORG) Has Announced A Dividend Of A$0.30

Origin Energy Limited's ( ASX:ORG ) investors are due to receive a payment of A$0.30 per share on 3rd of October. The...
Narrative Update Aug 16

Shifting To Renewables Will Increase Costs And Compress Future Margins

Despite a decline in consensus revenue growth forecasts and a higher future P/E ratio, analysts have raised Origin Energy’s fair value estimate from A$11.12 to A$11.91 per share. Valuation Changes Summary of Valuation Changes for Origin Energy The Consensus Analyst Price Target has risen from A$11.12 to A$11.91.
Analysis Article May 24

What Does Origin Energy Limited's (ASX:ORG) Share Price Indicate?

Let's talk about the popular Origin Energy Limited ( ASX:ORG ). The company's shares saw a double-digit share price...
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New Narrative Feb 23

Shifting To Renewables Will Increase Costs And Compress Future Margins

Transitioning to renewables and investing in infrastructure increases capital expenditure, impacting cash flows and net margins due to delayed ROI.

CEO Compensation Analysis

How has Frank Calabria's remuneration changed compared to Origin Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

AU$1b

Sep 30 2025n/an/a

AU$1b

Jun 30 2025AU$8mAU$2m

AU$1b

Mar 31 2025n/an/a

AU$1b

Dec 31 2024n/an/a

AU$1b

Sep 30 2024n/an/a

AU$1b

Jun 30 2024AU$7mAU$2m

AU$1b

Mar 31 2024n/an/a

AU$2b

Dec 31 2023n/an/a

AU$2b

Sep 30 2023n/an/a

AU$1b

Jun 30 2023AU$6mAU$2m

AU$1b

Mar 31 2023n/an/a

AU$78m

Dec 31 2022n/an/a

-AU$899m

Sep 30 2022n/an/a

-AU$1b

Jun 30 2022AU$5mAU$2m

-AU$1b

Mar 31 2022n/an/a

-AU$2b

Dec 31 2021n/an/a

-AU$2b

Sep 30 2021n/an/a

-AU$2b

Jun 30 2021AU$5mAU$2m

-AU$2b

Mar 31 2021n/an/a

-AU$2b

Dec 31 2020n/an/a

-AU$699m

Sep 30 2020n/an/a

-AU$308m

Jun 30 2020AU$5mAU$2m

AU$83m

Mar 31 2020n/an/a

AU$549m

Dec 31 2019n/an/a

AU$1b

Sep 30 2019n/an/a

AU$1b

Jun 30 2019AU$5mAU$2m

AU$1b

Compensation vs Market: Frank's total compensation ($USD5.44M) is above average for companies of similar size in the Australian market ($USD3.96M).

Compensation vs Earnings: Frank's compensation has been consistent with company performance over the past year.


CEO

Frank Calabria (57 yo)

9.6yrs
Tenure
AU$7,634,000
Compensation

Mr. Frank G. Calabria, BEc, GradDip AppFin, MBA, FCA, FFin, has been the Chief Executive Officer, Managing Director and Executive Director of Origin Energy Limited since October 19, 2016. Mr. Calabria has...


Leadership Team

NamePositionTenureCompensationOwnership
Frank Calabria
MD, CEO & Executive Director9.6yrsAU$7.63m0.11%
A$ 20.2m
Anthony Lucas
Chief Financial Officer9.4yrsAU$3.28m0.016%
A$ 2.9m
Greg Jarvis
Executive General Manager of Energy Supply & Operations9.4yrsAU$3.52m0.019%
A$ 3.7m
Jon Briskin
Executive General Manager of Retail9.4yrsAU$3.56m0.033%
A$ 6.1m
Andrew Thornton
Executive General Manager of Integrated Gas4.5yrsAU$3.30m0.016%
A$ 3.1m
Lindsay Donnelly
Group Manager of Investor Relationsno datano datano data
Kate Jordan
General Counsel and Executive General Manager6.2yrsno datano data
Alicia Purtell
Executive General Manager of People and Cultureless than a yearno datano data
Helen Hardy
Company Secretary15.9yrsno datano data
James Magill
Executive General Manager of Origin Zerono datano datano data
9.4yrs
Average Tenure

Experienced Management: ORG's management team is seasoned and experienced (9.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Frank Calabria
MD, CEO & Executive Director9.6yrsAU$7.63m0.11%
A$ 20.2m
Ilana Atlas
Independent Non-Executive Director5.3yrsAU$249.00k0.0029%
A$ 544.1k
Joan Withers
Independent Non-Executive Director5.6yrsAU$263.00k0.0017%
A$ 326.5k
Nora Scheinkestel
Independent Non-Executive Director4.2yrsAU$264.00k0.0025%
A$ 467.2k
Scott Perkins
Independent Non-Executive Chairman10.7yrsAU$710.00k0.0046%
A$ 872.5k
Stephen Mikkelsen
Independent Non-Executive Directorless than a yearno data0.00058%
A$ 108.8k
Michael McCormack
Independent Non Executive Director5.4yrsAU$251.00k0.0058%
A$ 1.1m
Greg Lalicker
Independent Non-Executive Director7.2yrsAU$238.00k0.0058%
A$ 1.1m
Deion Campbell
Independent Non-Executive Director1.7yrsAU$216.00k0.00043%
A$ 80.7k
Fiona Hick
Independent Non-Executive Directorless than a yearno datano data
5.3yrs
Average Tenure
64yo
Average Age

Experienced Board: ORG's board of directors are considered experienced (5.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 23:05
End of Day Share Price 2026/05/22 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Origin Energy Limited is covered by 22 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dale KoendersBarrenjoey Markets Pty Limited
Reinhardt van der WaltBofA Global Research
Andrew ScottCGS International