Four Energy Stocks: WPL, ORG, STO And OSH

Four Energy Stocks: WPL, ORG, STO And OSH

Energy sector contains the stock of the companies, associated with energy production. These companies specialise in exploring and developing oil or gas reserves, drilling of oil and gas and so forth.

Let’s go through a few of the stocks associated with the energy sector which are as follows:

Woodside Petroleum Ltd

Woodside Petroleum Ltd (ASX: WPL) has been pioneering the (Liquified Natural Gas) LNG industry in the Australian region, for quite some time now. It is also known as the biggest producer of natural gas across Australia. The company has an international portfolio and is acknowledged for its world-class capabilities, as an integrated upstream energy supplier.

On 12 March 2019, WPL declared the change in interests for one of its directors Mr Peter John Coleman. The director has now acquired 90,819 ordinary fully paid shares on 6 March 2019.

On the same day, the company further announced about its 2019 Annual General Meeting to take place on 2 May 2019, at 2:00 PM AWST at the Perth Convention & Exhibition Centre, 21 Mounts Bay Road, Perth, Western Australia.

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In its recently published annual report for the period ending 31 December 2018, the company recorded a rise of 28% in net profit after tax to $1,364 million. A rise of 83% of free cash flow to $1524 million was noted by WPL.

The company declared a dividend of US$0.91 (100% franked) for the period ending on 31 December 2018, which had a record date of 25 February 2019, and ex-date of 22 February 2019. The payment due date was mentioned as 20 March 2019.

The stock of the company, by the end of the trading session, was at a price of A$34.100 (as on 5 April 2019). It has a market capitalization of around $31.95 with circa 936.15 million outstanding shares. In the last 6 months, the stock has generated a return of 12.49 %. However, in last 12 months, the stock of the company gave a return of 15.11%.

Origin Energy Limited

Origin Energy Limited (ASX: ORG) is engaged with exploring, producing, generating and retailing of the energy. The company is the leading provider of energy to residences and businesses across the Australian region.

On 29 March 2019, the company had issued 1,769,296 Fully Paid Ordinary Shares pursuant to the Rules of the Dividend Reinvestment Plan (DRP), at an issue price of $7.3395.

Also, on 21 March 2019, the company notified about the updated fully-franked dividend of AUD 0.10 for the period ending 31 December 2018. It had a record date of 4 March 2019, with an ex-date of 1 March 2019.  The payment due date was 29 March 2019.

In its half-year period ending on 31 December 2018, the company recorded the net cash from operating activities standing at $553 million from $534 in the previous corresponding period (pcp). The net cash from investing activities stood at $201 million from the incurred loss of $183 million in the pcp. The Net cash used in financing activities stood at $813 million from $243 million in the pcp. The cash and cash equivalents at the end of the period were recorded at $92 million from $258 million in the pcp.

The stock of the company, by the end of the trading session, was at a price of A$7.100 (as on 5 April 2019). It has a market capitalization of around A$12.52 billion with circa 1.76 billion outstanding shares. In the last 6 months, the stock has given a negative return of 16.84%. However, in last 3 months, the stock of the company gave a return of 7.56%.

Santos Limited

Santos Limited (ASX: STO) is a supplier of natural gas to both the residents and industries across the Australian and Asian region. It is also known as one of the leaders among the oil and gas producers (independent) in the Asia-pacific zone. The company is based in Australia and was established in 1954.

On 3 April 2019, the company announced that the final processed data from the Beehive 3D Seismic Survey conducted, in August last year, has been obtained from the processing contractor. It is also quality checked and accepted as the Final Data Set by the 3 companies Total S.A., STO and Melbana Energy Limited (ASX: MAY).

In its annual report ending for the period 31 December 2018, the company noted the revenue from contracts with customers – Product sales at US$ 3,660. The Net profit for the period attributable to owners of Santos Limited stood at US$ 630.

For the period ending 31 December 2018, the company declared a dividend (100% franked) of USD 0.062. It had a record date of 27 February 2019, with an ex-date of 26 February 2019. The payment due date was mentioned as 28 March 2019.

 The stock of the company, by the end of the trading session, was at a price of A$6.670 (as on 5 April 2019). It has a market capitalization of around A$14.04 billion with circa 2.08 billion outstanding shares. In the last months, the stock has given a negative return of 9.53%. However, in last 12 months, the stock of the company gave a return of 15.41%.

Oil Search Limited

Oil Search Limited (ASX: OSH) is known as the biggest Piped Natural Gas (PNG) company and investor. It operates all the Australian oil fields, which produces oil and engages in exploration work as well. It was established in 1929 and was officially listed on ASX on 1 January 1974.

Recently, the company notified the market that PNG LNG Project co-ventures have inked an agreement with Unipec Singapore Pte Ltd, for the annual supply of ~0.45mt LNG  (MTPA) for next four years. The company has a 29% stake in the Exxon Mobil managed PNG LNG project.

In its annual report for the period ending 31 December 2018, the company recorded Net cash from operating activities of $0.85 billion. The Net cash used in investing activities was noted at $0.81 billion. The Net cash used in from financing activities stood at $0.46 billion. The Cash and cash equivalents at the end of the year stood at $0.60 billion. During the year 2018, the company successfully drilled gas wells namely Kimu 2 and Barikewa 3.

The stock of the company, by the end of the trading session, was at a price of A$7.880 (as on 5 April 2019). It has a market capitalization of around A$12.07 billion with circa 1.52 billion outstanding shares. In the last months, the stock has witnessed growth of 13.54%. However, in the last 12 months, the stock of the company gave a return of 10 %.


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